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Greece

Greek Energy Minister to Join Greek Negotiating Team in Brussels

  Energy and Environment Minister George Stathakis will join the Greek negotiating team in Brussels, ministry sources told the Athens-Macedonian news Agency on Tuesday, without specifying the date. Stathakis is currently in Berlin where he participated in the Berlin Energy Transition...

Chouliarakis: A Good Deal Today is Preferable to a Better Deal Tomorrow

A good deal today between Greece and its creditors is preferable to a better deal tomorrow, Alternate Finance Minister George Chouliarakis said in an interview with “Kathimerini” newspaper on Saturday. He believes the country will be included in the European...

ND Criticizes Alternate FinMin Chouliarakis for Missing EWG

New Democracy criticized the government and Alternate Finance Minister George Chouliarakis for missing a EuroWorking Group (EWG) meeting on Thursday to speak at an event at LSE in London. "While the second review is at a crucial point after...

Finance Ministers Tsakalotos and Sapin: 2nd Review Must Be Concluded ASAP

The second review of Greece's program must be concluded as soon as possible, French Finance Minister Michel Sapin and Greek Finance Minister Euclid Tsakalotos agreed on Wednesday, during a meeting focusing on issues linked to the review. The meeting was...

Greek Government Reshuffle Announced: Meet the New Ministers

Greek Prime Minister Alexis Tsipras had announced a government reshuffle for quite some time, however, speculation mounted on Friday with the long-awaited shake-up expected all day. The announcement was finally made at 10 p.m. on Friday by Olga Gerovasili. The...

Greek Ministers Discuss Budget Targets With Creditors

Targets of the Greek budget for 2017 were discussed at the meeting between Finance Minister Euclid Tsakalotos, Alternate Finance Minister George Chouliarakis and the institutions representing Greece's creditors on Monday. The talks focused on a number of issues: * The...

Greek Alternate Finance Minister: Capital Controls Gone by June 2016

Greek Alternate Finance Minister Giorgos Chouliarakis claimed that the capital controls that are currently restricting the Greek economy will be lifted by June 2016. During a hearing at the Greek Parliament's Economic Affairs Committee, Chouliarakis claimed that liquidity in the Greek economy will be fully...

Greek Alternate FinMin: Despite Difficult Measures Greece Will Exit Recession

In the midst of high speculation that Greece will miss deficit targets required in the Bailout Deal, Greek Alternate Finance Minister Giorgos Chouliarakis commenced the discussion on the prior actions bill the Greek Parliament must legislate via a vote on Friday,...

Greece Foresees 3.82 Percent Primary Surplus, 2.5 Percent Growth for 2018

The Greek 2018 state budget tabled on Tuesday night in Parliament foresees that the country will return to capital markets next year to strengthen liquidity in the secondary bond market. The budget plan envisages, among others, a new series of...

Troika Returns to Athens for New Round of Talks

Talks between Greece's creditors and the government on concluding the third review of the Greek program are due to begin today (Monday), when the heads of the institutions' missions return to Athens. This will be the first round of negotiations,...

Greek Independent Authority Sets 35 Million Euros Price for a TV Licence

The National Council of Radio and Television (ESR) has set the starting price for each of seven national television content licences put up for auction at 35 million euros - or 245 million euros in total. In a letter sent...

Tsakalotos: Eurogroup Decision Provides Greater Clarity for Greeks, Markets

Eurogroup's decision on Greece provides much greater clarity for both Greeks and the financial markets, but maybe not as much clarity as Greeks deserved, Finance Minister Euclid Tsakalotos said on Thursday, after the Eurogroup meeting in Luxembourg. In a joint...

Uniformed Workers Take to Streets in Protest of Pay Cuts

Thousands of police officers, port workers and firefighters took to the streets holding black balloons in their hands in protest of cuts in the special wages for those in uniform, as well as for the reductions that hide the...

All Eyes Turned to Washington for World Bank Group and IMF Spring Meetings

Finance Minister Euclid Tsakalotos and Alternate Finance Minister George Chouliarakis on Thursday will depart for Washington where the 2017 spring meetings of the World Bank Group and the International Monetary Fund will take place. The Greek ministers hope that...

Greek State Takes Over 'Megaron' Athens Concert Hall Debt

The Greek state is to take over the 'Megaron' Athens Concert Hall Organisation's unpaid debts. The debts were incurred from the European Investment Bank (EIB) for a 150-million-euro loan taken out in 2003, which was guaranteed by the Greek...