Eurogroup
Economy
Euro Working Group Head Thomas Wieser Labels IMF Demands 'Ridiculous'
In an interview with Austrian newspaper "Salzburger Nachrichten," Euro Working Group Head Thomas Wieser expressed his positive outlook for Greece in the upcoming June 15 Eurogroup and at the same time didn't hesitate to label the excessive demands of...
Economy
PM Tsipras: Exit from the Crisis a National Goal
The claim of a final exit from the crisis, sustainable and socially fair, after seven years of recession is a national goal and not simply the government's political goal, underlined Greek Prime Minister Alexis Tsipras in a post on...
Economy
Athens to Seek Debt Relief Solution at EU Summit, Probably Loses QE Program
Greek government sources said late on Thursday evening that Athens would reject the solution proposed at the June 15 Eurogroup and transfer the issue to the June 22 EU Summit.
The decision came after leaked statements by European officials who...
Economy
Deciding on Greece’s Fate Behind Closed Doors Cannot Continue, Says Moscovici
Deciding on Greece behind closed doors and without accountability cannot continue forever, Economic Affairs Commissioner Pierre Moscovici said on Thursday, speaking at the Brussels Economic Forum and called for more democracy and transparency in the decision-making process of the...
Greece
Greece Needs National Plan to Exit the Crisis
Greece must make it clear, ahead of a crucial Eurogroup meeting in June 15, that a debt relief cannot be postponed constantly to the future without consequences, Yiannis Dragasakis vice-president of the Greek government said on Tuesday.
Addressing a 5th...
Economy
Greek FinMin: We Either Find a Solution to Greek Problem or Euro Zone Pays the Cost of Delay
We either find a solution to the Greek debt problem or the euro zone pays the cost of the new delay, Greek Finance Minister Euclid Tsakalotos told foreign correspondents on Monday.
According to Tsakalotos, the ideal scenario in the next...
Economy
Greece Striving for Solution by June 15, PM Tsipras Says
The Greek government is striving for a comprehensive solution on June 15, Prime Minister Alexis Tsipras told reporters on Monday, after a joint press conference with Estonian Prime Minister Jüri Ratas and their meeting at the Maximos Mansion.
A solution...
Economy
Draghi: ECB Waiting for Measures That will Make Greek Debt Sustainable Long-Term
The European Central Bank (ECB) is waiting for the measures that will make Greek debt sustainable in the long-term in order to decide on Greece's participation in the quantitative easing program, central banker Mario Draghi said on Monday, testifying...
Greece
Greece has a Strong Negotiating Position, Gov't Spokesman Tzanakopoulos Says
Greece has a strong negotiating position, government spokesman Dimitris Tzanakopoulos said on Monday in statements to ANT1 TV. As he said, the goal is a clear solution to the Eurogroup on June 15, in order to pave the way...
Greece
German Newspaper: Individual Interests Delay Greece's Return to Normality
German newspaper Sueddeutsche Zeitung revealed on Saturday an internal document of the Eurogroup which shows that although Greece was praised for its progress, the loan disbursement was delayed because of a disagreement among the lenders.
"Greece must wait because they...