Greece Shakes Off Crisis-Era Label With Major EU Economic Upgrade
19 Articles
19 Articles
EU Commission Fights Losing Battle Over State Budgets
There is good news out of Greece. According to Hellas Journal, the European Commission is removing Greece from the relevant [fiscal] monitoring category for the first time since the outbreak of the Greek debt crisis This is the first time in 16 years that the Greek government is free to conduct its own fiscal policy. Eight years ago, the EU began a gradual relaxation of its Growth Pact enforcement in Greece; in a manner of speaking, 2018 marke…
Greece Shakes Off Crisis-Era Label With Major EU Economic Upgrade
The Commission’s assessment highlights a reduction in risks associated with Greece’s public and external debt. Credit: tiseb, CC BY 2.0/flickr EU’s Commission on Wednesday removed Greece from its list of macroeconomic imbalances marking a turning point in the nation’s post-crisis recovery. The move formally winds down a painful 16-year chapter of heightened economic surveillance that led to the era of bailouts. Among the factors emphasized in th…
After a grueling debt crisis and years of harsh austerity measures, Greece has reached a milestone: the European Commission has officially removed the country from the list of economic problem children for the first time since the crisis. According to Greek Prime Minister Kyriakos Mitsotakis, this marks the end of “a negative chapter that began sixteen years ago”.
Algemeen Dagblad
After a grueling debt crisis and years of harsh austerity measures, Greece has reached a historic milestone. For the first time since the crisis, the European Commission has officially removed the country from the list of economic problem children. According to Greek Prime Minister Kyriakos Mitsotakis, this marks the end of ‘a negative chapter that began sixteen years ago’.
bnr.nl
rd.nlThe European Commission has removed Greece from the list of member states with economic imbalances for the first time since the debt crisis. According to Prime Minister Kyriakos Mitsotakis, this marks the end of a ‘negative chapter that began sixteen years ago’.
Greece is no longer one of the EU countries with macroeconomic imbalances.
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