Moscovici expects second bailout review to conclude in fall

13 September 2016
62 Views

The completion of the second bailout program review as soon as possible, within fall of 2016, is the joint goal of Greek authorities and the country’s creditors, argued the European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici.

Mr. Moscovici made the clarification in response to a question posed by the Vice President of European Parliament and SYRIZA MEP Dimitris Papadimoulis on the second bailout review and debt relief measures to be taken, based on the recent Eurogroup decision.

Furthermore, Mr. Moscovici explained that the European Commission will provide the necessary technical support to complete the review on time and that the European Stability Mechanism is currently working to improve Greece’s debt repayment profile and reduce the interest rate risk.

You may be interested

Putin says he is not ready to leave the Russian presidency
POLITICS
shares42 views
POLITICS
shares42 views

Putin says he is not ready to leave the Russian presidency

Panos - Jul 25, 2017

Russian President Vladimir Putin said Friday that he might decide to stay in office for life. Putin stated on Friday…

Olympiakos and AEK to start their Champions League campaigns
GREECE
shares40 views
GREECE
shares40 views

Olympiakos and AEK to start their Champions League campaigns

Panos - Jul 25, 2017

Greek champions Olympiakos Piraeus and runners-up AEK Athens enter the Champions League competition tonight in an effort to advance to…

The Ancient Greeks had two different concepts of time — and the second could change how you organize your day
ART
shares50 views
ART
shares50 views

The Ancient Greeks had two different concepts of time — and the second could change how you organize your day

Panos - Jul 25, 2017

If you’ve encountered languages other than the one you grew up with, you’ve likely discovered a word that captures an…

Leave a Comment

Your email address will not be published.