Greece
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Pierre Moscovici

EU Commission Recommends Greece Removal From Deficit Blacklist

The European Commission on Wednesday recommended closing the Excessive Deficit Procedure for Greece, saying the three times bailed-out country has made substantial efforts in recent years to consolidate public finances. EU rules demand that governments keep their budget deficits within...

Moscovici on Debt Relief Program: Greece’s Creditors 'Shouldn’t Play With Fire’

EU Economic and Financial Affairs Commissioner Pierre Moscovici said on Thursday that Greece's European creditors "shouldn't play with fire" in regards to the country's debt relief program, according to Reuters. The statement came after Athens pleaded its case to its lenders...

Deciding on Greece’s Fate Behind Closed Doors Cannot Continue, Says Moscovici

Deciding on Greece behind closed doors and without accountability cannot continue forever, Economic Affairs Commissioner Pierre Moscovici said on Thursday, speaking at the Brussels Economic Forum and called for more democracy and transparency in the decision-making process of the...

Moscovici Urges Lenders to Agree on Comprehensive Deal for Greece

European commissioner in charge of Economic and Financial Affairs Pierre Moscovici called on Greece’s lenders to agree on a comprehensive deal for the country, in a statement to the Athens-Macedonian News Agency on Friday. “I am aware how difficult it...

Moscovici, Sapin See Solution for Greece's Debt Before May Eurogroup

The ball is now in the court of Greece's European partners, who have to keep their side of the bargain regarding debt relief, French Finance Minister Michel Sapin said on Friday, in a statement from the G7 Finance Ministers'...

Moscovici Confirms Greece's Return to Growth in 2017

European Commissioner for Economic Affairs Pierre Moscovici expressed the hope that the agreement to be reached at the next Eurogroup will be as "broad" as possible and will include the issue of the Greek debt. "I hope and I am...

Moscovici: Macron will be Greece’s Ally

French presidential candidate Emmanuel Macron will support Greece and be Athens’ ally if he is elected, European Commissioner for Economic and Financial Affairs, Pierre Moscovici told the Athens-Macedonian News Agency in an exclusive statement, one day before the second...

Moscovici: The Agreement Opens the Way for Swift Conclusion of Second Program Review

The agreement paves the way for the swift conclusion of the second program review, EU Commissioner for Economic and Financial Affairs, Taxations and Customs Pierre Moscovici said on Tuesday adding that the debt issue needs to be considered in...

Moscovici: Greece Has Implemented Reforms in Three Years Which Should Have Been Made Over Past 15 Years

Greece has implemented in the last three years structural reforms that should have been implemented in the last 15 years, EU Commissioner for Economic and Financial Affairs Pierre Moscovici said on Wednesday, speaking at a Belgian university on the...

Europe-IMF Still Disagree on Greek Debt Relief Measures, Primary Surpluses

European creditors and the International Monetary Fund are still in disagreement over debt relief measures for Greece, as time is running out for the completion of the bailout program evaluation. The IMF Spring Meetings in Washington did not go as...