10 yrs ago we were on our way to a second MoU. 6 yrs ago on our way to the booths for a surreal referendum that led to a third.
Today our 4000 page long plan is one of the first to get approved. No matter what political party you support, this is a huge day for #Greece. 🇬🇷
🇪🇺🇬🇷For anyone in Thessaloniki this weekend: join us tomorrow at 12:00 for the annual Thessaloniki Fair (Ministry of Finance stand, no 15, stand 43).
We will be discussing the impact of the Recovery and Resilience Plan on employment and skills.
#ΔΕΘ#NextGenEU
#NextGenerationEU keeps on delivering every day. Read more about the impact of Greece’s Loan Facility on investment by firms, with its first economic analysis by @ecfin colleagues. economy-finance.ec.europa.eu…
Starting 🔜
🎙️ Don't miss our Twitter Space on "What is economic growth❓What is GDP and why this matters❓" with @terzibus and @CKattami , economic analystis at @ecfin .
🔴 Join us online at 12:15 👉
#EYY2022#EuropeanYearofYouth
More, less or better growth? Humanity’s solution or our doom?
Join us tomorrow with @terzibus as we uncover what growth is and what it should be at @ecfin’s Twitter space tomorrow at 12:15.
👇
The Spring Package of the European Semester is out today.
Together with #REPowerEU and #RRF, the Semester is the action plan to end RU dependency & steer investments to the green & digital future.
Yet another milestone package in the EU’s econ governance. Proud Ecfineer.
Big day for the Union today.
#RepowerEU aims to replace Russian fossil fuels by saving energy, diversifying energy imports away from fossil fuels & accelerating the clean energy transition.
High time to end our energy dependence on Russia.
“No one controls wind and sun. Together, we stop being hostile to those who produce fossil fuels.”
A powerful start to the #EUBEF22 by @SecYellen on the transatlantic future for geopolitics, energy, tax, trade, values.
Kudos to @ecfin for what promises to be a great day.
Today, I was a volunteer representing my department @ecfin at the #EUOpenDay but also a curious citizen exploring the institutions.
A great day to get inspired by our role models, as I am in this picture, and dream about the Union’s future. 🇪🇺
Today’s #EUOpenDay offers a great opportunity for everyone to see up close and personal the EU institutions.
Btw @CKattami hope all your dreams come true…
#EuropeDay
30% of NGEU financing (250 bn) will be realized through green bonds.
Yesterday’s first green bond issuance was 12 bn, and the final order book was over 135 bn. It was oversubscribed 11 times.
This marks the largest green bond issuance ever. (1/3)
This first issuance has a 15 yr maturity, due in 2037.
All NGEU loans given to counties are due in 2058. Loans are used only in some MS so far (IT, EL, PT, RO, SI, CY) but the amount remains significant.
Between those years, the tax payer will be the next generation. (2/3)
Instead of borrowing against it, NGEU should be investing in the next generation, and at least reducing its future costs (such as fighting and spending on climate change). Green bonds are a stellar way to do that. Yesterday was a big day 🇪🇺 (3/3)
ES spring package:
-Only 3 MS (usual suspects Sweden & Denmark, and a surprising Bulgaria) fit the deficit 3% criterion
- Half of MS (13) don’t fit the debt 60% criterion: includes Austria & Finland
- Escape clause expected to be deactivated in 2023
ec.europa.eu/commission/pres…
Μια όμορφη, γιορτινή βραδιά για τα 40χρονα της Ελλάδας στην Ευρώπη. Στο Ζάππειο, όπου όλα ξεκίνησαν, γιορτάσαμε μαζί με την ηγεσία της ΕΕ μια ευρωπαϊκή Ελλάδα ώριμη, δυνατή, με αυτοπεποίθηση που είναι πια συνιδιοκτήτης και πρωταγωνιστής, όχι απλά συμμέτοχος στην ενωμένη Ευρώπη.
Personal news: from this month onwards, I am very excited to be moving back to DG @ecfin and joining the Commission's Recovery and Resilience Facility team, working on the green transition in the #RRF and in the #EUGreenDeal initiatives. 🌍🇪🇺
Wow what a night. Some final thoughts:
😷: What Dutch broadcaster NOS and the EBU accomplished this week was incredible. They had the courage to be the first in the world to attempt a major international event in the pandemic and it succeeded.
Tonight was exactly what we needed