Tagged: review

Bailout review needs a debt agreement, eurozone official says

The second bailout review is unlikely to conclude without an agreement on a Greek debt settlement that would satisfy the International Monetary Fund, a senior eurozone official said on Friday. However, he added that, despite the expected difficulties, he was optimistic that a deal could be reached within 2016. “I am convinced it is possible […]

Constitutional review dialogue committee sparks controversy

The members of the Dialogue Committee on Constitutional Review were announced by the government on Thursday, with the opposition parties raising objections. New Democracy spoke of “diversion tactics” and underlined that the Constitution is in need of a review, however the process must begin and end in Parliament. The main opposition party accused the government […]

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 […]

Koumoutsakos: “The Constitutional review process is a parody”

The spokesperson for New Democracy Giorgos Koumoutsakos dubbed the government’s procedures for the Constitutional review a ‘parody’ and accused the Prime Minister of using the process to distract the Greek people from ‘the real problems’. In an interview for the Praktorio radio station, Mr. Koumoutsakos admitted that the Constitutional review is necessary and urgent, but […]

CoE delegation in Cyprus to review EU charter implementation

A delegation of the Congress of Local and Regional Authorities of the Council of Europe (CoE), will conduct a monitoring visit to Cyprus April 5-7. The rapporteurs Bernd Voehringer and Randi Mondorf will assess the implementation of the European Charter of Local Self-Government in the country. The Republic of Cyprus has signed the Charter on […]

Foreign inspectors return to Athens

Inspectors from the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund are expected to return to Athens this week following a break for Catholic Easter to continue their review of Greece’s bailout program. The focus is on ways to cover an estimated fiscal gap of 1 percent of […]

Greek bailout review to be interrupted for Catholic Easter

EU and IMF inspectors assessing Greece’s bailout progress will leave Athens on Sunday and return after Catholic Easter, sources close to the talks said, dashing Greek hopes that the review could be concluded as early as the end of March. Prime Minister Alexis Tsipras wants to wrap up the bailout review swiftly and start talks […]