About: debt relief

Economy & Jobs 20-05-2022

Former economy minister: Ukraine needs grants, not loans

In an interview with EURACTIV, the former Ukrainian economy minister and current advisor to President Volodymyr Zelenskyy, Tymofiy Mylovanov welcomed EU help but called for the use of grants instead of loans since an over-indebted Ukraine would scare off private investors and make reconstruction more difficult.
Global Europe 20-11-2020

Michel: G20 must move on debt restructuring programme

European Council President Charles Michel on Friday (20 November) called on G20 leaders to create “a new model of sustainable finance” to avoid sovereign defaults in the wake of the COVID-19 crisis.
Development Policy 20-05-2020

Poor countries need more than debt suspension, says Merkel

Rich countries should help the world's poorest survive the coronavirus pandemic by keeping up development aid and mulling relief measures that go beyond a moratorium on debt payments, German Chancellor Angela Merkel said on Wednesday (20 May).
Development Policy 29-04-2020

EU to discuss Africa debt relief

EU countries will discuss a request for debt relief from five Sahel countries as part of efforts to help them cope with coronavirus, European Council chief Charles Michel said Tuesday (28 April).
Botswana 16-04-2020

G20 agree debt relief ahead of crucial IMF spring meetings

The G20 group of leading economies agreed on Wednesday (15 April) to suspend debt payments owed to them by some of the world's poorest countries in a bid to cushion the economic impact of the coronavirus pandemic.
Economic governance 14-06-2018

Eurogroup nears debt deal for Greek bail-out exit

Greece and its creditors are getting closer to a deal on a debt relief package to be sealed during the next Eurogroup meeting on 21 June, senior EU officials said on Wednesday (13 June).
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.
Economy & Jobs 15-05-2017

Greece slashes GDP forecast in new budget plans

The Greek government on Sunday (14 May) slashed its GDP growth forecast for 2017 as it moved towards submitting new austerity measures, including a wider tax net, for approval by lawmakers.
Economy & Jobs 28-02-2017

EU centre-right sets the tone for the Commission’s EMU paper

EXCLUSIVE / An innovation-driven economy where rules are respected and the labour market is flexible will help Europe ensure its position in a constantly changing world, according to a European People’s Party document seen by EURACTIV.com.
Euro & Finance 14-02-2017

Syriza MEP: EPP tried to ‘sabotage’ Greek bailout debate in EU Parliament

The right-wing European People’s Party attempted to "sabotage" a debate today (14 February) on the Greek bailout in the European Parliament in the absence of Eurogroup president Jeroen Dijsselbloem, who cited a “heavy workload”, Syriza MEP Dimitris Papadimoulis claimed.
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 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 09-05-2016

No Eurogroup result ‘not a tragedy’, EU official says

If the Eurogroup meeting today (9 May) does not produce any specific results “it’s not going to be a tragedy”, an EU official told EURACTIV Greece.

IMF fears Grexit without solid Greek reforms

Fears that Greece will exit the eurozone, a "Grexit", could revive if Greek authorities do not come up with "credible" reforms, notably on pensions, a senior IMF official said Thursday (11 February).
Euro & Finance 30-01-2015

Juncker rejects Greek debt write-off

With the uncertainty surrounding Greek debt preoccupying political leaders, the President of the European Commission has called on Athens to "respect Europe". EURACTIV France reports