Tag Archives: Moscovici

EU Finance Commissioner Pierre Moscovici has described as “socially brutal” the austerity policy implemented in Greece during the bailout agreements. However, he blamed the economic crisis for the austerity and not the other way around. “It was not the austerity and politics of the troika that made the people suffered, …

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Οutgoing European Commissioner for Financial Affairs, Pierre Moscovici, expressed his confidence that the fiscal gap for 2020 would be reduced and this will open the way for the disbursement of SMP-ANFAs form the European banks profits. The Greek government proposal to allocate these funds for investment is being considered, he …

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EU Commissioner, Pierre Moscovici, surprised Greeks when when he said that some of the primary surpluses demanded from the country were “too high.” The Commissioner for EU financial Affairs was addressing members of the Greek Parliament on Thursday when he said that some of the primary surpluses demanded from the …

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Italy’s far-right Deputy Prime Minister Matteo Salvini and French populist Marie LePen met in Rome on Monday to seal a unholy alliance: they declared that they are the anti-establishment movement within the European Union. Salvini slammed the European Union for budget restrictions and austerity, the migration crisis as well as …

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Greece’s prime minister, Alexis Tsipras, and main opposition leader, Kyriakos Mitsotakis from conservative New Democracy, exchanged “French” for the sake of  homme fatal, the EU Commissioner, Pierre Moscovici, during a Plenary debate about Greek economy  on Thursday. Reason for the verbal  duel between the prime minister and the main opposition …

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EU Commissioner for Economic and Financial Affairs, Pierre Moscovici, said that Greece firmly stands by its own feet after the Eurogroup decision on June 21 and that the post-bailout surveillance will help the country to return to the markets. During his 2-day visit in Greece, Moscovici delivered a speech at …

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One after the other, the heavy weights of the Eurozone took the floor after the extensive and exhausting 9-hour Eurogroup meeting on Thursday. They started to congratulate each other and praise the deal they reached with Greece. In fact, they did not reach any deal that normally occurs after lengthy …

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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 …

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Lots of wishes but no substantial results or even a breakthrough. The Eurogroup on Thursday discussed “Greece” but as the was no debt agreement between Germany and the International Monetary Fund in the Washington group meeting that preceded the European, the eurozone ministers wish Greece good luck and turned to …

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“The goal is to have a comprehensive agreement for Greece’s exit from the programme at the Eurogroup meeting in June, Eurogroup President Mario Centeno said on Friday after an informal meeting of euro area finance ministers in Sofia. Speaking to reporters, the Eurogroup’s President said that the heads of the …

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The IMF and World Bank Spring Meeting have put an end to speculation about a possible extension of Greece’s third financial assistance programme, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday in an interview with Agence Europe. The French Commissioner said he was in favor of …

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“No more memoranda for Greece,” European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici said in an interview with the European Progressive Forum. “Greece will become, in economic terms, a normal European country once again.” Moscovisi stressed adding however, that “Greece’s economic policies will be monitored through the …

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The Eurogroup most obviously returned to blackmail policy after it officially admitted Greece has met 108 out of 110 prior actions. It froze the disbursement of 5.7 billion euros at the meeting on Monday. Furthermore, the finance ministers of the eurozone got to know the hidden personality side of Euclid …

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Managing Director of International Monetary fund and European Union Monetary Affairs Commissioner Pierre Moscovici congratulated Greek Prime Minister Alexis Tsipras on the reforms in Greece. The Greek prime minister met the two officials in separate meetings on the margins of the World Economic Forum in Davos on Thursday. Greke media …

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The European Commission unveiled its vision of a rebooted eurozone, including the creation of a European version of the IMF. The European Monetary Fund should be created by 2019. The European Commission unveiled its vision of a rebooted eurozone on Wednesday, including the creation of a European version of the …

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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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European Commissioner for Monetary and Financial  Affairs Pierre Moscovici described  the Greek program of fiscal adjustment as a ‘democratic scandal’. In an interview to Italian newspaper Corriere dela Sera, Pierre Moscovici replied to a journalist question: “Why do you say that the program for Greece is a “democratic scandal”? “It …

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EU Commissioner Pierre Moscovici confuses the dramatic sacrifices the Greek were enforced to make with lenders’ austerity measures. “Let’s continue the good work,” Moscovici cheered while visiting Athens on this warm July Tuesday inside his bubble made in Brussels. “Now is the time to plan the successful conclusion of the …

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The European Commission will recommend that Greece is removed from the excessive deficit procedure (EDP), European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Wednesday. Moscovici, amongst Athens’ most vocal supporters on the European stage, referred to impressive efforts to keep deficits down and post memorandum-mandated primary budget …

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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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