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Greece

EU's Moscovici Calls on Greece to Hasten Reforms

EU's Economy and Finance Commissioner Pierre Moscovici said on Thursday that Greece must deliver on its promised reforms to send a positive signal to debt markets before a meeting of eurozone finance ministers next month. “I hope and I expect...

Moscovici Says Greek Sacrifices Now Bearing Fruit

Cuts in Greek pensions were not legal or even necessary, stated European Commissioner for Economic and Financial Affairs Pierre Moscovici on Tuesday. In his remarks to a meeting of the Eurogroup, he stressed that the ''Greek people's sacrifices are now...

'Greece has Returned to Growth' Says EU's Moscovici

Europe has come out of the Greek experience collectively stronger, said EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici ahead of Greece's exit from the bailout on Monday. In comments to the press, Moscovici said that...

EU's Moscovici Blasts Greek Opposition Over Post-Bailout Deal

EU Commissioner Pierre Moscovici launched an attack on Greece's opposition for criticizing the June Eurogroup agreement and the exit of the country from the bailout "for reasons of internal politics". During a speech at the European Parliament in Strasbourg on...

EU's Moscovici: Greece Returns to Normality

After eight difficult years Greece is back to normality, to autonomy and the markets, EU Commissioner for Economic and Financial Affairs, Pierre Moscovici told the Greek parliament on Tuesday. Moscovici said that the decisions that had to be taken by Greek...

'Vital Week' for Greek Economy Lies Ahead, Says EU's Moscovici

As Greece prepares for a critical eurozone finance ministers' meeting on Thursday, European Commissioner for Economic and Financial Affairs Pierre Moscovici has said a "vital week" lies ahead. In a series of tweets on Tuesday, the commissioner said "key developments" in...

EU's Moscovici Says Greek Deal Will be Struck at June 21 Eurogroup

European Commissioner Pierre Moscovici has said a final agreement covering Greece's post-programme period, surveillance and debt relief will be reached at the June 21 Eurogroup meeting. In an interview with the newspaper Kathimerini on Tuesday, Moscovici said: "I am certain...

Everyone Has to 'Assume Their Responsibilities', says EU's Moscovici

The EU's downward revision of growth rate forecasts for Greece in 2018 and 2019 are due to the economy's weak growth in the fourth quarter of 2017, European Commissioner Pierre Moscovici said on Thursday. Asked about the Commission's spring forecasts for...

EU's Moscovici 'Optimistic' about Greece's Future

Greece has made "huge progress" in previous years and it is now in the final stretch, with the country ready to exit its program this summer, European Financial Affairs Commissioner Pierre Moscovici told German newspaper Neue Osnabrucker Zeitung. The commissioner said...

EU's Moscovici: Greece Needs 'Suitable Supervision' after Program Ends

Greece finally sees the light at the end of the tunnel, but a suitable form of supervision is needed for years after the bailout program ends, said Economic Affairs Commissioner Pierre Moscovici. The EU official is in Greece for a...

Tsipras Meets Moscovici and Lagarde in Davos

Prime minister Alexis Tsipras met with EU Commissioner Pierre Moscovici and IMF director Christine Lagarde on the sidelines of the World Economic Forum in Davos, Switzerland on Thursday. Both representatives of Greece's lenders praised the PM for the progress in...

Moscovici Says Institutions Should Return to Athens on Oct. 23

The mission chiefs of the institutions should be in Athens for the third program review on the 23rd of October, the EU's Economic and Financial Affairs Commissioner Pierre Moscovici said on Monday, during a press conference after the end...

EU Commissioner Moscovici: Growth has Returned to Greece

Growth has returned to Greece after so many years, jobs have opened and investors are returning to Greece, European Commissioner for Financial Affairs Pierre Moscovici said in an interview with the Athens-Macedonian News Agency. "Greece ought to have made these...

Tsipras Hails Greece's Return to Markets; EU's Moscovici Urges Implementation of Reforms (video)

Greece sold debt to private investors for the first time in three years, an upbeat Prime Minister Alexis Tsipras hailed what he called a "special day." At his meeting in Athens with EU Commissioner Pierre Moscovici, Tsipras that “it is...

EU's Moscovici: IMF Deal on Greece 'Very Positive' for Markets

The International Monetary Fund's approval of a one-year 1.6 billion euros loan for Greece was a "very positive signal for the markets," the EU's Commissioner for Economic and Monetary Affairs, Pierre Moscovici, told AFP on Friday. "The decision taken by...