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It is a real pleasure to be back in Nicosia. Last year it was not possible for me to come because of the pandemic. Now as we are moving out of the health crisis, it is possible again and I always feel welcome when I visit Nicosia and have talks with the Cypriot government.
We had a very good discussion this morning. There is excellent cooperation between the Finance Ministry and the ESM. We discussed the economic outlook and the fiscal situation, the budgetary situation.
The ESM implements its funding strategy in collaboration with several international institutions which comprise the ESM Market Group.
“The economic landscape in Europe and Cyprus: opportunities ahead”
17th Annual Cyprus Summit
Nicosia, 15 November 2021
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Good afternoon,
It is a pleasure to be back in Nicosia and to speak to you today.
ESM Chief Economist Rolf Strauch
Interviewer: Bilal Hafeez
Macro Hive Market Research
Language: English
Recorded: 27 October 2021
Publication date: 12 November 2021
The economic editorial "A think tank called ESM" by Werner Mussler (F.A.Z., November 8) contains distortions that I would like to clarify. In mid-October, the European Commission hosted a broad discussion in Brussels on the reform of the Stability and Growth Pact. Nevertheless, the article suggests that an economist who has worked extensively on the European Stability and Growth Pact for more than 25 years had better keep quiet.