Eurogroup

Greece's game of reaching a bridging deal with its European partners during the meeting of Eurozone Finance Ministers on Thursday afternoon in Luxembourg seems to have been lost and plans are currently underway for a top political level meeting this coming Monday. European...

As the Greek government is not willing to make more concessions in negotiations and asks for a political solution, the European Commission and the European Central Bank are preparing a new plan to present to Greece. According to a report...

"Germany's efforts aim at keeping Greece in the Eurozone, so that the people in Greece have the prospect of a better future," as in Ireland, Cyprus and other countries, German Chancellor Angela Merkel said in Parliament ahead of the...

Greek Finance Minister Yanis Varoufakis said on Wednesday he discussed an “ambitious reform agenda” with OECD Secretary General Angel Gurria, as well as an “agreement at a political level,” while he noted that he does not expect a deal at...

During a parliamentary hearing in Berlin, Finance Minister Wolfgang Schaeuble said that Germany is initiating emergency plans in case Greece fails to reach an agreement with creditors on the release of new bailout funds by June 30, Brendan Greeley revealed on “Bloomberg Surveillance." According to members who...

Greek Finance Minister Yanis Varoufakis will meet with the Organization for Economic Co-operation and Development (OECD) Secretary General, Angel Gurria, in Paris on Wednesday afternoon, Greece's Finance Ministry announced. Varoufakis and Gurria will discuss a wide range of issues that include reforms in retail,...

Eurozone officials are preparing an emergency plan for Greece as it is unlikely that there will be any development on Thursday's Eurogroup in Luxembourg and Greece is heading to a default. According to a report on Greece's ANT1 television on...

Greek Finance Minister Yanis Varoufakis late on Monday said that the three institutions have different red lines. "It is one thing to negotiate with one institution and another thing to negotiate with three institutions that do not want the same...

Greek Finance Minister Yanis Varoufakis, speaking to radio station "Sto Kokkino," on Monday appeared optimistic about the next day of the interruption of the negotiation. "Today is a very nice day, we have finally come to the moment of clarity....

The European Central Bank meeting on Wednesday will be crucial for Greece as bank governors, such as Bundesbank's Jens Weidmann, will certainly ask for a warning message to be sent to Greece regarding liquidity. European bankers who hold a hard...