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.
After all, the report was successfully completed two weeks ago and the European Commission gave the green light to the Eurogroup to disburse the € 748 million tranche of Eurozone central bank profits from Greek bonds, which are expected to be pumped into the Greek economy.
Tomorrow, the Ecofin meeting is expected to take place, while the Greek Minister of Finance is expected to participate in the annual meetings of the Boards of Governors of the European Stability Mechanism (ESM) and the European Investment Bank (EIB), as well as to hold contacts with European officials.
The meetings
This afternoon, Mr. Staikouras will go to the headquarters of the ESM, where he will meet with the Executive Director Klaus Regling and high-ranking executives of the Mechanism. A visit to the headquarters of the European Investment Bank will follow, where he will meet with EIB President Werner Hoyer and senior officials of the Bank of the European Union.
Tomorrow, Thursday, Mr. Staikouras will take part in the annual meeting of the ESM Board of Directors, at which the annual report of the Mechanism for the financial year 2020 will be approved. Eurozone finance ministers will discuss the 10th Assessment Report on European Institutions, which was successfully completed two weeks ago under the Enhanced Surveillance regime that Greece entered in the summer of 2018.
The Eurogroup will also meet in an expanded format, focusing on the completion of the banking union and the preparation of the forthcoming Eurozone Summit.
On Friday, the Minister will attend the annual meeting of the EIB Board of Governors, as well as the meeting of Ecofin, which, according to the agenda, will discuss the economic recovery in Europe – with emphasis on the implementation of the Recovery and Sustainability Mechanism, VAT issues and the course of the banking union. In addition, EU finance ministers will exchange views on financial services and fiscal sustainability and focus on the European Semester 2021.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
