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Tag: Eurogroup

greek economy

Government keen to prevent Greek economy falling ill to coronavirus

Greece’s Finance Minister Christos Staikouras on Tuesday announced that the Mitsotakis government was ready to take specific measures for each possible scenario of consequences from the spreading of coronavirus in the Greek…

Christos Staikouras

Finance Minister talks up Greece at IMF

Greece’s Finance Minister Christos Staikouras talked up the country’s economic prospects during a series of meetings in Washington in the context of the Annual Meeting of the IMF. Staikouras met with representatives…

Eurogroup

Greek government seeks total lifting of capitol controls

Greece’s Finance Ministry has announced that the Mitsotakis government has ready the provisions on the total lifting of the capital controls, approximately 4.5 years after their imposition and expects the green light…

Eurogroup not yet finished with Greece 1

Eurogroup not yet finished with Greece

The head of the European Stability Mechanism (ESM), Mr Klaus Regling, said on Thursday that the Eurogroup and the institutions plan to discuss with incoming Greek government following the July 7 general…

Greek economy on positive course: Eurogroup Chief 3

Greek economy on positive course: Eurogroup Chief

Greece’s economy is recording a positive trajectory, said Eurogroup chief Mario Centeno on Tuesday during his speech to the Committee on Economic and Monetary Affairs of the European Parliament in Brussels. “Greece…

Greek government tries hard to avoid pension cuts 5

Greek government tries hard to avoid pension cuts

In it’s draft budget for 2019 the Greek government is offering alternatives in a desperate bid to avoid controversial pension cuts previoulsy ordered by the European Commision. According to European sources both…

European Central Banker praises Greek Government 10

European Central Banker praises Greek Government

Bernard Delahaye of the European Central Bank praised the Greek government today for its “remarkable work” in recent years as it negotiated the crisis. Delahaye who made the statements during an interview…

European Commission to propose an end to daylight savings time 12

European Commission to propose an end to daylight savings time

President of the European Commission Jean-Claude Juncker, announced on Friday that the institution will put forward a proposal to end daylight savings time across the European Union. “We carried out a survey,…

Greece successfully exits final bailout 14

Greece successfully exits final bailout

Greece has successfully exited its final, three-year bailout program, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone’s ESM rescue fund said…

Euro Greece

Europe showers Greece with praise over reforms

Eurogroup President Mario Centeno has praised the Greek people and government for the “tremendous effort” in implementing most of the reforms and actions required in the third review. “The institutions reported that…

Get back to work Greece, Eurogroup orders 18

Get back to work Greece, Eurogroup orders

European finance ministers met on Friday at the informal Eurogroup summit in Bratislava and expressed concerns that Greece was falling behind schedule in its obligations. There was concern and pressure for Greece…

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