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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek PoliticsThe European Stability Mechanism’s board of directors approved on Friday the 8.5-billion-euro... be released. A meeting of the ESM’s board of governors on Wednesday did not result in the green light... be given at Friday’s meeting of the ESM’s board of directors as Athens would take care
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Athens walks tightrope as Trump rattles transatlantic ties
PoliticsForeign Policyit supports strong trade counter-measures should diplomacy fail. Board of Peace Meanwhile, Trump is pressing European capitals to endorse his proposed “Board of Peace” — a body ostensibly designed... that suggest the Board’s remit exceeds the boundaries of Resolution 2803/2025, which secured the Gaza
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicson the issue, although European Central Bank executive board member Joerg Asmussen said recently... words across-the-board reductions to pensions or civil servants' wages. “When the Greek government says.... But we are ruling out across-the-board cuts in wages and pensions," she said in Washington earlier
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammebeen approved by other eurozone parliaments and the ESM board. This will be used to repay last month... with pension reform, are the two key issues which are preventing the IMF coming on board at the moment. The Eurogroup said it expected the Fund’s executive board would agree to release further funding
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Passing of broadcasting bill introduces new challenges for coalition
PoliticsGreek Politicsthat Pappas, in conjunction with the board of the broadcasting watchdog – the National Council..., the government’s problems will be of a more practical nature. It will have to install a new board at ESR as most members’ terms have expired. To do this, though, the proposed board has to be approved
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Doubts over IMF role in Greek bailout becoming source of rising tension
PoliticsGreek Politicsthat the coalition is wary of the IMF coming on board and may prefer it to walk away from the latest rescue.... The IMF has also made it clear that it will not come on board unless debt relief measures are agreed... and indicated the reason that Athens does not want to go out of its way to keep the IMF on board
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicson the creation of a new privatisation fund, with lenders expecting the supervisory board to be appointed... automatic cuts across the board once the programme is found to be off track may be adopted. Athens... to stay on board. It was also made clear that any relief measures would be phased in, thereby keeping
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeHoldings including the state-controlled companies. The Supervisory Board of HCAP comprises of five... appointed by the EC and the ESM with the assent of the Greek Finance Minister. In addition, the Board of Directors of HCAP comprises of 5-7 members appointed by the Supervisory Board. Half of the HCAP
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A Eurogroup deal that might be hard to stomach
Agora. Tsipras also seems stuck with the IMF, which may now stay on board even though the Greek prime... year and the IMF has committed that it will go to its board with a recommendation to participate... a recommendation to the board for IMF participation with some short-term debt management solutions that fall way
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First review completed but more prior actions lie ahead for Greece
EconomyProgramme) The government should appoint the members of the independent revenue agency’s Board of Governors. Other 1... by the end of June of the evaluation of banks’ Board of Directors (BoD) members in cooperation... the Eurogroup and the meeting of the European Stability Mechanism (ESM) board due on Friday
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