Ecofin council
Hatzidakis attends EU ministerial sessions
National Economy and Finance Minister Kostis Hatzidakis is in Brussels for European Union ministerial meetings. On the sidelines of the sessions, Hatzidakis is to meet European officials. Hatzidakis attended a Eurogroup meeting in Brussels on Monday, and on Tuesday he will take part in the ECOFIN Council.
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#Romania2019.eu/ Teodorovici: First message Romanian Presidency of EU Council wants to convey is cohesion
AGERPRES special correspondent Tudor Martalogu reports: Romania takes over the half-yearly Presidency of the Council of the European Union at an important moment for Europe, marked by multiple challenges, but we are realistic and ambitious in our approach, with common effort and political will being necessary from both the Council and the European Parliament, Minister of Public Finance Eugen Or
Europe to improve disclosure of ‘bad loans’ for all banks
European authorities will prepare by the end of next year enhanced disclosure requirements on bad loans as part of an action plan to tackle the risk of non-performing loans (NPL).
EU economic and finance ministers (Ecofin Council) are expected to adopt today (11 July) a plan to decrease the high level of bad loans held by banks in member states.
Schaeuble states: Talks on Greece better, but still lacking substance
German FinMin Wolfgang Schaeuble mentioned the clime during yesterday’s Eurogroup.
In statements he made during the Ecofin council, Mr. Schaeuble stated that “the clime is better” as far as talks went, but added that “I cannot say the same about substance”.
He added that “the IMF must remain in the Greek aid program”.
Hardouvelis warns ECB of stress test implications for economy
Talk on Greek debt ‘when time is right’
Finance Minister says no date has been set to discuss the lightening and sustainability of countrys arrears
By Eleni Varvitsioti
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Five-year bonds likely to be issued as early as next week
Moodys is expected to upgrade Greeces credit rating on Friday
By Sotiris Nikas
Athens is set to officially announce its return to the money markets with the issuance of a five-year bond for an estimated 2-3 billion euros. Sources also suggest that the announcement could come after a likely credit rating upgrade by Moodys over the course of Friday.