LAST UPDATE 13:00 By Tasos Dasopoulos Greek debt is sustainable. It has many positive features. This will be based on the discussion that has begun about the exit of Greece from enhanced supervision, This was emphasized – among other things – by the Commissioner for Economic Affairs, Paolo Gentiloni in his speech at the 7th […]
Tag: Paolo Gentiloni
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 […]
Gentiloni: We are all shocked by the war crimes in Bhutan and around Kyiv
“We are all shocked by the war crimes we have seen in Bhutan and the area around Kyiv. This will strengthen our response and our determination to support Ukraine,” said Economy Minister Paolo Gentiloni, who is attending a Eurogroup meeting today. in Luxembourg. Asked if the EU was ready to take action to hit Russian […]
Gentiloni: In a few weeks the debate on the issuance of a Eurobond
The European Union (EU) will discuss in a few weeks whether it needs to borrow money together to meet the challenges posed by the Russian invasion of Ukraine, European Finance Commissioner Paolo Gentiloni told Reuters today. In particular, speaking at the University of Oxford, P. Gentiloni confirmed that “such proposals have been submitted in recent […]
Gentiloni: Only a strong common response will reduce the effects of war on the European economy
The belief that only a “strong common response” will reduce the effects of the war on the European economy was expressed by the Commissioner for Economy, Paolo Gentiloni, coming to the Eurogroup that is meeting today in Brussels. Paolo Gentiloni estimated that the impact of the war on the European economy would be “substantial”, but […]
Gentiloni: In favor of a wartime development policy to avoid the risk of stagnant inflation
A “wartime development policy” with new “common tools” to help the EU avoid the “risk of stagnant inflation ahead of us,” said Economic Commissioner Paolo Gentiloni. In an interview with the French newspaper Le Monde and answering the question whether the EU needs to proceed with further sanctions against Russia, including the cessation of the […]
P. Gentiloni (EU): ‘Strong growth of uncertainty’ around the European economy
European Union Economic Affairs Commissioner Paolo Gentiloni warned today that Russia’s action in Ukraine would “strongly” increase uncertainty over the economic situation in Europe. “Violation of international law through Russia’s recognition of two regions that have seceded from Ukraine will lead to a sharp increase in this uncertainty,” the commissioner said in a teleconference speech. […]
Operation ‘fiscal stability’ for the Ministry of Finance
By Tasos Dasopoulos The signal that 2022 will be the year in which Greece will prove that the increase in debt and deficits in the two years 2020-2021 was a result of the coronavirus crisis and not fiscal easing, wants to give for the next period the Ministry of Finance. The discussions that took place […]
Mandate for support measures with ‘measure’ by Eurogroup
By Tasos Dasopoulos Eurozone finance ministers agreed yesterday to phase out support for European economies in the two years 2020-2021, after the common finding that the recovery of the Eurozone is faster than expected. The President of the Eurogroup Mr. Pascal Donahue, gave the slogan in the standard interview after the council. He stressed that […]
The pan-European ‘debt’ battle begins
By Tasos Dasopoulos The European “Southern” camp seems to have won at least one of the institutions, which will have a say in proposing changes to the Stability Pact around the middle of the year. In an interview with a German newspaper, Finance Commissioner Paolo Gentiloni gave an idea of ​​what he would propose regarding […]