Pierre Moscovici

Brussels outlines post-bailout plan

The European Commission ratified on Wednesday last month's Eurogroup decision on Greece's post-bailout framework, approving the activation of the enhanced surveillance to begin from August 21. Its aim - as opposed to a "clean exit" - is to secure the implementation of reforms from the third program and ensure that Athens sticks to the pledges it has made.

Creditors say Greece will get tough monitoring after bailout

European Commission officials say Greece will still be subject to quarterly inspections from creditors after the bailout program ends in late August.

Greece has already committed to two more years of budget austerity policies after its third consecutive international rescue program is concluded.

Commission confirms adoption of enhanced surveillance framework for Greece

The European Commission confirmed on Wednesday the adoption of an enhanced surveillance framework for Greece once it ends its third bailout program on August 20.

The decision to activate the enhanced surveillance framework facilitates Greece's normalization, building on the progress that has been made, the Commission said in a statement.

Kammenos reiterates call for enhanced majority approval for name deal

The leader of the junior coalition partner Independent Greeks (ANEL) reiterated his intention to seek an increased majority for the approval the name deal with the Former Yugoslav Republic of Macedonia (FYROM) and hit out at New Democracy leader Kyriakos Mitsotakis and vice president Costis Hatzidakis for their criticism of comments made by European Economic and Monetary Affairs Commissioner Pi

Democratic Alliance leader calls for planned pension cuts to be revoked

Democratic Alliance leader Fofi Gennimata on Thursday submitted in Parliament a proposal for legislation that would revoke a scheduled further set of cuts to pensions in January 2019. 

The Communist Party is also submitted an amendment seeking the revocation of the same planned cuts. 

The moves come as party leaders prepare for a debate on post-bailout austerity in Greece. 

Euro officials reject Moscovici's 'flexibility'

Not everyone in the European corridors of power agrees with the "flexible" viewpoint of Commissioner for Economic and Monetary Affairs Pierre Moscovici on Greece meeting its pledges: In interviews on Wednesday the heads of the European Stability Mechanism and the Eurogroup were adamant that Greece must continue on the reform path and not go back on its promises.

Mitsotakis cautions Moscovici on statements about Greece

New Democracy leader Kyriakos Mitsotakis called on European Economic and Monetary Affairs Commissioner Pierre Moscovici to be "more careful" when he makes comments about  Greece's economic prospects, claiming the government's narrative of a "clean exit" from the bailouts in August is a deception.

Moscovici points to possible flexibility on pension cuts

In comments in Athens on Tuesday, European Economic and Monetary Affairs Commissioner Pierre Moscovici hinted at possible flexibility in pension cuts due to come into effect next year.

"Commitments must be honored but they are not rigid," he said on the issue of the reductions slated for January 2019.

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