Eurogroup

Editorial: Framing the obvious course of action as a triumph

Albeit at the last minute, eurozone countries managed to strike a compromise on an economic package to handle the enormous repercussions of the coronavirus pandemic.

In a previous editorial we had underlined that there was no other choice unless member-states want the breakup of the eurozone.

Eurogroup grants Athens fiscal flexibility

Greece has secured full fiscal flexibility in the battle to ease the blow to its economy from the coronavirus outbreak as the Eurogroup conference call that Finance Minister Christos Staikouras (right) participated in on Monday decided to allow all eurozone member-states to take every necessary measure to tackle this growing emergency.

Coronavirus impact on eurozone economy to be temporary, Centeno says

The head of the Eurogroup Mario Centeno said on Monday he expected the impact of the coronavirus outbreak on the eurozone economy to be temporary.
"We expect it to be a temporary effect," Centeno told reporters in Brussels, adding that the EU should carefully assess developments also for the long-term. [Reuters]

Talks on primary surplus target revision to start in year’s first half

Finance Minister Christos Staikouras presented the government's priorities for 2020 at Monday's Eurogroup meeting in Brussels, mentioning Athens' request for a primary surplus reduction for 2021 and 2022, an issue eurozone sources say will start being debated in the year's first half.

Primary surplus target revision to start in year’s first half

Finance Minister Christos Staikouras presented the government's priorities for 2020 at Monday's Eurogroup meeting in Brussels, mentioning Athens' request for a primary surplus reduction for 2021 and 2022, an issue eurozone sources say will start being debated in the year's first half.

Enhanced surveillance report seen paving the way for disbursement of 767 mln euros

Greece's fourth post-bailout assessment by the European Commission, which was published Wednesday, is seen as paving the way for the disbursement of 767 million euros in eurozone central banks' profits from Greek bond holdings (SMPs and ANFAs).

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