Section: Open Europe (UK)
Tsipras pledges to present full list of reforms within days to try and unlock bailout cash
Tsipras pledges to present full list of reforms within days to try and unlock bailout cashAccording to a joint statement released yesterday night by the Presidents of the European Council, the Commission and the Eurogroup, the Greek government “will present a full list of specific reforms in the next days” in a bid to speed up negotiations and...
Tsipras expected to request additional help at EU summit as Greek funding problems deepen
Tsipras expected to request additional help at EU summit as Greek funding problems deepenSpeaking in the Greek parliament yesterday, Greek Prime Minister Alexis Tsipras struck a defiant tone and insisted that his party will not “go back on what [it has] promised” – adding that it is the rest of the Eurozone which must stop taking “unilateral...
Moscovici: We won’t keep Greece in the Eurozone at any price
Moscovici: We won’t keep Greece in the Eurozone at any priceEU Economic and Monetary Affairs Commissioner Pierre Moscovici told Die Welt, “We will not keep Greece in the Eurozone at any price, but under strict conditions that are acceptable to both sides. It is clear to everyone that a possible third bailout package must look different to...
Schäuble: New Greek government has again destroyed trust
Schäuble: New Greek government has again destroyed trustGerman Finance Minister Wolfgang Schäuble told a conference yesterday, “The new Greek government has again destroyed all the trust that had been won back…Until November, Athens was on a road that could have led it to exit the crisis. This has gone. I don’t know what to do now with...
New Open Europe briefing: Cost to UK economy of top 100 EU-derived regulations stands at £33.3bn
New Open Europe briefing: Cost to UK economy of top 100 EU-derived regulations stands at £33.3bnIn the latest instalment of our ongoing Brexit series, Open Europe has today published a new briefing which finds that the annual cost to the UK economy of the 100 most burdensome EU-derived regulations stands at £33.3bn. However, the...
Tensions between Germany and Greece rise on claims for war reparations
Tensions between Germany and Greece rise on claims for war reparationsFollowing a speech in the Greek parliament where Greek Prime Minister Alexis Tsipras once again called for Germany to pay war reparations to Greece, German Chancellor Angela Merkel’s spokesman, Steffen Seibert, said, “The question of reparations and compensation is...
Timmermans: Public need to have confidence that EU free movement does not undermine national welfare systems
Timmermans: Public need to have confidence that EU free movement does not undermine national welfare systemsSpeaking in London yesterday at a Policy Network conference, European Commission Vice-President Frans Timmermans argued that “Public support will dwindle if the public thinks that free movement means undermining of social security systems…...
UK secures important victory at ECJ to preserve the single market
UK secures important victory at ECJ to preserve the single marketThe General Court of the European Court of Justice (ECJ) this morning ruled in the UK’s favour in its case against the ECB over the location of the clearing of euros outside of the Eurozone. The Court ruled that the ECB’s opinion, that central counterparties which clear...
Greece struggles to find cash to pay off creditors as rumours of third bailout grow
Greece struggles to find cash to pay off creditors as rumours of third bailout growThe Greek government is struggling to find cash to meet its obligations and may be forced to tap the cash reserves of state bodies and/or pension funds in order to meet its payments to the IMF and others. The ECB continues to reject requests from Greece to increase...
Greek PM may not give Greek parliament a vote on bailout extension
Greek PM may not give Greek parliament a vote on bailout extensionGreek Prime Minister Alexis Tsipras has said he will decide in the next 48 hours whether to allow the Greek parliament to vote on the extension of the country’s financial assistance programme, following concerns about dissent in his own party. In a vote held behind closed...
