“Thanks to the sacrifices and endurance of its people and the determination of the authorities, Greece is today closing a difficult chapter in its long and proud history,” Economy Commissioner Paolo Gentiloni said today, announcing the country’s exit from enhanced supervision . “The country is exiting the regime of enhanced supervision, after four years, having […]
Tag: Paolo Gentiloni
Gentiloni: The possibility of making the Recovery Fund permanent is open
European Economic Commissioner Paolo Gentiloni left open the possibility that the Commission would create permanent fiscal tools after the expiry of the Recovery and Resilience Mechanism. “The successful implementation of the Recovery and Resilience Mechanism is of vital importance for the restart of the European economy and for any future discussion regarding the creation of […]
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 […]
Paolo Gentiloni: After the summer the new Stability Pact
EU Economic Affairs Commissioner Paolo Gentiloni is aiming to unveil a new post-summer stability pact for the eurozone, adding that the new rules are likely to set country-by-country debt targets, according to Reuters. Speaking at an event in Italy, Gentiloni said the commission wanted to make lending limits “less vague and strict”. Gentiloni also stressed […]
P. Gentiloni: ‘Greece’s exit from the enhanced surveillance regime is very important’
“Athens’ exit from the regime of enhanced supervision is, from a political point of view, a very important result, both for Athens and for Brussels,” European Commissioner for Economic and Monetary Affairs Paolo Gentiloni told the Athens Macedonian Agency. “This is a result due to the efforts of the citizens and the excellent cooperation of […]
Gentiloni: EU summit will not decide on gas price cap on Monday
European leaders, meeting in Brussels on Monday and Tuesday for an EU summit, will not decide on a gas price cap, but could instruct the Commission to look into the matter, he said. Commissioner for Economy. “If this is agreed between the member states, the Commission will act very quickly to analyze this possibility,” Paolo […]
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 […]
Gentiloni message to Greece and member states with high debt: ‘Be very careful’
The need for Greece and all member states with high debt to be “very careful” in reducing and limiting nationally funded current expenditures, stressed today the Commissioner of Economy, Paolo Gentiloni. “In general, I can say that Greece and all Member States with high debt should be very careful in reducing the level of debt […]
Gentiloni: Europe’s energy autonomy requires common financial tools
Speaking on Italian public television Rai, European Commissioner for Economic and Monetary Affairs Paolo Gentiloni referred to the consequences of the war in Ukraine, emphasizing the energy chapter and additional tools that Europe must acquire. Referring to the sanctions against Moscow, Commissioner Gentiloni stressed that “new possibilities are on the table, such as measures related […]