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Greece

Dombrovskis: 'Ιdeal Timeframe' for Completion of 3rd Review would be End of Year

The "ideal time frame" for the completion of Greece's third program review would be by the end of the year, but this will depend on whether the Greek side implements the necessary measures, said European Commission Vice-President Valdis Dombrovskis...

Time to Proceed to the Disbursement of the Next Tranche to Greece, Dombrovskis Says

"It is time to proceed with the disbursement of the next loan tranche to Greece," the European Commission vice president Valdis Dombrovskis said on Thursday. Asked on the implementation of the prior actions, he said that it is satisfactory...

Dombrovskis: 'Not Helpful' to Return to Economic Instability When Greece Was on Verge of Growth

To return to a period of economic instability and fruitless discussion on the Greek program at a time when Greece was once again on a path to growth was not helpful, European Commission Vice-President in charge of the Euro...

Dombrovskis: Greek Debt Measures on Agenda at December 5 Eurogroup Meeting

"We can expect the conclusion of the second program review in the foreseeable future," European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said on Monday in Brussels, stressing the "significant progress" that had already been achieved. Asked on...

Dombrovskis on Greek Debt, Primary Surpluses and Growth

European Commission vice president Valdis Dombrovskis, appeared positive over strong growth rates in Greece in 2017, and meeting deficit and primary surplus targets in questions posed by European parliament vice president Dimitris Papadimoulis, during the Economic and Monetary Policy...

Greece Broadly on Track With Fiscal Targets, Says EU's Dombrovskis

Greece is broadly on track to meet fiscal targets for 2016 set by euro zone creditors and its primary surplus goal for next year is also within reach, European Commission Vice President Valdis Dombrovskis said on Monday. Dombrovskis spoke to...

Why Is Greece Suffering? EC VP Dombrovskis Points Finger at Tsipras' Populism

European Commission Vice-President Valdis Dombrovskis said on Monday that Greece has had to go through tougher austerity than would otherwise have been required because of the populist stance of the left-wing SYRIZA government of Greek Prime Minister Alexis Tsipras. "Populism...

Commission VP Dombrovskis: We didn't Ask Greek Govt to Raise Taxes

Athens has ignored the European Commission's advice that spending cuts would do less damage to Greece's potential for growth than raising taxes, said European Commission Vice President Valdis Dombrovskis. The Commission VP spoke to Kathimerini newspaper stating that creditors have...

Dombrovskis: Greece and Institutions Can Conclude First Review 'in a Very Short Time'

Greece and the institutions are close to a conclusion of the Greek review, European Commission Vice President for the Euro Valdis Dombrovskis said during a press conference on Tuesday. The Commissioner had been asked whether a staff level agreement...

European Commission VP Dombrovskis: Agreement With Greece Feasible 'Within Weeks'

European Commission Vice President Valdis Dombrovskis estimates that an agreement between Greece and its creditors over the bailout program review is feasible "within weeks." Speaking to the Wall Street Journal, Dombrovskis said that the EC has not set any deadlines...

Dombrovskis: Agreement Between Greece and its European Lenders Possible

An agreement between Greece and its lenders is possible, European Commission Vice President Valdis Dombrovskis said on Friday. In statements to Politico, he said that the Greek issue will be discussed on the sidelines of the IMF's Spring Meeting in...

Dombrovskis: Talks Between Institutions And Greek govt 'Constructive'

Talks that began this week between Greek authorities and the representatives of institutional creditors on a review of Greece's programme were "constructive," European Commission Vice-President Valdis Dombrovskis said in a press conference. He noted that there was progress on "all...

Tsakalotos and Dombrovskis Address Issues of Non-Performing Loans and First Home Protection

The Greek government and the institutions are seeking an honest compromise on the issue of non-performing loans, Finance Minister Euclid Tsakalotos and Vice President of the European Commission, Valdis Dombrovskis said on Monday. Speaking to reporters, after the meeting, Dombrovskis...

Dombrovskis: Greece Can Return to Growth in the Second Half of 2016

I believe that Greece can return to growth in the second half of 2016, said European Commission Vice President Valdis Dombrovskis in an interview with VIMA newspaper. Dombrovskis also underlined that the "top priority is the implementation of the ...

EU Commission Says it "Will Remain by Greece's Side'' One Year After Bailout Exit

The European Commission issued a statement on Tuesday on the occasion of the one-year anniversary of Greece officially exiting its bailout programs after its eight-year-long financial crisis. ''Today marks one year since Greece successfully concluded its European Stability Mechanism (ESM)...