Skip to content

Official website of VNIS Investment

HomepageVNIS Investment
Hotline 087 620 9668
Contact Us
  • Vietnamese
  • About Us
    • Our Team
    • Our Partners
    • Customer Testimonials
    • Partner With Us
    • Career Portal
  • Permanent Residence
    • USA
    • Canada
      • Start-Up Visa
      • PEI
    • Australia
      • Business Migration
      • Investment Migration
      • Family Migration
      • Skilled Migration
      • Resident Return Visa (RRV)
      • Global Talent Independent Program
    • New Zealand
    • Cyprus
    • Greece
    • Ireland
    • Malta
    • Portugal
    • > Online Appointment Booking
  • Citizenship
    • Dominica
    • Saint Lucia
    • St. Kitts & Nevis
    • Turkey
    • > Online Appointment Booking
  • Real Estate Projects
  • News & Events
    • Project Updates
    • Events
    • Career Opportunites
    • Immigration News & Updates
  • Contact Us
Browse:
  • Home
  • News
  • European Commission: No more enhanced surveillance status for Greece

European Commission: No more enhanced surveillance status for Greece

Uỷ ban Châu Âu: Không còn tình trạng giám sát nâng cao cho Hy Lạp
European Commission: No more enhanced surveillance status for Greece

As previously announced, Greece will exit the state of enhanced surveillance on August 20, two years ahead of time and after the early repayment of its bailout loans to the IMF (International Monetary Fund).

Greek Finance Minister Christos Staikouras announced the news on Wednesday, adding that it brings Greece to a “new chapter” that will allow it more freedom to conduct economic policy and move closer to achieving “investment” status.

“August 20 marks the achievement of a major national goal for Greece, the end of the EU’s enhanced monitoring framework, thanks to the sacrifices of the Greek people, prudent economic policy and reform direction is consistently implemented by the government,” Staikouras said on his Twitter account.

Greece began to come under “enhanced surveillance” in 2018 following three bailout packages from 2010 to 2015 by the EU and IMF worth more than 260 billion euros.

Since then, the country’s economic policy and reform progress has been overseen by the European Commission.

European Commission: No more enhanced surveillance status for Greece
Greek Finance Minister – Christos Staikouras.

“After 12 years… a difficult chapter for our country is coming to an end,” Mr. Staikouras said, adding that Greece is back to European normalcy and will no longer be an exception in the European Union.

EU Commission Vice President Valdis Dombrovskis and Economic Commissioner Paolo Gentiloni confirmed in a letter to Staikouras that Athens has delivered on its commitments and committed policy reforms.

From August 21, Greece will be assessed every six months until it repays 75% of its loans.

Since exiting bailouts in 2018, Greece has relied solely on the market for its financial needs.

In interviews with Greek media, Staikouras said this week that he hopes revenue from summer tourism will boost the state coffers. He added that tourism revenue has recovered 88% of 2019 levels and is expected to exceed 2019 levels.


VNIS INVESTMENT
Source: GTP Headlines

Tags: Greece, Life in Greece

Share Visit linkedin Visit facebook Visit twitter Visit pinterest

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related posts

Nhu cầu cho thuê Airbnb tại Hy Lạp giữ vững xu thế tăng
Immigration News & Updates

Demand for Airbnb rentals in Greece maintains an upward trend in September 2022

24/10/2022

Read more
Chương trình Thị thực Vàng của Hy Lạp xếp thứ 3 Châu Âu
News

Greece’s Golden Visa Program ranks 3rd in Europe

20/10/2022

Read more
Pagrati, Athens nằm trong danh sách các khu phố tuyệt vời nhất thế giới
News

Pagrati, Athens listed as one of the coolest neighborhoods in the world

20/10/2022

Read more

FEATURED NEWS

Điểm Express Entry tháng 11/2022: 491 điểm cho tất cả các chương trình - Canada Flag Điểm Express Entry tháng 1/2023: 490 điểm cho tất cả các chương trình 30/01/2023
Cập nhật tháng 10/2022: Chương trình Đề cử Tỉnh bang PEI Canada – Prince Edward Island Provincial Nominee Program (Entrepreneur Category – Work Permit Stream) – December 2022 Updates 03/01/2023
Chúc mừng Giáng Sinh và Năm Mới 2023 Merry Christmas and Happy New Year 2023 24/12/2022
Tìm Hiểu Danh Sách Quốc Gia Cho Phép Hai Quốc Tịch Tìm Hiểu Danh Sách Quốc Gia Cho Phép Hai Quốc Tịch 11/12/2022
Định Cư Ở Đâu Rẻ Nhất? Gợi Ý 4 Quốc Gia Nổi Bật Định Cư Ở Đâu Rẻ Nhất? Gợi Ý 4 Quốc Gia Nổi Bật 27/11/2022

ONLINE CONTACT FORM

VNIS Investment (VNIS Investment Co., Ltd) is an investment, immigration & citizenship consulting firm, a business unit of VNIS Group. At present, we are a professional consulting firm for a variety of immigration-based investment portfolios that has success clients in the United States, Canada and countries in Europe (Portugal, Ireland, Cyprus, Malta, Spain, Greece, the United Kingdom, Germany), as well as St. Kitts & Nevis.

Contact Us

Ho Chi Minh City Office:
Unit 1681, 16th Floor, Bitexco Financial Tower, 2 Hai Trieu Street, Ben Nghe Ward, District 1, Ho Chi Minh City

Hanoi Office:
A20, Dream Station, 2nd Floor, UDIC Complex, Hoang Dao Thuy Street, Cau Giay District, Hanoi

Hotline:    +84 87 620 9668

Email:     info@vnisinvestment.com

Quick Link

  • About Us
  • Permanent Residence
  • Citizenship
  • Real Estate
  • News & Events
  • Contact Us

All brands are registered with the National Office of Intellectual Property of Vietnam. A business unit of VNIS Group.

Type to search
  • English
  • Vietnamese
  • About Us
    • Our Team
    • Our Partners
    • Customer Testimonials
    • Partner With Us
    • Career Portal
  • Permanent Residence
    • USA
    • Canada
      • Start-Up Visa
      • PEI
    • Australia
      • Business Migration
      • Investment Migration
      • Family Migration
      • Skilled Migration
      • Resident Return Visa (RRV)
      • Global Talent Independent Program
    • New Zealand
    • Cyprus
    • Greece
    • Ireland
    • Malta
    • Portugal
    • > Online Appointment Booking
  • Citizenship
    • Dominica
    • Saint Lucia
    • St. Kitts & Nevis
    • Turkey
    • > Online Appointment Booking
  • Real Estate Projects
  • News & Events
    • Project Updates
    • Events
    • Career Opportunites
    • Immigration News & Updates
  • Contact Us