Search Results for: Dijsselbloem
Greece bailout: Eurozone agrees ‘breakthrough’ debt deal
May 25th, 2016
Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a “major breakthrough”. After late-night talks in Brussels, the ministers agreed to unlock 10.3bn euros ($11.5bn; £7.8bn) in ...
Why the Eurozone May Avoid a Greek Crisis This Summer
May 12th, 2016
The move by eurozone finance ministers to set out a path to debt relief for Greece is a clear step forward Whisper it, but this summer might not be marked by a flare-up of the Greek crisis. The move ...
Agreement on the exchange of tax information
March 9th, 2016
EU economic and financial affairs ministers (Ecofin) meeting today in Brussels reached political agreement on the exchange of tax information. The agreement was announced by Dutch finance minister Jeroen Dijsselbloem at a press conference following the meeting. Anti-tax avoidance ...
Cyprus to Exit From Bailout Program
March 8th, 2016
Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said Monday. The island-state’s exit ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
IMF to remain part of bailout program, Greece told
January 15th, 2016
Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the issues that we discussed today and then give the floor ...
Greece Gets Aid Infusion as EU Counts on Tsipras for Reforms
November 25th, 2015
ESM approves payment of 2 billion euros after milestones met EU’s Dombrovskis says bank decisions due within weeks Greece unlocked more of its rescue funds as the euro area called on Prime Minister Alexis Tsipras to maintain his nation’s ...
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
Greece’s turbulent year
September 21st, 2015
Greece’s Alexis Tsipras has said his left-wing Syriza party has a “clear mandate” after winning a second general election in less than nine months. But he said Greeks faced a difficult road and recovery from financial crisis would only ...
Was Greece Always Part Of The Plan?
July 20th, 2015
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes — and speculating that this “fatal flaw” would doom the ...
