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International Information Centre for Balkan Studies



Greece: Endgame for the IMF-EU Feud over Greece's Debt

Greece hasn't been saved just yet, and the conflict between the International Monetary Fund and Europe is once again intensifying. Greece's former minister of finance Yanis Varoufakis expects a showdown between the IMF and Germany.

Read more: Greece: Endgame for the IMF-EU Feud over Greece's Debt

Greece: Four in 10 firms mulling moving abroad

 

 

 

Nearly four in every 10 Greek enterprises are contemplating leaving the country, which translates into some 9,000 companies, a survey by Endeavor Greece conducted on March 23-31, 2016 has shown.

Read more: Greece: Four in 10 firms mulling moving abroad

Three possible ways forward for Greek talks

A splash of international espionage entered the Greek saga on Saturday when WikiLeaks published the conversations of high-level International Monetary Fund officials involved in the negotiations over the first review of the third bailout program.

Read more: Three possible ways forward for Greek talks

Commission seeks review conclusion, as Lagarde and Tsipras fight on Wikileaks tapped IMF teleconference

Greek government “at war” with International Monetary Fund (IMF), after last Saturday’s Wikileaks publication of a four-page transcript of a March 19 conference call of senior IMF officials, the top two in charge of managing the Greek debt crisis: Poul Thomsen, the head of the IMF’s European department, and Romanian Delia Velculescu, the IMF mission chief for Greece.

Read more: Commission seeks review conclusion, as Lagarde and Tsipras fight on Wikileaks tapped IMF...

IMF Discussed Pressuring Germany on Greek Debt, WikiLeaks Says

 

 

 

International Monetary Fund officials discussed the possibility of putting pressure on German Chancellor Angela Merkel to give Greece debt relief, or the IMF would withdraw from the country’s bailout program, according to a transcript of a purported conversation published by WikiLeaks. 

Read more: IMF Discussed Pressuring Germany on Greek Debt, WikiLeaks Says

Афины не планируют приватизации активов энергетики, помимо ДЕСФА

Завершение приватизации ДЕСФА затягивается из-за позиции Европейской комиссии, которая возражает против передачи азербайджанской компании SOCAR контрольного пакета , заявил инистр энергетики и окружающей среды Греции Панос Скурлетис.

Read more: Афины не планируют приватизации активов энергетики, помимо ДЕСФА

EC grants Romania EUR 100 mln for small and medium firms

The European Commission has allocated Romania EUR 100 million for small and medium-sized companies for the 2014-2020 period. The money comes from the European Fund for Regional Development.

Read more: EC grants Romania EUR 100 mln for small and medium firms

Central bank: Romania’s budget deficit to exceed 3% this year

Romania’s budget deficit will exceed 3% this year and 4% in 2017, said Lucian Croitoru, advisor to the central bank governor.

Read more: Central bank: Romania’s budget deficit to exceed 3% this year

Romania Targets Billions on Reviving Countryside

The Romanian government is to spend billions of euros on improving life and business opportunities in long neglected smaller towns and villages.

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Romania loses EUR 3 bln EU funds for transport and environment on procurement problems

The EU programmes for Transport and Environment have lost EUR 3 billion because the public procurement management hasn’t been respected, said Emanoil Dascalu, state secretary within the EU Funds Ministry.

Read more: Romania loses EUR 3 bln EU funds for transport and environment on procurement problems

Migrant costs to exceed 600 million euros, says Greek central bank

The cost of managing the migrant crisis in Greece will exceed a previous estimate of 600 million euros ($670 million) as more and more refugees are forced to remain in the country, Bank of Greece Governor Yannis Stournaras said on Sunday(13.03.2016).

Read more: Migrant costs to exceed 600 million euros, says Greek central bank

European Commission approves Greece- TAP gas pipeline agreement

The European Commission gave the “green light” on Thursday to Greece’s agreement with the Trans-Adriatic Pipeline (TAP) consortium for the construction of the pipeline that will bring natural gas from Azerbaijan to Europe, finding the project to be “in line with the EU state aid rules.”

Read more: European Commission approves Greece- TAP gas pipeline agreement

Bulgarian Foreign Trade

Bulgaria’s exports to other EU countries increased close to 8% in 2015

Read more: Bulgarian Foreign Trade

Greece: Tourists, refugees, immigrants and the state

 

 

 

Despite all the difficulties, tourism continued to grow during the crisis, with arrivals and receipts rising from 15.5 million people and 10.4 billion euros in 2012 to 23.5 million people and 14.2 billion euros last year. 

Read more: Greece: Tourists, refugees, immigrants and the state

Tackling poverty and inequality in Greece is crucial to recovery from crisis

10/3/16 - Boosting economic growth and investment to create jobs, improve the stability of public finances and provide an effective social safety net are crucial to help Greece recover from the profound social costs of the economic crisis, says the OECD in its latest report.

Read more: Tackling poverty and inequality in Greece is crucial to recovery from crisis

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