“It is a historic decision that makes the Greek debt sustainable,” government spokesman Dimitris Tzanakopoulos said on Friday, referring to the decision on Greece reached by euro area finance ministers at the Eurogroup in an interview with the public broadcaster ERT.
LUXEMBOURG (ANA/M. Aroni) – The Eurogroup ministers reached an agreement in principle on the size of the last loan tranche to Greece and debt relief measure, early on Friday morning, according to a Eurozone source in Luxembourg.
Prime Minister Alexis Tsipras, in a meeting on Friday to brief President Prokopios Pavlopoulos on the results of the June 21 Eurogroup, said it was an agreement that reflects the moral obligation of Greece’s partners in response to the sacrifices made by the Greek people.
Speaking to reporters ahead of the crucial Eurogroup meeting that will discuss the end of the Greek programme on Thursday, Eurogroup President Mario Centeno appeared optimistic that this will end with a debt relief package that will restore sustainability and mark a new stage for the Greek economy.
Greece has completed all prior actions needed to conclude the fourth and final review of the Greek programme, according to a compliance report posted by the Directorate General for Economic and Financial Affairs on Wednesday. This opens up the path for approving the disbursement of the final tranche of loans under the programme when euro […]
The time has come for Greece to stand on its own two feet, EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici said on Wednesday.
“This is a vital week for Greece: Thursday’s Eurogroup must take the decisions necessary to ensure a successful conclusion of the ESM programme. So it’s a good time to recall some key developments of these past few years,” European Commissioner for Economic and Financial Affairs Pierre Moscovici said in a Twitter post on Tuesday.
The Greek economy and Greece’s role in the Balkans dominated a meeting between European Commission President Jean-Claude Juncker and the president of the Greek opposition Movement of Change party Fofi Gennimata on Tuesday in Brussels.
Organisation for Economic Cooperation and Development (OECD) Secretary General Angel Gurria expressed his support on Tuesday for the substantial relief of Greece’s debt.
“This is a vital week for Greece: Thursday’s Eurogroup must take the decisions necessary to ensure a successful conclusion of the ESM programme. So it’s a good time to recall some key developments of these past few years,” European Commissioner for Economic and Financial Affairs Pierre Moscovici said in a Twitter post on Tuesday.