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Economy & Jobs 25-08-2017

Drought takes its toll on Serbia’s economic growth

Serbia plans to compensate for lower than planned GDP growth in 2017. Although, according to officials, economic indicators are good, the drought has taken its toll and forced the government to change its estimates. EURACTIV.rs reports.

Economy & Jobs 18-07-2017

Germany made more than €1bn out of Greek crisis

Between its loans to Athens and its debt buying programmes, Germany has cashed in to the tune of €1.34bn since the beginning of the Greek crisis. EURACTIV’s partner La Tribune reports.

Europe's East 28-06-2017

A quiet Ukrainian success for the EU

The EU may have its hands full with Donald Trump and Brexit. But quietly, modestly, things are starting to go right in Ukraine, writes Sir Graham Watson.

Economy & Jobs 14-06-2017

Moscovici sees deal on Greek loans, fair solution on debt

European Union Currency Commissioner Pierre Moscovici said he expects Greece and its international lenders to reach a compromise deal on new loans this week and that a "fair solution" will be found on debt relief.

Economy & Jobs 08-06-2017

Greek PM calls for EU investment to break debt deadlock

Greece's Prime Minister Alexis Tsipras on Wednesday (7 June) urged the EU to commit to investment aimed at boosting Greek growth in order to break a deadlock between European creditors and the IMF over the nation's debt.

Economy & Jobs 29-05-2017

Tsipras to wear a tie if debt talks succeed

A possible EU-IMF deal on 15 June over debt relief designed to boost Greece's recovery is also set to leave a mark - albeit temporary - on Greek Prime Minister Alexis Tsipras's chest.

Elections 23-05-2017

Eurozone fails to reach Greece debt deal amid IMF row

Eurozone finance ministers failed to reach a deal for fresh bailout cash for Greece yesterday (22 May), as a row with the International Monetary Fund over debt relief dragged on.

Economic governance 05-05-2017

Eurozone to mull Greek debt relief once reforms take place

Eurozone governments will consider medium-term debt relief for Greece as promised in a statement in May 2016 once Athens implements the reforms it agreed to earlier this week, a eurozone official said on Thursday (4 May).

Europe's East 03-05-2017

IMF approves more money for Moldova, EU cash in the pipeline

The International Monetary Fund has approved the disbursement of a second loan tranche to Moldova worth $21.5 million, citing stronger-than-expected growth. EURACTIV Romania reports.

Economy & Jobs 27-04-2017

W20 Summit champions women’s interests ahead of G20

At the Women20 Summit in Berlin, female leaders from around the world discussed how to promote economic empowerment of women on the agenda of a still male-dominated G20 leadership. EURACTIV Germany reports.

Economy & Jobs 26-04-2017

Greece calls for debt relief as bailout talks resume in Athens

Greece's prime minister held out for a commitment from lenders to debt relief on Tuesday (25 April), and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a 22 May target.

Elections 21-04-2017

Greek 2016 primary surplus at surprisingly high level

Greece in 2016 registered a primary surplus of 3.9% of output, its statistics agency said today (21 April), in an important announcement for the country's reform talks with its creditors.

Elections 21-04-2017

IMF warns against protectionism as Trump, Brexit loom

The International Monetary Fund renewed its warnings against protectionism yesterday (20 April) as nationalist political trends threaten trade integration on both sides of the Atlantic.

Economy & Jobs 20-04-2017

IMF holds keys to Greece’s fate

The International Monetary Fund must hold firm to its stated position in support of debt relief for Greece in meetings of finance ministers that will take place in Washington this week, writes William Rhodes.

Economy & Jobs 19-04-2017

IMF insists that Greece needs a debt restructuring

The International Monetary Fund (IMF) will participate in the Greek bailout programme on the condition that the country’s debt is sustainable and, thus, a restructuring will be needed, IMF chief Christine Lagarde warned on Tuesday (18 April).

Economy & Jobs 14-04-2017

US government ‘open’ to IMF participation in Greek bailout

Washington will keep an “open mind” regarding the participation of the International Monetary Fund (IMF) in the Greek bailout programme, a senior US Treasury official said yesterday (13 April).

Europe's East 10-04-2017

Ukraine’s reformist central bank chief resigns

Ukraine's reformist central bank chief, Valeriya Gontareva, submitted her resignation today (10 April) after coming under intense pressure from tycoons whose banks were shut down for illegal transactions and loans.

Europe's East 04-04-2017

IMF releases $1 billion loan for cash-strapped Ukraine

The International Monetary Fund has decided to release the next $1 billion loan payment to Ukraine, which had been postponed following the blockade imposed on the separatist east of the country, the Ukrainian president said yesterday (3 April).

Economy & Jobs 20-03-2017

Eurozone chief backs German calls for ‘a European IMF’

The European Stability Mechanism (ESM) – the eurozone's bailout fund – should ultimately be turned into a European version of the International Monetary Fund IMF, according to the head of eurozone finance ministers.

Economic governance 08-03-2017

Berlin continues quest for ‘European Monetary Fund’

The German government still wants to set up a European monetary fund but the European Commission does not want to surrender any responsibility for assessing eurozone finances. EURACTIV’s partner Der Tagesspiegel reports.

Economy & Jobs 01-03-2017

Greece: Lenders take unacceptable hard line on worker rights

In the current negotiations over a new loan package for Greece, collective bargaining and worker rights have been in the spotlight. But expert opinion in favour of these tools is being ignored by Greece’s lenders, warn Jan Willem Goudriaan and Richard Pond.

Economy & Jobs 27-02-2017

Germany insists on no debt relief, Greece shows how much gold it has

Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister said yesterday (26 February), as Athens announced how much gold it has in reserve.

Politics 22-02-2017

German foreign minister: Greece should stay in eurozone

Germany should do all it can to keep Greece in the eurozone, German Foreign Minister Sigmar Gabriel said in an interview on Tuesday (21 February), amid renewed tensions between Athens and its international creditors over its bailout programme.

Economy & Jobs 20-02-2017

Schäuble denies ‘Grexit’ threat, says Greece on right path

German Finance Minister Wolfgang Schäuble denied yesterday (19 February) that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.