Eurogroup
Economy
Eurogroup President: We Spent A lot of Time on Greece
Eurogroup President Jeroen Dijsselbloem addressed the Eurozone's performance in 2015, identifying the amount of time dedicated to Greece as a downturn.
In recapping an intense year for the Eurozone ahead of Monday's Eurogroup meeting in Brussels, Dijsselbloem touched on the positive and...
Economy
Greece Must Legislate 2nd Package of Prior Actions by December 11
The Greek government has a December 11 deadline to legislate the second package of prior actions in order to receive a tranche of 1 billion euros in financial aid, a European Union official said.
The December 7 Eurogroup will discuss...
Economy
Greece and Institutions Reach an Agreement on Second Package of Prior Actions, EU Commission Confirms
Greece has come to an agreement with the institutions on the reforms included in the second package of prior actions, European Commission spokeswoman Mina Andreeva confirmed.
She added that the implementation of the second package of prior actions, which is...
Economy
Greece and Creditors Agree on Second Package of Prior Actions
Greece and creditors have agreed on the second batch of prior actions required for the first bailout program review. The actions need to pass in Greek Parliament by December 8.
According to Kathimerini daily, the prior actions include:
Establishing an independent...
Economy
ESM Approves 2 Billion Euro Disbursment to Greece
The European Stability Mechanism's (ESM) Board of Directors authorized the disbursement of 2 billion euros to Greece, following the country’s completion of the first set of prior actions as demanded by creditors. In the ESM's announcement it is mentioned...
Economy
Dijsselbloem: 'Greece Fulfilled the Prerequisites, the Installment Will Be Disbursed'
Eurogroup President Jeroen Dijsselbloem announced that the Euroworking Group agreed that Greece had completed all the reforms highlighted in the first prerequisites for its bailout package, thus paving the way for ESM to disburse the first loan installment.
Here's his full...
Economy
The Eurozone Reportedly Delays Disbursement of Needed Bailout Funds to Greece
Representatives of the Eurozone's finance ministries were unable to officially approve the disbursement of two billion euros of bailout funds to Greece, as well as of the 10 billion euros for the country's bank recapitalization, during a Euroworking Group meeting in Brussels on Friday.
Real.gr cites European officials...
Economy
Commissioner Moscovici Confirms Greece-Creditors Agreement: 'It is a Good Day Today'
"It is a good day today," European Commissioner for Financial Affairs Pierre Moscovici said in reference to the agreement Greece and creditors reached on Tuesday.
"I am happy to confirm that agreement has been reached on the remaining measures needed...
Economy
Eurozone Οfficials Οptimistic Οver Νegotiations Βetween Greece and Ιnstitutions
A positive climate prevails among senior officials of the euro zone over the negotiations taking place in Athens with the view to reaching an agreement between institutions and Greek authorities.
Eurogroup president Jeroen Dijsselbloem welcomed the "good progress" achieved in...
Economy
Eurogroup Chief Optimistic that Greece Will Reach Agreement by Monday
Eurogroup President Jeroen Dijsselbloem expressed optimism that Greece will fulfill the prior actions required by Monday in order to receive the 2-billion-euro subtranche and an additional 10 billion euros for the recapitalization of Greek banks.
With some measures still pending,...