Moscovici expects second bailout review to conclude in fall
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
Sports Tourism: Pakistan’s street cricketers bring game to life in GreecePanos - Jul 19, 2019
In a barren Athens parking lot, young Pakistanis get in position for a game of cricket. On one end of…
Iran seizes foreign tanker, US vows to protect vital Gulf waterwayPanos - Jul 19, 2019
Iran said on Thursday it had seized a foreign tanker smuggling fuel in the Gulf, and the U.S. military commander…
Margaritis Schinas will be the new Greek CommissionerPanos - Jul 19, 2019
The person that the new Greek Prime Minister Kyriakos Mitsotakis will propose for the position of the Greek Commissioner is…