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.
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).
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.
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.
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.
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).
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.