Euclid Tsakalotos
Economy
Greek Gov't Reaches Agreement With Creditors, Negotiations Over
The discussion between Athens and the creditors is expected to come to an end on Saturday, December 12, when the new multi-bill will be submitted to Greek Parliament. The bill will include the 13 prerequisites that will green-light the...
Economy
Thorny Issues Remain Unresolved in Greece-Creditors Negotiations
The opening of the energy market, the privatization fund and the management of bad loans are the issues stalling negotiations between Greece and creditors.
The issues need to be resolved by Friday night at the latest, otherwise Athens will be...
Economy
FinMin Tsakalotos: Greek Programme on the Right Track
Greek Finance Minister Euclid Tsakalotos said that the Greek programme is moving in the right direction adding that the government will continue the hard work.
Upon his arrival to the Ecofin meeting in Brussels on Tuesday, Tsakalotos stressed that the...
Economy
The 'Forgotten' Greek Economic Crisis
Europe might seem to have lost interest in the Greek economic crisis due to the latest terrorist attacks and the refugee crisis but this doesn't mean interest will not return. The same can be said about Germany's Finance Minister Wolfgang...
Greece
Greek Finance Minister Calls for a Deal on Greek Debt by March
Greece's Finance Minister Euclid Tsakalotos said on Monday that a deal on the country's debt must be reached as quickly as possible, since any delays would postpone important decisions for Greece's economy.
He warned against "returning to the solutions given until...
Economy
Impact of Capital Controls Was Smaller Because of Successful Government Action
There were economic consequences from the imposition of capital controls but the government deserves some credit for succeeding in limiting them with its actions, Finance Minister Euclid Tsakalotos said on Tuesday during a speech at parliament for the approval...
Economy
Greek Gov't to Raise Fee on Lottery Games in Place of 23% VAT Rate on Private Education
The Greek government will replace revenue from scrapped plans to impose 23% VAT on private education by raising a fee on lottery games operated by OPAP, according to an agreement reached between Greek authorities and the country’s creditors on...
Economy
Fin Min: Greece to Return to Bond Markets Second Half of 2016
Greek finance minister Euclid Tsakalotos told Reuters that Greece plans to return to bond markets in the second half of 2016.
Tsakalotos was in London on Tuesday to speak to international investors and meet with hedge funds. He reiterated that...
Economy
Eurogroup Denies Disbursement of 2 Bln Euros to Greece Amid Incomplete Negotiations
Greek Finance Minister Euclid Tsakalotos was unable to convince his Eurozone counterparts to grant the provision of two billion euros of bailout funds to Greece, during Monday's Eurogroup in Brussels.
This outcome was expected due to the deadlock between the Greek government and the institutions- the European...
Economy
Greece Falls Behind on Prior Actions Schedule, Tsipras Calls for Political Solution
Greece has fallen three weeks behind schedule on the prior actions schedule as Sunday's Euro Working Group teleconference failed to result in an agreement with creditors.
Monday's afternoon meeting of Eurozone finance ministers will be almost entirely dedicated to Greece. However,...