The European Stability Mechanism (ESM) board on Tuesday approved a 6.7-billion-euro loan tranche for Greece, the fourth tranche of ESM financial assistance to Greece. In addition, it approved the disbursement of the first sub-tranche of 5.7 billion euros.
Greece is nearing the end of the course and has entered the home stretch, European Commissioner for Economic and Monetary Affairs Pierre Moscovici said in the Greek parliament on Friday, speaking before the members of Greek parliamentary committees.
Growth has returned to Greece after so many years, jobs have opened and investors are returning to Greece, European Commissioner for Financial Affairs Pierre Moscovici said in an interview with the Athens-Macedonian News Agency.
The agreement on Greece that was reached in principle in Valletta is certain to yield a result long before the summer, Finance Minister Euclid Tsakalotos said on Friday, during a press conference after the Eurogroup in Malta.
Eurostat’s figures confirm that the Greek economy is outperforming as it has returned to growth, Prime Minister Alexis Tsipras on Wednesday said during a meeting with EU Commission for Economic and Financial Affairs Pierre Moscovici.
Greece must not slacken the pace of reforms until all the milestones have been reached and all the prior actions completed, European Commissioner for Economic and Financial Affairs Pierre Moscovici insisted on Monday, in a joint press conference with Greek Finance Minister Euclid Tsakalotos following their meeting in Athens.
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.
The European Commission forecasts that the Greek economy will return to growth in the second half of the year and could grow by 2.7 pct in 2017 on the condition that the country implements vital reforms agreed in a bailout programme, EU Commissioner for Economic Affairs Pierre Moscovici said in video address shown at a […]