Eurozone

Editorial: Lagarde’s message of hope

Christine Lagarde has once again proven herself to be a worthy successor to Mario Draghi at the helm of the European Central Bank (ECB).

More than many political leaders she is aware of the critical nature of the situation created by the unprecedented epidemiological crisis and she has therefore boldly taken the necessary steps.

EU boost for local economy

Greece secured two vital sources of liquidity from the European Union on Thursday that will help it to rebound next year: the extension of the European Central Bank's extraordinary bond-buying program (PEPP) and the unblocking of the Next Generation EU fund following the agreement of the majority of EU states with Hungary and Poland.

Johannes Hahn: «In January the first funds of the Recovery Fund if ….»

Strict message to Hungary and Poland to respect the «Europe of Law» that is being tested by the pandemic and to open the package of 1.8 trillion. Euros with the first disbursements at the beginning of 2021 is sent by Commissioner Johannes Hahn in his interview with «Vima tis Kyriakis».

Cash abundance for economy

The Greek credit sector has received a cheap liquidity boost this year of 40 billion euros from the European Central Bank that has flooded the market with cash aimed at supporting enterprises and households in the face of the pandemic.

The discourse on the dialogue: The context of Greco-Turkish relations

Turkey is well aware that Greece is not Syria, Libya, nor Nagorno-Karabakh. Turkey appreciates the fact that Greece has been a member of NATO since 1952 (the year of its accession along with Turkey) and a member of the European Union and the eurozone - more than a significant part of Greek public opinion does.

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