agreement
Economy
Creditors Finalize Text of Bailout Agreement for Greece
Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report.
Top officials from European institutions and the International Monetary Fund have sent a draft of the...
Economy
Tsipras: Greece has Presented Comprehensive Proposal for Deal
Prime Minister Alexis Tsipras stated on Tuesday that Greece has presented to international creditors a comprehensive list of reforms in order to achieve an agreement.
Tsipras spoke to the press after his visit to the education ministry. Referring to the...
Economy
Germany-France Leaders: Greek Deal Should be Reached Soon
Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon.
At the same time,...
Economy
U.S. Warns Against World Economy Effects of Potential Greek Default
The United States through Treasury Secretary Jack Lew warned on Friday of a possible negative effect for the world economy if Greece and its creditors miss their deadline to avert a debt default.
As the deadlock in negotiations between Greece...
Economy
Greece Willing to Make Concessions to Secure Agreement
The Greek government is willing to make concessions by pushing back its anti-austerity program in order to secure an agreement with creditors, Greece's interior minister said.
As loan repayments loom large and state coffers are emptying at an alarming rate,...
Greece
Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement
There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday.
According to the source, there were only "very few elements...
Economy
Greek Alternate FM: 'The Government Will Not Just Sign Any Agreement'
"The government will not sign any agreement," Greek Alternate Minister for International Economic Relations Euclid Tsakalotos on Friday said in an interview with "Agora" newspaper. Asked on the Greek government priorities (salaries and pensions or loan obligations), he said...
Economy
German FinMin: Greece Has Until End of June to Reach Deal
German Finance Minister Wolfgang Schaeuble said "the financial assistance program to Greece will expire on June 30, this is the deadline given to Greece."
Schaeuble spoke on Friday in a news conference following a meeting of finance chiefs of the...
Economy
Greek FinMin Varoufakis: There Will Only Be One Good Agreement
There will only be one good agreement...this negotiation has dragged on enough...it will include the pension system, labor market and the public debt," Greek Finance Minister Yanis Varoufakis said on Friday.
In a radio interview, Varoufakis said there was convergence in...
Economy
SYRIZA MP: Greece Is Prepared for All Possible Scenarios
SYRIZA Parliamentary Spokesperson Nikos Filis said that Greece is seeking a deal with lenders but is also prepared for all possible outcomes in negotiations.
Filis spoke to Mega television on Friday saying that the government is taking all precautions to...