Thursday , October 19 2017
Home / Tag Archives: proposal

Tag Archives: proposal

French FinMin Le Maire in Athens with a Debt Proposal the IFM and Berlin tend to reject

French Finance Minister Bruno Le Maire expressed optimism Greece and creditors are not far away from the agreement. “The next two days will pave the way for an agreement at the Eurogroup” on June 15, Le Maire told reporters after a meeting with his Greek counterpart Euclid Tsakalotos in Athens …

Read More »

Commission’s vision for Eurozone integration: a Finance Minister, a Fund and “eurobonds”

The European Commission presented on Wednesday (31 May) its proposal to “move forward” on eurozone integration with a treasury, a finance minister and several instruments to make the financial sector less vulnerable to crises. incl the issuing  of “eurobonds” that are proposed as “safe asset”. The Commission document calls on …

Read More »

Dijsselbloem calls on end of Troika, ESM to be turned into a European IMF

Head of Eurogroup, Jeroen Dijsselbloem decided to launch a revolution. In an interview to a German conservative newspaper, he called on the end of the EU Troika and the mutation of the European Stability fund into a European IMF. Behind Dijsselbloem’s proposal stands the powerful German Finance Minister Wolfgang Schaeuble …

Read More »

Gov’t & opposition leaders agree: Juncker’s revised proposal + 5 Greek changes to be basis for new negotiations

“The revised proposal of European Commission President Jean-Claude Juncker from June 27/28 plus five changes added by the Greek government will be the basis for the new negotiations between Greece and creditors,” after the Sunday’s Referendum. This was reportedly decided at the Political Leaders Council under President Pavlopoulos on Monday. …

Read More »

Greek gov’t to table proposal for inquiry into Loan Agreements (MoUs)

Left-wing SYRIZA tabling Tuesday evening a proposal for the establishment of a Parliament committee assigned to investigate the laon agreements (Memorandum of Undestanding) between previoous Greek governments and the country’s lenders IMF, EU and ECB. The inquiry will investigate the time periods October 2009 -May 2010 (Papandreou gov’t, 1. loan …

Read More »

German Bundesbank: “Capital Levy” on citizens to avoid government bankruptcies

Germany’s Bundesbank said on Monday that countries about to go bankrupt should draw on the private wealth of their citizens through a one-off capital levy before asking other states for help. “(A capital levy) corresponds to the principle of national responsibility, according to which tax payers are responsible for their …

Read More »

EU commissioner calls for the Troika to be abolished

Justice Commissioner Viviane Reding called on Tuesday for the “troika” of the European Commission, the European Central Bank and the International Monetary Fund (IMF) to be dissolved, Reuters reported. “The time of the troika is over,” Reding said in a text of the main messages she gave at a citizens΄ …

Read More »

Nea Dimocratia MP supports cooperation with Golden Dawn

Vyron Polydoras, lawmaker of Samaras’ Nea Dimocratia, made a surprised statement on Monday. Speaking to private Real FM, Polydoras said that Nd should open the door to Golden Dawn. Asked by Real FM reporter whether ND should cooperate with Golden Dawn, Polydoras replied: “Certainly. We demonstrate sensitivity towards Golden Dawn …

Read More »

Van Rompuys’ Proposal on EU Budget

A copy of latest proposal for the EU budget had been obtained by Open Europe Blog. European Council President Herman Van Rompuy proposes that the headline spending figure remains broadly unchanged in the new proposal, standing at €1,014bn (a €4bn increase), but more cash is spent on farm subsidies and structural funds, in …

Read More »