Eurogroup
Economy
German Chancellor Merkel Pushes for Reforms, Greece Has Done Its Part, PM Tsipras Says
Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel held a meeting earlier today on the sidelines of the European Union summit on migration policy. According to the first reports emerging from the two leaders' meeting, Merkel pushed Athens to...
Economy
Greek Official: No Agreement With Creditors, Political Solution Only Way
There is no way we can reach an agreement with creditors before June and a political solution is the only way, said General Secretary of Fiscal Policy Nikos Theocharakis.
Theocharakis, who is the head of the Greek negotiating team, described...
Economy
Euro Working Group Teleconference on Greece Concludes
The Euro Working Group (EWG) teleconference, in which Greece participated with Greek Finance Ministry general secretary Nikos Theocharakis and economic experts' team head George Houliarakis who are currently in Paris, concluded on Wednesday evening.
After the teleconference, the institutions' representatives returned to the...
Economy
European Officials Have Limited Expectations on Greek Issue Ahead of Eurogroup
The German Finance Ministry is rather skeptical ahead of Friday's Eurogroup in Riga, Latvia, where Greece's proposed reforms list will be examined. According to Finance Minister Wolfgang Schaeuble's spokesperson Martin Jaeger, Berlin has limited expectations from the Riga meeting regarding Greece's...
Economy
ECB Executive: Eurozone Needs Greece
European Central Bank (ECB) Executive Board member Benoit Coeure highlighted earlier today that the rest of the Eurozone needs Greece to stay in the currency bloc, just as much as the country itself needs the single currency, while he characterized...
Economy
No Agreement With Greece Until June, Brussels Predicts
Greece will not come to an agreement with creditors before June 30 when the bailout extension expires, European Union officials in Brussels predict.
Negotiations had stalled and recommenced on Saturday in Paris, but they ended without any progress. European partners...
Economy
Eurogroup President: Grexit Not An Option
His expectation that a deal will soon be reached between Athens and its creditors expressed Eurogroup President Jeroen Dijsselbloem earlier today. As he explained, Greece's presence in the single currency is not only in the interest of Athens but also in...
Economy
Greek PM Tsipras to Meet with German Chancellor Merkel on Thursday
Greek Prime Minister Alexis Tsipras is expected to meet with German Chancellor Angela Merkel on the sidelines of a European Union summit to be held in Brussels on Thursday, only a day ahead of the crucial meeting of Eurozone Finance...
Economy
Brussels Group Meeting in Paris Continues on Monday and Tuesday
The Brussels Group meeting in Paris, which was held during the weekend, continues on Monday and Tuesday, European Commission spokesperson Margaritis Schinas said on Monday.
Schinas said that discussions continue both on political and technical level and noted that the pace...
Economy
Greek Govt Vice President: We Will Not Cross Our Red Lines in Negotiations
The Greek government's intention not to cross the red lines it has set in regards to the ongoing negotiations with the country's partners expressed, yet again, yesterday government Vice President Giannis Dragasakis. In an interview to Greek newspaper "To Vima," published...