deficit

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European Council agrees to zero fines and new deadlines for Portugal and Spain

08/08/201610/08/2016 ENstaff deficit, European Council, Portugal, Spain

It also stepped up the excessive deficit procedure for both countries, setting new correction deadlines and giving notice of measures to be taken.

european union

Ecofin decides sanctions against Portugal and Spain

12/07/2016 ENstaff deficit, ECOFIN, economy, EU, Portugal, sanctions, Spain

Ecofin found that Portugal and Spain had not taken effective action in response to its recommendations on measures to correct their excessive deficits.

econ/biz european union

Deficits below 3% of GDP for Cyprus, Ireland and Slovenia

17/06/201618/06/2016 ENstaff Cyprus, deficit, European Council, Ireland, Slovenia

The European Council on Friday closed excessive deficit procedures for Cyprus, Ireland and Slovenia, confirming that they have reduced their deficits below the EU’s 3% of GDP reference value.

econ/biz

PM Tsipras: ‘Greece’s economy is on the threshold of exiting the crisis’ – interview with Euronews

22/04/2016 ENstaff crisis, debt, deficit, economy, Euronews, fiscal policy, Greece, interview, Tripras

Greek economy is just one step away from a recovery but needs debt relief, not further austerity, to overcome its crisis for good, Prime Minister Alexis Tspiras told Euronews in an interview.

interviews people

Ambassador of Norway:”The challenge for the Greek economy is its competitive edge and its business climate” [interview]

07/06/2016 ENstaff

The Ambassador of Norway in Athens, His Excellency Jørn Eugene Gjelstad, spoke to EmbassyNews.net and commented on the current developments in Greek and European politics, the economy and the refugee crisis.