Eurogroup

The 48 hours of the Lenders with the Greek Government – What happened

Negotiations between Institutions and Greece came to an end. In view of the 12th assessment of the Greek economy, which is under strict supervision, the European institutions and the Greek governement discussed every single issue, focusing mainly on the financial issues, the public debts to individuals, the auctions and the bankruptcy law.

The Eurogroup verdict

Christos Staikouras in Brussels

The Minister of Finance, Mr. Christos Staikouras, is going to Brussels today, in order to participate in the Eurogroup meeting and a day later in the Ecofin meeting.

At tomorrow 's Eurogroup, Eurozone Finance Ministers will discuss the Eurozone' s fiscal course and prospects, focusing on next year.

Eurogroup: Support measures, assessment report and debt on the table

The 10th post-memorandum evaluation report of the Greek economy is expected to be presented during today's Eurogroup meeting in Luxembourg, which will be attended by Finance Minister Christos Staikouras.

Therefore, Greece is expected to take another step towards a positive direction, as another evaluation is successfully completed.

The two critical junctures the Greek economy will face by month’s end

The Greek economy will bid farewell to May with two "tests" and the first is on May 21, when Moody's announces its verdict for the evaluation of Greece, followed by a litmus test on May 26, when the Commission is expected to publish its conclusions on economy and budget, after the completion of the 10th evaluation.

FinMin Nazare, European officials discuss Romania's prospects for economic growth in 2021

On a working visit to Brussels, Romania's Finance Minister Alexandru Nazare discussed with senior European officials Romania's economic growth prospects for 2021, narrowing its government deficit to below 3% of GDP by 2024 and introducing new measures to boost the economy under the SURE Instrument.

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