Eurogroup
Economy
Greek Government Rushes to Meet Sunday Deadline for Debt Deal
The Greek finance ministry team is racing with time to come up with a comprehensive proposal in order to reach an agreement with creditors by Friday.
The Greek proposal will be discussed on Saturday's Eurogroup. On Sunday, there will be...
Greece
EU Leaders Release Statements after Euro Summit on Greece (Video)
The leaders of the European Union met today in Brussels to begin talks on Greece and a new Greek bailout agreement after the July 5 referendum.
Below is their full statement after tonight's Euro Summit:
1. We met tonight to discuss...
Economy
Obama and Tsipras Talk Before Euro Summit
Greek Prime Minister Alexis Tsipras and U.S. President Barack Obama had a phone conversation prior to Tuesday evening's Euro Summit.
Tsipras laid out the proposals the Greek side presented in the Eurogroup earlier today. Obama expressed the United States' hope for a...
Economy
Hollande-Juncker-Merkel Call for Greek Solution Prior to Meeting With Tsipras
Upon their arrival for a meeting with Greek Prime Minister Alexis Tsipras in Brussels, prior to the scheduled Euro Summit, European Commission President Jean-Claude Juncker, French President Francois Hollande and German Chancellor Angela Merkel commented on the potential for...
Economy
Eurogroup President: 'We Hope We Get Greek Proposal Tomorrow'
Eurogroup President Jeroen Dijsselbloem said that he expects Greece's new proposal on its debt the latest by tomorrow because the time frame for Greece is increasingly short.
"We believed that there will be proposals, we must have new proposals sent...
Economy
European Commission VP: The 'No' in Greek Referendum Complicates Negotiations
The 'no' vote in the Greek referendum complicated things and a new bailout program for Greece cannot be negotiated without a mandate from the Eurogroup, said European Commission Vice-President Valdis Dombrovskis at a daily news conference by the Commission.
"The...
Economy
Europe and Greece on a 48-Hour Frenzy of Meetings
Greece's place in Europe might be determined within the next 48 hours with a barrage of meetings, teleconferences and a Eurozone summit on Tuesday.
On Monday there will be a teleconference between European Commission President Jean-Claude Juncker, Eurogroup President Jeroen Dijsselbloem,...
Economy
As Greek Tragic Hero Iphigenia, Varoufakis Was Sacrificed at a Higher Power's Will
As a modern day Iphigenia, Yanis Varoufakis had to be sacrificed from his post in the Ministry of Finance in order for the Greek negotiations team to embark on its difficult journey to Brussels and re-negotiate a deal for...
Greece
Greece's Finance Minister Yanis Varoufakis Resigns; Full Statement
Yanis Varoufakis has resigned from his post as Greece's minister of finance, the economics professor and SYRIZA member announced.
Here is his full statement titled "Minister No More!" as it was posted on his site:
The referendum of 5th July will...
Greece
Eurogroup President Dijsselbloem on Greek Referendum Result; Statement
Eurogroup president Jeroen Dijsselbloem said that Greeks will regret the NO result of their referendum that rejected a deal his institution and the rest of Greece's creditors had put on the negotiations table.
Here's the full statement:
I take note of...