debt
“Eurogroup will review Greece’s progress and make final decisions” says Mario Centeno
The post-programme surveillance framework, the final loan tranche and the possible measures to ease Greece’s debt are the main decisions the Eurogroup will be asked to make on June 21, according to its president Mario Centeno.
Mitsotakis asks Dombrovskis for a drastic intervention to alleviate Greece’s public debt
New Democracy leader Kyriakos Mitsotakis on Friday asked for drastic intervention on the part of Greece’s lenders to alleviate the country’s debt, which was in Greece’s best interests, during his meeting with European Commission Vice President Valdis Dombrovskis. The meeting was held in Mitsotakis’ office at the Greek parliament.
No more memorandum after the end of the Greek programme, ESM chief Regling assures
There will be no new memorandum after Greece’s exit from the programme, the chief of European Stability Mechanism (ESM) Klaus Regling clearly stated on Friday, underlining that while surveillance will be stricter there will be no new conditions.
Debt relief to be agreed by June 21, should by substantially frontloaded, says Pierre Moscovici
European Commissioner for Economic and Financial Affairs Pierre Moscovici expressed certainty that a final agreement covering the post-programme period, surveillance and debt relief will be reached at June 21 Eurogroup meeting, in a interview with the newspaper Kathimerini on Tuesday.
President of the Eurogroup Mario Centeno: Greek debt deal will be credible to markets
Euro zone lenders will put together a debt relief deal for Greece that will be credible to markets and involve a rescheduling of loans from the second Greek bailout, said Mario Centeno, chairman of the euro zone finance ministers group, according to Reuters news agency.
Eurogroup sees “determination” for Greece deal June 21
Eurozone finance ministers agreed at a meeting in Brussels on Thursday to push ahead with debt relief talks on Greece in coming days and encouraged the country to stick to its reforms commitments.
Finance Minister Euclid Tsakalotos: Greece’s credibility has improved over the last 2.5 years
Finance Minister Euclid Tsakalotos explained on Wednesday the reasons he is not in favour of a credit line after Greece’s exit from the loan memoranda and why he considers Greece’s joining the European Central Bank’s (ECB) quantitative easing programme a positive move but not necessary for returning to the markets.
Eurogroup marks start of 4th review and Greek debt relief discussion, finance ministry says
The Eurogroup on Monday marked the beginning of the fourth review of the Greek programme and the debate on Greek debt relief, finance ministry sources said on Tuesday.
Eurostat: Greece’s public debt totaled 177.4 pct of GDP in the third quarter of 2017
Greece’s public debt totaled 177.4 pct of GDP in the third quarter of 2017, up 1.3 pct compared with the second quarter of the year, but down 0.5 pct in comparison with the third quarter of 2016, Eurostat said on Wednesday.
ESM chief Regling reports ‘convergence’ with IMF on Greek debt in ‘To Vima’ interview
European Stability Mechanism (ESM) chief Klaus Regling revealed that Greece’s European creditors and the International Monetary Fund (IMF) were getting closer on the issue of restructuring Greece’s debt, in an interview with the Greek newspaper ‘To Vima’ published on Sunday.