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EU leaders compromise on vague conclusions and “controlled migration centers”

June 29, 2018 Greece, Politics, World Comments Off on EU leaders compromise on vague conclusions and “controlled migration centers”

After a long sleepless night and a session that lasted approximately 14 hours, the 28 European Union leaders managed to reach a compromise and agreed to adopt the conclusions on the hot potato that is called: Migration. The rift within the EU on the issue is bigger than ever before …

IMF approves in principle participation in Greek program without financing

June 8, 2017 Economy Comments Off on IMF approves in principle participation in Greek program without financing

The International Monetary Fund approves in principle participation in Greek program without financing, the Fund’s spokesman Gerry Rice said on Thursday. According to the Greek correspondents in Washington, “the IMF present approval of Greek program without financing until debt easing has been granted as a way of putting pressure on …

Lagarde gives Schaeuble time to delay Greek debt relief decisions until 2018

June 6, 2017 Economy 1

Managing director of the International Monetary Fund, Christine Lagarde, paved the way for a potential compromise at the next Eurogroup meeting on the Greek debt crisis. In an exclusive interview with German economic newspaper Handelsblatt, she said the IMF is willing to participate in a Greek bailout and give European …

Schaeuble, IMF close to compromise that will delay decisions on Greece debt relief

May 25, 2017 Economy 3

German finance minister Wolfgang Schaeuble and the International Monetary Fund have reportedly found a solution to the Greek debt relief problem. The solution can be described in one single word: DELAY. According to German Handelsblatt, several unnamed sources said that Berlin and the IMF are very close to a solution …

Moscovici promises Greece “lighter austerity measures”

February 16, 2017 Economy Comments Off on Moscovici promises Greece “lighter austerity measures”

EU Commissioner for Economic and Monetary Affairs, Pierre Moscovici, paid a short visit to Athens on Wednesday. Moscovici came to Athens to receive the title of Honorary Doctor from the Athens University. However, he used the opportunity for a meeting with Greek Prime Minister Alexis Tsipras. “Greek agreement is necessary …

Greece sets one condition, while seeking compromise with creditors and IMF

December 17, 2016 Economy, Politics 8

It looks as if the talks of Greek Prime Minister Alexis Tsipras with French President Francois Hollande and German Chancellor Angela Merkel did not bring the expected results. That is that the International Monetary Fund stays out of the Greek program. A day after the Tsipras-Merkel talks in Berlin, the …

IMF & Schaeuble prepare a rotten “compromise” on the back of Greece

December 2, 2016 Economy 12

The International Monetary Fund remains firm as firm as the German Finance Minister Wolfgang Schaeuble who has the upper hand when it comes to agreements about Greece. And for the time being it looks as if the IMF, and the European creditors, ESM incl., prepare a s0-called ‘compromise” solution on …

IMF admits it had to reach a compromise at Eurogroup to “save” Greece

May 25, 2016 Economy 1

Did they agree or not? The International Monetary Fund and the Eurogroup? Rather not. Or even better: They compromised and agreed to push the problem in the future. Washington correspondent of Greek state broadcaster ERT, Lena Argiri, spoke with an IMF official who said “key problem yesterday was that EU …

Varoufakis: “Anything better than confining us to an austerity hole, where we shrink every day”

February 26, 2015 Economy 1

In an interview to Irish Times, Finance Minister Yanis Varoufakis spoke about the agreement Greece reached at the Eurogroup meeting last week and the ways the indebted-country has to come out of austerity. Below some excerpts: “The deal managed to separate Greece’s loan agreement with its creditors from the memorandum …

EU approves cultivation of genetically modified (GM) crops for our table

June 2, 2014 Very Mix Comments Off on EU approves cultivation of genetically modified (GM) crops for our table

Last week, EU member states reached a compromise to allow the cultivation of genetically modified (GM) food crops. The compromise give the member states the rights to refuse GM corps on their territories, even if they have got clearance on health and safety grounds at EU level. Under the proposal, …