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Search Results for: dijsselbloem

EU has chosen Bulgarian Kristalina Georgieva to run the IMF

The European Union has nominated World Bank Chief Executive Officer Kristalina Georgieva as the candidate to replace Christine Lagarde as the Managing Director of the International Monetary Fund. Congratulations @KGeorgieva for being selected as European candidate to lead the IMF. In the face on rising global tensions, it is imperative …

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Tsakalotos among candidates to replace Lagarde at IMF

A leftist economist in the chair of the International Monetary Fund that surpresses and rains the poor and imposes strict austerity measures? Former SYRIZA finance minister Euclid Tsakalotos is listed among the candidates to replace Christine Lagarde as Managing Director at the International Monetary Fund. As Lagarde is to leave …

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Eurogroup chief Centeno sees “enormous potential” in Greece, does’t exclude “possible debt relief measures”

“Greece has gone through a very long period of economic adjustment and is now preparing to stand on its own feet as the program is approaching its expiration in August,” Eurogroup President Mario Centeno told the Athens-Macedonian News Agency (ANA) in an interview on Tuesday, noting he sees “enormous potential” …

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The little Caesar of EWG, Thomas Wieser: Only SYRIZA really embraced bailout reforms

He couldn’t help and couldn’t hide his political schadenfreude over the left-wing government of Greece. The man who rejected any early attempt by SYRIZA for relaxed austerity measures, the outgoing chairman of the non-institutional Euro Working Group that has exercised his full non-authorized power to raise or drawn Greece,  the …

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Portugal’s socialist Mario Centeno wins Eurogroup Presidency

Portugal’s Finance Minister, socialist Mario Centeno won the Eurogroup presidency in two rounds of voting in Brussels Monday afternoon! The Latvian and Slovak finance ministers dropped out after the first round. Centeno won in a head to head against Luxemburg’s Pierre Gramegna. 51-year-old Mario Centeno is an economist and academic  …

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Eurogroup says farewell to Schaeuble, first time Greece not on the agenda

It was the first Eurogroup meeting without Greece being on the agenda and the last Eurogroup meeting for outgoing German finance Minister Wolfgang Schaeuble. End of an era. End of the Schaeuble era. His colleagues paid tribute to the longest serving member. They signed on an European Union flag and …

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A Eurogroup without whining about a Greek ‘something’ is half the joy…

As if we did not have enough trouble with the oil spill, a long-time-not-seen Eurogroup meeting took place in Tallinn, Estonia, today. Greece’s lenders came together to catch up with the struggling country. Top on the agenda was the implementation of the Greek program and the third review. Eurogroup head …

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Solution at Eurogroup? Only with Le Maire’s lucky amulet and Greek Gods’ help

When logic does not help, desperate people turn to superstition. French fiance minister Bruno Le Maire brought a groundbreaking proposal to Athens, a proposal aiming to break the deadlock between Germany and the International Monetary Fund on the Greek debt relief issue. However, Le Maire’s plan is “too complex” and …

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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 …

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