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EU & Democracy

Democratic Impact of EU Measures

Tag Archives: Structural adjustment

IMF’s Approval-In-Principle and Greece’s 3rd Program

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An exclusive look into the details of the Approval In Principle proceedure of the IMF, and its application on the 3rd Greek Financial Assistance Program: “…the options remain limited. Either the IMF will be satisfied with later, more detailed delineation of the debt relief measures and provide financing, or the Eurogroup will be pressured to […]

NEWS

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-  ΝΕΟ BLOG: κ. Αλέξανδρος Κυριακίδης “Το ΔΝΤ, το Ελληνικό Χρέος, και το 3ο Ελληνικό Πρόγραμμα” –  NEW ARTICLE  on the Greek Crisis and the EU-IMF assistance programmes by Alexandros Kyriakidis in IJES 24(2) 2016 – full article on “The Greek Crisis 2009-2015: A Comprehensive Analysis of the EU-IMF Financial Assistance Programs”

Τα Μέτρα Αναδιανομής και η Επιστολή Τσακαλώτου

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Η επιστολή του Υπουργού Οικονομικών δεν περιλαμβάνει νέες δεσμεύσεις, δεν ανακαλεί τα μέτρα που ανακοινώθηκαν από τον Πρωθυπουργό, ούτε και έρχεται σε αντίθεση με την υλοποίηση των μέτρων στην Ελληνική έννομη τάξη. Τα μέτρα που λήφθηκαν δεν φαίνεται να εμπίπτουν στο πλαίσιο της δέσμευσης αποφυγής μονομερών ενεργειών

Πότε μία χώρα “βγαίνει από το Μνημόνιο” ΕΕ-ΔΝΤ?

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Ως εκ τούτου, είναι πολύ σαφές ότι η Κύπρος είναι μακριά από την πραγματική έξοδο της από το πρόγραμμα οικονομικής βοήθειας ΕΕ-ΔΝΤ. Η Κύπρος είναι σε θέση να εξασφαλίσει οικονομικούς πόρους από τις αγορές, αλλά η επιτήρηση και αξιολόγηση των πολιτικών, ήτοι, επί της ουσίας το Μνημόνιο, θα παραμείνουν τουλάχιστον μέχρι το 2029 για την […]

When does a Eurozone Member State actually exit its EU-IMF bailout?

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While Cyprus is able to procure financial resources on its own, policy conditionality and monitoring is still in place, and will be for a substantial amount of time. The EU’s PPS will last at least until 2029, i.e. 13 years from now, while the IMF’s PPM will last until Cyprus has repaid more than €820 […]

Democracy and Eurozone structural adjustment programmes

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The truth is that the legal basis underpinning the arrangements for more EP participation in the Eurozone’s structural adjustment programs is rather thin and, hence, the presented democratic improvement is somewhat limited.

Is the IMF necessary for the 3rd Greek Program?

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The legal provisions do not not commit the IMF to accepting the request of the Eurozone Member State concerned; in this case Greece. However, on the EU’s side, it seems necessary for a Eurozone Member State that receives financial assistance through the ESM to request similar assistance from the IMF. In either case, Greece already […]

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