Greece needs to adopt a “second generation” of reforms as the policy mix followed during the crisis didn’t favour economic growth, Finance Minister Euclid Tsakalotos said on Thursday during a debate in a panel on structural reforms, at the Brussels Economic Forum.
The Euro Working Group (EWG) gave the green light to European parliaments to go ahead with the disbursement of the 7.5 billion euro loan tranche, according to government sources.
European Parliament Vice-President and SYRIZA MEP Dimitris Papadimoulis on Tuesday asked EU Commissioner Pierre Moscovici and European Commission Vice-President Valdis Dombrovskis whether they are considering lower primary surpluses as of 2018 in order to help Greece return to growth.
Foreign Minister Nikos Kotzias on Tuesday underlined Greece’s willingness to solve old problems that could create difficulties in the European course of Albania.
The EuroWorking Group will convene on Monday to formally close the program review process and give the green light for the disbursement of the 7.5 billion euro loan tranche this month.
French Prime Minister Manuel Valls will pay an official visit to Greece on June 2-3 with the view to boost the bilateral relations of the two countries.
The government and the institutions agreed early on Wednesday on the pending issues for the conclusion of the Greek program review which will give the green light for the disbursement of the 7.5 billion euro loan sub-tranche.
The European Stability Mechanism (ESM) published on Monday an updated report on the decisions taken at the last Eurogroup meeting for Greece and the details for the disbursement of the country’s loan installments.
Greece is recovering faster than expected, German Finance Minister Wolfgang Schaeuble said on Monday and expressed his optimism over the country’s prospects.
Russian President Vladimir Putin’s visit to Athens on Friday is the culmination of a series of high-level meetings held recently and marks the restart of the relations between the two countries, Prime Minister Alexis Tsipras said during a joint press conference with Russian President Vladimir Putin.