By Tasos Dasopoulos Countries with very high debt should maintain a prudent fiscal policy, reiterated the head of the European Stability Mechanism (ESM), Klaus Regling, who otherwise had only good words to say about Greece’s progress. Speaking at the Economist conference and looking back on the 10 years he has been in contact with the […]
Tag: Klaus Regling
The challenges after the end of enhanced supervision
By Tasos Dasopoulos The positive news of the end of the enhanced surveillance for Greece and the acceptance of Croatia’s accession to the euro were left yesterday by the representatives of the institutions that participated in the Eurogroup in Luxembourg, avoiding the two difficult issues that will be discussed after the Commission’s vacation. September. The […]
Regling: Greece’s exit from the enhanced surveillance regime is a historic milestone
The return of the Greek economy to normal, with the end of the enhanced supervision process on August 20, was welcomed today by the President of the Eurogroup, Pascal Donahue, the Commissioner for Economy, Paolo Gentiloni and the head of the European Stability Mechanism, Klaug R. During a press conference in Luxembourg, the President of […]
Regling: I am not worried that the rise in interest rates will affect Greece ‘
The return of the Greek economy to normal, with the end of the enhanced supervision process on August 20, was welcomed today by the President of the Eurogroup, Pascal Donahue, the Commissioner for Economy, Paolo Gentiloni and the head of the European Stability Mechanism, Klaug R. During a press conference in Luxembourg, the President of […]
ESM: In the final stretch the emergence of the successor of Klaus Regling
The European Stability Mechanism (ESM) is entering the final stretch for its new leadership. The new CEO will be appointed in mid-June, by a qualified majority of the ESM Board of Directors (80% of the vote). He is expected to take office in October, when the second five-year term of the current CEO, Klaus Regling, […]
Gentiloni: Extension of escape clause leaves room for fiscal policy to react to pressure
Eurogroup President Pascal Donahue and European Economic Commissioner Paolo Gentiloni warned of serious dangers from the war in Ukraine at a news conference after the Eurogroup meeting. “It is clear that the impact of the war is global and the consequences are very serious, especially for the most vulnerable in our societies,” said the president […]
Gentiloni: Extension of escape clause leaves room for fiscal policy to react to pressures
Eurogroup President Pascal Donahue and European Economic Commissioner Paolo Gentiloni warned of serious dangers from the war in Ukraine at a news conference after the Eurogroup meeting. “It is clear that the impact of the war is global and the consequences are very serious, especially for the most vulnerable in our societies,” said the president […]
Klaus Regling: Greek debt is sustainable
The course of the Greek debt and the peculiarities that make it sustainable were analyzed at the 7th Delphi Economic Forum, which takes place in Delphi on April 6-9 and is under the auspices of SA. of the President of the Republic, Mrs. Katerina Sakellaropoulou. “Greek debt is sustainable. Its structure is better than other […]
Staikura Regling: Fiscal prudence and reforms will bring investment tier
By Tasos Dasopoulos The continuation of a prudent fiscal policy and the implementation of reforms are the keys to the recovery of the investment level from Greece, stressed today after his meeting with the Minister of Finance Christos Staikouras, the head of ESM Klaus Regling. Mr. Regling stressed that fiscal adjustment and reforms, in addition […]
Donahue-Gentiloni: Growth slows due to war, not recession
LAST UPDATE 21:40 The growth rate of European economies will slow down this year due to the war in Ukraine, warned the President of the Eurogroup, Pascal Donahue, although he noted that “we continue to see positive growth rates in 2022 for many economies.” “Economic growth will slow this year – this is due to […]