Greece

Mário Centeno

EU Looks at 'Enhanced Surveillance' for Post-Bailout Greece

The president of the Eurogroup, Mario Centeno, has revealed that the European institutions are working on an "enhanced surveillance" tool for Greece after the country exits the bailout program in August 2018. In a letter addressed to EU finance ministers,...

Eurogroup Chief: Greece Needs to Take Ownership of Reforms

Eurogroup President Mario Centeno called on Greece to stick to economic reforms and avoid sliding back to policies that will not help the country emerge from the crisis. "Greece needs to take full ownership of the reform program," Centeno said,...

EU's Centeno: Deal on Greek Debt Restructuring 'Close'

Greek debt relief is still in discussion between the European Union and the IMF, but Greece's creditors are not considering an extension of the bailout program. The talks are taking place during the IMF and World Bank Spring Meetings in...

Eurogroup Green-Lights €5.7B for Greece

Greece is closer to receiving €5.7 billion ($7 billion) of European loans as the Eurogroup Working Group (EWG) on Friday approved the latest disbursement. EWG head, Mario Centeno, confirmed his organization had ticked off the prior actions required by Greece...

New Eurogroup Chief: Debt Relief for Greece Only After Completion of Program

Greece needs to fully complete its current bailout program before the country receives any relief on its huge debt pile, the new Eurogroup president told CNBC. Speaking to CNBC in an exclusive interview, Mario Centeno, the incoming chief of the...

Portugal’s Centeno Elected new Chief of Eurogroup

Portuguese Finance Minister Mario Centeno has been elected the new head of the so-called eurogroup, the body made up of the single currency bloc's finance ministers. In a tweet following the election, the European Union said he had been elected...

Four Candidates Compete to Lead Eurogroup in post-Dijsselbloem Era

Eurozone finance ministers pick the replacement for Eurogroup chief Jeroen Dijsselbloem on Monday (4 December), with four countries; led by Portugal, battling for the challenge of guiding the eurozone currency bloc through much needed reforms. Finance ministers from Latvia, Luxembourg,...