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Tag Archives: European Commission

EU cuts Greece growth forecast, blames the country for review delay

The European Union has sharply cut the growth forecast for Greece on Thursday, sparking worries that the long delay in the second review of the third bailout program was damaging the economy. European lenders are in a row the International Monetary Fund over the sustainability of the Greek debt. The …

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IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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EU Commission confirms Greece’s primary surplus 2016 well above target

Greece’s primary surplus was 4.2 percent of gross domestic product (GDP) last year, significantly above the target set for Athens under its bailout program, the European Commission said on Monday. “The mission is returning to Athens today with the objective of concluding a sub-level agreement as soon as possible on …

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EU Commission found THE solution: Migrants will remain on Greek islands “as much as possible”

Fianlly! The European Commission found a solution for the Migration crisis in Greece and the Greek islands. During a press conference on Tuesday, the EC coordinating spokesperson, Natasha Bertaud, revealed the well-hidden plans: EU Commission spo Bertaud says migrants will remain on islands "as much as possible" #Greece #Lesvos pic.twitter.com/Vtj2MsxeKK …

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Putin criticizes EU & EC, one day before his visit to Greece

One day before his visit to Greece, Russian President Vladimir Putin shared his thoughts about Greek-Russian relations and sharply criticized Europe and the European Commission. In an open letter sent to daily Kathimerini, Putin also expressed strong interest in Privatizations, especially in TRAINOSE and the Port of Thessaloniki. Hailing Greece …

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EU prepares new Border Guards force that will intervene without an EU-state consent

The European Union is determined to end “national sovereignty” in order to “protect” Europe from refugees and migrants. In order to achieve this, Brussels’ bureaucrats following Brussels’ politicians’ instructions prepared an extraordinary proposal, according to which a new border & coastguard agency will be established with extended powers like to …

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European Commission sends Greece a list with 13 “prior actions”

Curious about the second set of “prior actions” that Greece’s creditors demand that Athens pushes through the Parliament by mid-December in order to receive one billion euro bailout disbursement? Here they are as published by the Euro Working Group and the European Commission. They are called “Milestones”. ” a committee …

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