Greece

Greek Prime Minister Alexis Tsipras has appointed Euclid Tsakalotos as Greece's new Finance Minister after the resignation of Yanis Varoufakis. Tsakalotos was Alternate Minister of International Financial Affairs and had been appointed as chief of Greece's negotiating team after lenders...

Speaking at an event in Paris on Wednesday evening, Greek Finance Minister Euclid Tsakalotos admitted that the SYRIZA government made mistakes during the 2015 negotiations with European and international creditors of Greece. Tsakalotos said in front of an audience at the...

As elderly Greeks face losing up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019 a government minister has confirmed that pensions under €1,000 will also be included. Deputy Minister for Social Security Tasos Petropoulos...

There was a reported "positive atmosphere" in Berlin on Friday as Greek Finance Minister Euclid Tsakalotos met recently installed German counterpart Olaf Scholz. Germany's finance ministry took to social media to describe the meeting as: "Good talks toward a new...

A group of around 30 people believed to be members of the Greek anarchist group Rouvikonas (Rubicon) stormed the Finance ministry in the center of Athens. The group entered the main entrance of the building at Nikis Street and reached...

Finance minister Euclid Tsakalotos has warned his party's MPs that if foreclosed home auctions don't resume, Greek banks could be facing recapitalization issues. Speaking to SYRIZA parliamentarians, Tsakalotos was referring to the notaries' announced abstention from duty until December 31,...

Greek Finance Minister Euclid Tsakalotos admitted in parliament on Thursday that the government has overtaxed the middle class and professionals in order to protect poorer Greeks. On Wednesday, Deputy Finance Minister Giorgos Chouliarakis addressed the House saying that, "The tax...

Christine Lagarde and Greek Finance Minister Euclid Tsakalotos agreed that a timely completion of the third review of the Greek bailout is essential for discussions on debt restructuring to gather pace. The Managing Director met Tsakalotos at the IMF headquarters...

Greek Finance Minister Euclid Tsakalotos and his deputy, George Chouliarakis, will meet with the head of the International Monetary Fund, Christine Lagarde on Saturday. The meeting will be held in Washington on the sidelines of the IMF’s annual meeting. The meeting...

Finance Minister Euclid Tsakalotos referred to the new environment created for the Greek economy, the conclusion of the third review and the country's exit from the crisis in an interview with the Sunday newspaper Nea Selida. Tsakalotos expressed his certainty...

Greek Finance Minister Euclid Tsakalotos predicted that in the next two years Greece would be overwhelmed by foreign investment that could become difficult to absorb. In an interview with private TV station ANT1 on Wednesday evening, Tsakalotos brushed aside concerns...

Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018, Finance Minister Euclid Tsakalotos said on Friday after a meeting of euro zone ministers in...

Government spokesman Dimitris Tzanakopoulos said that Finance minister Euclid Tsakalotos will most certainly remain in his post until the end of the upcoming bailout negotiations with Greece's international lenders in August 2018. "I'm certain that Mr. Tsakalotos will be negotiating...

The Greek government doesn't question the quality of the statistical data on which the country's adjustment programme is based on, Finance Minister Euclid Tsakalotos was quoted as telling the German newspaper Die Zeit. Tsakalotos was commenting on an article about...

Greek Finance Minister Euclid Tsakalotos expressed his confidence that the ESM will approve the disbursement of a loan tranche to Greece on Friday. Speaking to reporters, after a teleconference held by the European Stability Mechanism in which he participated, Tsakalotos...