Moscovici expects second bailout review to conclude in fall

13 September 2016
807 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

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations
GREECE
shares31 views
GREECE
shares31 views

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations

makis - Jul 23, 2021

Prime Minister Kyriakos Mitsotakis cited the Greek Constitution in response to those opposing mandatory Covid-19 vaccination during his meeting with…

Who Has Spent The Most Time In Space? (infographic)
WORLD
shares45 views
WORLD
shares45 views

Who Has Spent The Most Time In Space? (infographic)

Panos - Jul 22, 2021

As Russia celebrates 60 years since Yuri Gagain became the first person to orbit the Earth, the state of space travel looks…

What Do Americans Think Of Famous Billionaires? (infographic)
FINANCE
shares46 views
FINANCE
shares46 views

What Do Americans Think Of Famous Billionaires? (infographic)

Panos - Jul 22, 2021

Hot on the heels of fellow billionaire Richard Branson, Amazon founder Jeff Bezos is set to blast into space. He…

Leave a Comment

Your email address will not be published.