By Tasos Dasopoulos Greece received the indirect approval of the Eurozone Council of Finance Ministers today for the termination of the enhanced supervision regime and the completion of the last pending obligations in the obligations undertaken by the country until the autumn. In its joint statement, the Council of Finance Ministers approved in principle the […]
Tag: Enhanced Supervision
Chr. Staikouras: A historic day for Greece – It ceases to be an exception in the Eurozone
“Today is a historic day for Greece. A great national goal is being achieved. The exit of the country from the regime of Enhanced Supervision is underway this summer”, says the Minister of Finance Christos Staikouras on the occasion of today’s decision of the Eurogroup regarding the exit of the country from the Enhanced Surveillance […]
Gentiloni: Commission to propose end to enhanced supervision of Greek economy today
“The European Commission will propose today the end of enhanced surveillance of the Greek economy,” said Economy Commissioner Paolo Gentiloni, attending the Eurogroup meeting in Luxembourg. “This is an important step for Greece,” Gentiloni said. “If our proposal is approved, as I think it will be, it will be an important step in the right […]
Eurogroup: The way is open for Greece to leave the enhanced supervision
The positive for Greece 14th report of enhanced supervision will be welcomed by the Eurogroup, which is meeting today in Luxembourg, while the approval of the penultimate installment, amounting to 748 million euros, for the relief of the public debt of Greece is expected. According to a European official, at the end of August Greece […]
European official: Greece completes its journey to normalcy
“Greece is completing its journey to normalcy,” a European official told reporters in Brussels today ahead of the June 16 Eurogroup meeting in Luxembourg. “Greece has come a long way in the last 12 years and is now on a sustainable path. This is the result of many years of effort and determination and deserves […]
The key importance of the coming Eurogroup for the Greek economy
The coming Thursday, June 16, is characterized as crucial, as on this date the Eurogroup will give the “green light” for the country to leave the regime of enhanced supervision and return to “European normalcy”. The political approval of the exit process from this regime, which is expected to take place on August 21, marks […]
Ch. Staikouras: Greece returns to European normalcy after many successive crises
Greece is returning to European normalcy after many successive crises, said Finance Minister Christos Staikouras, attending the Eurogroup meeting in Brussels. He also noted that the Greek economy is showing “strong resilience and has strong dynamics” referring to the reports of the European Commission and the 14th report of enhanced supervision. In particular, Mr. Staikouras […]
Chr. Staikouras for Commission report: Landmark and closing of a chapter related to the financial crisis
He speaks of a landmark report for the country, which, together with the early repayment of the IMF, launches the closing of a difficult chapter for the country associated with the multi-year economic crisis of the last decade, in a statement on the 14th Enhanced Surveillance Report for Greece, the Minister of Finance Christos Staikouras. […]
Commission: Proposes end to enhanced supervision for Greece and brake on support measures
By Tasos Dasopoulos The end of the Enhanced Surveillance regime for Greece until August 20 is proposed by the European Commission in its report on the 14th post-memorandum assessment of the economy, confirming that Greece has completed or achieved significant progress in the commitments made after the end of the third memorandum. As it is […]
The final report on the exit from the Enhanced Supervision – The remarks
By Tasos Dasopoulos It is now a matter of days before the Commission’s report proposes the payment of a single installment of bond profits after 14the post-memorandum evaluation and – most importantly – the expiration of the enhanced surveillance regime for Greece on 21 August. With the approval of the report by the Eurogroup in […]
