Arab Today, arab today european fm discuss growth potential of euro area
Last Updated : GMT 16:09:25
Arab Today, arab today
Arab Today, arab today

European FM discuss growth potential of euro area

Arab Today, arab today

Arab Today, arab today European FM discuss growth potential of euro area

Euro
Brussels - KUNA

Finance ministers of the euro area met in Brussels Monday and discussed the 18-member bloc's growth potential, the process of Lithuania's accession to the euro area and Greece's economic adjustment programme.
"Increasing the growth potential of the euro area is the main point on our agenda in the coming period. In our last meeting we agreed to start a new process of coordination of structural reforms where the Eurogroup can act as a driver," President of the Eurogroup, Jeroen Dijsselbloem, told a news conference this evening.
On his part, Siim Kallas, EU Commissioner for Economic and Monetary Affairs, told the joint press conference that Greece will receive another bailout of one billion euro by the end of the week after it has made progress on its economic reform agenda.
Klaus Regling, Managing Director of the European Stability Mechanism (ESM), told the same press conference that with this one billion euro disbursement, there is now 2.1 billion euro still left in the pipeline for Greece.
One billion euro of that could be disbursed in August but that depends on the next set of economic conditions being met, he added.
On Cyprus, the ESM decided to release 600 million euro in financial assistance and this disbursement will be made later this week, he added.
The ESM is a fund created by the EU to help Eurozone countries which face economic and financial problems.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european fm discuss growth potential of euro area Arab Today, arab today european fm discuss growth potential of euro area

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european fm discuss growth potential of euro area Arab Today, arab today european fm discuss growth potential of euro area

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 10:39 2017 Monday ,26 June

Authorities release Assala under conditions

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday