Eurogroup
Economy
Greece's Last Attempt to Reach Agreement with Creditors
The Greek Prime Minister Alexis Tsipras’ personal envoys arrived in Brussels on Saturday morning in order to attempt to bridge the difference between Greece and its creditors.
Greek Deputy Prime Minister Yiannis Dragasakis, State Minister Nikos Pappas and Deputy Minister...
Economy
Greek State Minister: Wherever the IMF Goes, Harsh Austerity Is Imposed
Greek Minister of State for Coordinating Government Operations Alekos Flambouraris left insinuations over the International Monetary Fund's stance and referred to "games on IMF's part" speaking to Greece's public broadcaster ERT on Friday.
He also proposed the IMF's withdrawal from the negotiations and...
Economy
Eurogroup Chief: Greece Must Make Tough Decisions, But Deal Is Possible
Eurogroup President Jeroen Dijsselbloem said that "Greece must make difficult decisions to avoid a default," but a deal is still possible before June 30.
The Eurogroup chief argued that an agreement with creditors by the end of June is still possible,...
Economy
Tsipras, Merkel, Hollande Agree to Intensify Talks
The meeting between Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande was concluded early on Thursday with the agreement to intensify talks and reach a deal before the end of June.
The three leaders met on the...
Economy
WSJ Foresees Elections and Third Memorandum for Greece
If Greece wants to avoid bankruptcy, an agreement must be reached in the next few days, writers in the Wall Street Journal (WSJ) estimated, noting that the Greek government and institutions may have to wait until winter to "seal" a third...
Economy
German Chancellor not Acting Alone in Initiatives for Greece
German Chancellor Angela Merkel is not acting alone, spokesman Steffen Seibert said on Wednesday when asked about Merkel's initiatives on Greece, such as the "mini-summit" she convened in Berlin on Monday night, and whether she was empowered to take them.
"What...
Economy
Eurogroup Chief to Join Talks Between Greek PM Tsipras and EC President
Eurogroup President Jeroen Dijsselbloem will participate in emergency talks between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker on Wednesday evening in Brussels.
Tsipras will present Juncker with a 47-page plan of proposed reforms, while Juncker will...
Economy
Creditors Pour Cold Water On Greece Talking About 'Slow Progress' And 'Vague Proposals'
As Greece is struggling to reach a deal over austerity measures with its European creditors in order to unlock the vital €7.2 billion euros it desperately needs and make a €300-million payment to the International Monetary Fund (IMF) on Friday, Eurogroup President Jeroen...
Economy
European Commission: 'June 30 Remains the Only Deadline for a Greek Deal'
As the Greek government is under pressure to agree to economic reforms with its international creditors in order to unlock new financing, the European Commission continues to signal tough stance regarding the ongoing talks with Greece.
European Commission spokeswoman Mina Andreeva said on Monday...
Economy
Greek Economy Minister: Agreement Within the Next Days
"Deal exists," stated Greek Economy Minister Giorgos Stathakis in an interview to Italian newspaper Corriere della Sera, clarifying that he foresees that "the deal will close within a few days" and a "Eurogroup to approve financing will follow."
Answering a...