Friday March 27, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
New FinMin welcomed in Brussels

 Rehn praises Hardouvelis’s appointment as senior euro officials express ‘relief’

The appointment of Gikas Hardouvelis, a non-partisan technocrat, at the helm of the Finance Ministry as part of the major shake-up of the Greek Cabinet on Monday was Tuesday welcomed by the European Union’s economy chief and other senior officials in Brussels.

“I congratulate Gikas Hardouvelis on his appointment and look forward to meeting him at the Eurogroup and Ecofin summits next week in Luxembourg,” EU Economic and Monetary Affairs Commissioner Olli Rehn said in a written statement.

Hardouvelis is expected to make his debut at the meeting of eurozone finance ministers on June 19, when Greece is unlikely to secure its next bailout tranche of 1 billion euros as a number of “prior actions” remain outstanding. Both installments are expected to be disbursed at the next meeting, in July.

Greece’s new finance chief is then expected to meet with troika inspectors on July 9-10 during their progress review of the Greek program ahead of negotiations on the 2015 budget and the sustainability of the country’s debt.

Rehn praised the legacy of outgoing minister Yannis Stournaras, who is expected to take over as Bank of Greece governor.

“In 2012, he set out to promote tough and key reforms,” said Rehn, who acknowledged Stournaras’s “tough work and dedication.”

Speaking to Kathimerini, a number of senior European officials expressed relief about the appointment of the experienced banker and economist who previously served as an adviser to interim Prime Minister Lucas Papademos.

The same sources however voiced skepticism over the forced resignation last week of Greece’s chief tax collector, Haris Theoharis, which cast doubts over the administration’s desire to create a truly independent revenues service in line with troika demands.

Speaking during his swearing-in ceremony Tuesday, the new finance minister suggested he would try to strike a balance between the demands mandated by foreign lenders and the needs of crisis-hit households.

“We must stay the course on reforms and ease the burden on Greek families. We are all suffering," said Hardouvelis, pledging to follow in the footsteps of his predecessor.

“We must do what we want, not just what the troika wants us to do,” he added.

ekathimerini.com , Tuesday June 10, 2014 (22:14)  
Defense minister Kammenos sues commentator for 1 mln euros
Reform talks move to Brussels
China and Greece look to closer ties, as FM heads to US
British Museum rejects request for Unesco mediation on Parthenon Marbles
Bank accounts continue to bleed
Pressures on Greek bank deposits have continued in March, with sector officials estimating that households and enterprises have withdrawn a net 3 billion euros in the first weeks of this mon...
Hania and Athens are the top picks for Easter visitors
Athens and Hania (pictured) are the first choices among foreign holidaymakers heading to Greece next week for Catholic and Protestant Easter, according to international online travel search ...
Inside Business
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
SOCCER
AEK docked three points for fan violence
Greek second-division side AEK Athens on Friday was deducted three points by the Greek football federation for a pitch invasion by its fans earlier this month. The disciplinary committee of ...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
EDITORIAL
The same old story
One of those infamously bad practices that the political system has been accused of for years is being propagated by the new government today, as it is appointing party cadres and politician...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Bank accounts continue to bleed
2. Hania and Athens are the top picks for Easter visitors
3. Landlords to pay tax on unpaid rent
4. Air arrivals grow 20 pct in Jan-Feb 2015
5. Cash injection from state debtors
6. Defense minister Kammenos sues commentator for 1 mln euros
more news
Today
This Week
1. Greek future as trade hub in limbo amid Syriza split on railways
2. Greek gov't denies finance minister Varoufakis to resign [Update]
3. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
4. New Democracy's political council convenes to decide line opposite gov't
5. Clocks go forward one hour on Sunday
6. Berlin says has no exact information about Greek reforms
Today
This Week
1. Next Monday is D-Day for state funds
2. Total victory is unattainable
3. EU asks Greece for more reforms to speed talks on bailout
4. PM faces Merkel amid race to detail reforms
5. Some more equal than others
6. New book by ex-US diplomat delves deeper into the recesses of Greek terrorism
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.