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EU news and policy debates across languages

22/11/2016

Greek parliament approves new austerity measures to unlock bailout cash

Topic: IMF


Euro & Finance 08-11-2016

Eurozone says more debt relief for Greece 'impossible' for now

Eurogroup head Jeroen Dijsselbloem and German Finance Minister Wolfgang Schäuble, in a move likely to anger Athens and the IMF, warned yesterday (7 November) it would be impossible to draw up fresh debt relief for Greece by year's end.
03-11-2016

Greek retirees protest pension cuts

Greek pensioners took to the streets of the capital on Thursday (3 November) to protest against a new wave of pension cuts the leftist-led government imposed as part of an austerity drive prescribed by international lenders.
Future EU 21-10-2016

The End of Europe

The EU risks disintegration with the emergence of a xenophobic and populist wave. The European project needs to be completely rethought, far from the current state of exception, argues historian Enzo Traverso.
10-10-2016

Moscovici: Greece has delivered reforms for bailout payout

Greece has delivered the reforms necessary to unlock 2.8 billion euros in rescue loans from its massive third bailout, the European Commission's top economics affairs official said on Monday (10 October).
Euro & Finance 10-10-2016

Greek bailout talks hit sensitive labour reform negotiation

The Greek government stressed that it will not sacrifice workers’ rights, even if offered a reduction in public debt, when Athens and its international creditors meet for sensitive talks on labour reform next week. EurActiv Spain reports.
Euro & Finance 07-10-2016

Researcher: IMF and World Bank are changing - but not fast enough

The World Bank and the IMF, the two big international financial institutions, have been too slow to embrace change. But they are showing signs of evolving, admitting that austerity is not always the answer, Françoise Nicolas told EurActiv's partner Ouest-France.
Euro & Finance 06-10-2016

IMF officials downplay risk of imminent Deutsche Bank crisis

International Monetary Fund officials sought to play down the risk of an imminent crisis over Deutsche Bank yesterday (5 October) and expressed confidence that German and European authorities were working to ensure stability.

Hungarian growth in peril in face of anti-migrant campaign

At peak harvest time, Hungarian winemaker Sandor Font has enough work for 30 people at his vineyard south of Budapest - if only he could find enough grape-pickers.

Advisers at odds over Greek labour reforms ahead of bailout review

A group of advisers charged with helping Greece and its foreign lenders on labour reforms disagree among themselves on key issues, a draft report seen by Reuters showed, reflecting the complexity of talks which are due to start in mid-October.
Euro & Finance 28-09-2016

Greece passes electricity market reform, sets sovereign wealth fund

Greek lawmakers yesterday (27 September) passed reforms sought by the country's creditors to cut pension spending and expedite privatisations in exchange for financial aid under the country's latest international bailout.
Europe's East 26-09-2016

After striking murky gas deal, Ukraine bows to West

The fight for the control over a profitable company that transports Russia's gas to Europe exposed the clan warfare and backstabbing that surrounds Ukrainian President Petro Poroshenko and hampers Kyiv's bid to anchor its ties to the West.
21-09-2016

Austerity-hit citizens allowed to sue troika, ECJ rules

The European Court of Justice has ruled that EU citizens can now sue the troika if they believe their fundamental rights have been violated by austerity. EurActiv Germany reports.
Global Europe 19-09-2016

Migration expert: ‘Integration always happens’

French political philosopher Sami Naïr has proposed a "transit passport" for refugees and has warned that the EU stands at a juncture; one path leads to civilisation, the other towards "barbarism". EurActiv Spain reports.
Development Policy 16-09-2016

IMF prods Mozambique to allow audit of secret loan companies

IMF chief Christine Lagarde on Thursday (15 September) pressed Mozambique's President Filipe Nyusi to allow an independent international audit of companies involved in a loan scandal that forced an IMF and World Bank aid cutoff.
Elections 12-09-2016

With eye on West, Belarus holds slightly freer election

Lawmakers loyal to hardline Belarussian President Alexander Lukashenko retained power in an election yesterday (11 September), but the opposition's win of a seat for the first time in 20 years could help the ex-Soviet nation further improve ties with the West.
Euro & Finance 09-09-2016

Economist: Distrust rife between Greece and its lenders

Following on from EurActiv's exclusive interview with Alexis Tsipras, our partner WirtschaftsWoche spoke to Greece expert Jens Bastian about Greek distrust of its donors, Tsipras' political future and how Angela Merkel has made herself popular in the country.
Europe's East 16-08-2016

New online income declaration system flops in Ukraine

Ukrainian efforts to stamp out tax evasion and corruption among public officials in line with commitments to the IMF hit a setback on Monday (15 August) when a new online income declaration system flopped at launch.
Euro & Finance 29-07-2016

Commission and IMF clash over influence of politics over bailout programmes

The European Commission has said that stabilising the eurozone was "eminently a political issue" after an independent probe into the IMF's handing of sovereign bailouts found it was vulnerable to pressure from governments.
Euro & Finance 29-07-2016

Internal auditor hits out at IMF handling of Greece bailout

An independent probe into the IMF's handling of European bailouts found that it bent its rules and was vulnerable to political pressure as it embarked on the ill-fated 2010 Greece rescue. The International Monetary Fund's Independent Evaluation Office (IEO) said in its report on Thursday (28 July) that in the plunge into the eurozone crisis, the …

UK & Europe 25-07-2016

Brexit is risk to global growth, says G20

Britain's vote to leave the European Union heightens risks for the world economy, finance chiefs from the G20 group of leading countries said Sunday (24 July), vowing to use "all policy tools" to boost growth.
Europe's East 03-06-2016

Ukraine's corrupt judges targeted in constitutional reforms

Ukraine's parliament approved yesterday (2 June) judicial reforms that Western backers say are needed to fight corruption, in the first constitutional vote the ruling coalition has pushed through since an overhaul of the government in April.
Euro & Finance 25-05-2016

Eurogroup achieves ‘major breakthrough’ to unlock further cash for Greece

Eurozone finance ministers reached a vital deal with Greece in the early hours today (25 May) to start debt relief for Athens as demanded by the International Monetary Fund, and to unlock €10.3 billion in bailout cash.
Euro & Finance 24-05-2016

IMF report puts pressure on Greece’s EU creditors

A new IMF report on Greece's financial situation, published hours, before a key meeting in Brussels, said the country needs unconditional debt relief from European Union creditors over the long term to rebuild its financial strength.
Euro & Finance 23-05-2016

Greek parliament approves new austerity measures to unlock bailout cash

Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation.