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Tag: Mariano Rajoy

EU Economic Affairs Commissioner Pierre Moscovici (C) talks with Michalis Chryssohoidis, Greek Minister for Infrastructure and Transport, and the President of the Athens Metro, Mr. Christos Tsitouras (L) during their visit to the under construction Korydallos metro station, west of Athens on December 15, 2014. Moscovici is in Athens on a two-day visit ahead of the first round of a snap presidential election that will determine whether Greece will be forced to hold early elections.

EU Warns Spain On Budget As Election Nears

The European Commission on Monday warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections. Spain should “take the necessary measures within the national budgetary process

Tsipras_AP

Spanish Budget Minister to Greece: Respect EU Austerity Rules ‘As We Did’

Spanish Budget Minister Cristobal Montoro has categorically rejected any attempts to “change the rules” regarding austerity measures imposed on Greece by European Union regulations. “Europe is a club of democracies, and entering is voluntary,” he stated, implying that, should Greece’s new government refuse to impose austerity measures, they can leave the EU.