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Athens agrees to legislate more measures; creditors set to return

By   /  20/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens agrees to legislate more measures; creditors set to return

  Prior to a crucial Eurogroup meeting on Monday evening, an agreement was reached an agreement was reached during a meeting in Brussels, in which participants included Greek Finance Minister Tsakalotos, Eurogroup president Jeroen Dijsselbloem, European Financial Affairs Commissioner Pierre Moscovici, Eureopean Stability Mechanism chief Klaus Regling and other representatives of Greece’s creditors. The Greek […]

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Moscovici: There is convergence at certain points to conclude the review and move ahead

By   /  15/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Moscovici: There is convergence at certain points to conclude the review and move ahead

  Greece’s talks with its official lenders on concluding the programme review have made progress but more steps are needed, EU Commissioner for Economic and Financial Affairs, Taxation and Customs said on Wednesday upon his arrival at the Finance Ministry. “There is convergence at certain points so that we can conclude the review and move […]

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Athens sends defiant message to creditors: “No more austerity measures”

By   /  25/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens sends defiant message to creditors: “No more austerity measures”

Greek Prime Minister Alexis Tsipras sounded a warning to the country’s creditors ahead of a Eurogroup meeting this week that his government will not legislate any more austerity measures. The PM also ruled out the prospect of an early election being called and yet again called the International Monetary Fund to “assume responsibility for its […]

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Athens looks to overcome obstacles to review conclusion

By   /  13/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens looks to overcome obstacles to review conclusion

On the day of a Euro Working Group meeting, European Commissioner for Economic and Financial Affairs, Pierre Moscovici met with Greek counterpart Eu. Tsakalotos in Brussels. After the meeting on Thursday, Moscovici told reporters that the International Monetary Fund’s (IMF) participation in the Greek program is viewed as reassuring for a number of EU member-states. […]

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Moscovici, Draghi boost Greek debt relief hopes

By   /  29/11/2016  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Moscovici, Draghi boost Greek debt relief hopes

Greek Prime Minister Alexis Tsipras received a much welcome boost on Monday to his hopes of Greece being granted debt relief by its international creditors, a development most notably strongly opposed by Berlin. During a meeting with European Financial Affairs Commissioner, Pierre Moscovici, on the Greek bailout program and economic developments in Greece, the Commissioner […]

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Athens hopes for lower primary surplus targets in future

By   /  25/11/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Athens hopes for lower primary surplus targets in future

Eurogroup president Jeroen Dijsselbloem said Thursday that Eurozone Finance Ministers will reevaluate the 3.5 percent primary surplus target set for the Greek government to achieve in 2018, at the end of the current bailout program. Dijsselbloem said it is realistic to assume that the primary surplus could be brought down slightly in the long term. […]

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