Mário Centeno
Eurozone ministers to choose next chair; Spain, Luxembourg, Ireland mentioned
Eurozone finance ministers will start on Thursday a month-long process of choosing their next chairman to replace Portugal's Mario Centeno who will step down in July, with ministers from Spain, Luxembourg and Ireland among possible candidates.
Eurogroup chief: No troika for EU resources
European officials praised on Friday Greece's response to the health crisis and stressed that the country will be in the same position as its eurozone peers in the terms of the support it receives from the European Union.
- Read more about Eurogroup chief: No troika for EU resources
- Log in to post comments
Greece eligible for ESM credit
Following Friday's agreement by eurozone finance ministers, Greece stands to receive low-interest loans from the emergency credit line of the European Stability Mechanism without any of the heavy conditions it had to meet in the 2010s.
- Read more about Greece eligible for ESM credit
- Log in to post comments
EU agrees first part of coronavirus economic rescue, but job not done yet
Eurozone governments gave their final approval on Friday to the first part of a 540 billion-euro rescue plan for states hit hard by the coronavirus pandemic, although other elements of the rescue package have yet to be agreed on.
Eurogroup chief tells Kathimerini of need for grants, not only loans
As European countries brace for the economic fallout of the coronavirus pandemic, the president of the eurozone group of finance ministers known as the Eurogroup, Mario Centeno, in an interview with five European newspapers including Kathimerini, has underlined the need for "a suitable mix of grants and loans in the recovery," warning of a new crisis if adequate support is not provided.
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.
EU’s Centeno says coronavirus rescue deal ‘very close’
The chairman of an EU finance ministers meeting on further support for economies hit by the new coronavirus said on Thursday an agreement among all of the bloc's capitals was now "very close" after previous negotiations collapsed.
The Netherlands was the single opponent of a deal proposed on Wednesday morning after sixteen hours of negotiations.
EU ministers fail to agree virus economic rescue in all-night talks
European Union finance ministers failed to agree in all-night talks on more support for their coronavirus-hit economies and their chairman said on Wednesday morning he was suspending the discussions until Thursday.
Eurozone talks on coronavirus economic support package suspended until Thursday
The chairman of eurozone finance ministers Mario Centeno said on Wednesday he was suspending talks on half a trillion euro package to support the economy against the coronavirus epidemic until Thursday, to bridge divisions over its elements.
EU ministers hope to agree to half a trillion euro coronavirus rescue
Eurozone finance ministers hope to agree on Tuesday on half a trillion euros worth of economic aid to finance recovery from the coronavirus, a discussion that has sown divisions as the bloc struggles with the outbreak.