Tags Eurozone

Tag: Eurozone

President Pavlopoulos: Only the Issuing of a Eurobond Could Resolve Debt Crisis

The issuance of a type of Eurobond is the only way to resolve the debt crisis in the Eurozone, President Prokopis Pavlopoulos said during...

No Greek Delays in Implementing Prior Actions, Only ‘Challenges’

There is “no significant delay” so far in the implementation of the prior actions that will unlock the sub-tranche of the 2.8 billion euros...

IMF Urges Greece to Open ‘Closed Professions’

The International Monetary Fund proposed extensive interventions in the labor market to make it more “flexible” and limit youth unemployment according to its annual...

German Former Minister Yells Racist Attack at Greek Photoreporter

German former minister Peter Ramsauer of the Christian Social Union in Bavaria attacked a photoreporter during a meeting between Prime Minister Alexis Tsipras and...

Greek Unemployment Is More than Double the EU Average

The euro area seasonally-adjusted unemployment rate was 10.1 percent in May 2016, noting a 10.2 percent drop from April 2016 and from May 2015. While...

Valls-Tsipras Share Common EU Values: Road Map for the Future

French Prime Minister Manuel Valls released a joint statement with Greek Prime Minister Alexis Tsipras on Friday. "I came to Greece bringing a message:...

Pavlopoulos-Valls Focus on Terrorism and Refugee Crisis

Dealing with terrorism and ending the war in Syria as a means to halting migration were at the top of the agenda in a...

ECB Dashes Greek Hopes on Lifting ‘Waiver’ on Greek Bonds

All eyes were on the European Central Bank's (ECB) June policy meeting in Vienna on Thursday. Great expectations resulted in disappointment regarding Greece with...

Greeks Are EU Unemployment Champs: Over One Million Jobless in February

Eurostat, the EU statistics agency, calculated unemployment in Greece at 24.2 percent in February compared to 24.4 percent in January. In the Eurozone, the...

Schaeuble Expresses Optimism Over Greek Economy

  German Finance Minister Wolfgang Schaeuble expressed optimism on Monday regarding Greece's economic future following last week's deal with creditors to unlock its next tranche...

Eurogroup Reaches Deal on Greece: Full Statement

The May 24 Eurogroup issued a statement confirming that Greece will get its bailout loans and receive debt relief, through the new Greek programme....

Watch Eurogroup Meeting Conclusions at Press Conference [Live Streaming]

The Eurogroup meeting on Greece's bailout is currently taking place. It is hoped that Greece's creditors will approve the country's reform efforts following a...