Greek government
Economy
Greek and Eurozone Officials Leak that Eurogroup Reaches an Agreement
The nineteen Eurozone Finance Ministers appear to have reached an agreement at the Eurogroup meeting being held now in Brussels. The agreed drafted outline will form the basis for keeping liquidity flowing to Greece, while extending the country’s bailout...
Education
Greek 'Model School' Board Resigns
The governing board members of 60 Greek experimental and model schools (DEPPS) submitted their resignation on Thursday, February 19, after an argument with the Greek Minister of Education Aristidis Baltas.
The Greek Minister has made it his mission to put...
Economy
Greek PM Tsipras – German Chancellor Merkel Hold 'Constructive' Telephone Conversation
A constructive fifty-minute telephone conversation between the Greek Prime Minister Alexis Tsipras and the German Chancellor Angela Merkel was held on Thursday afternoon, only a few hours ahead of today’s crucial Eurogroup meeting in Brussels. According to a Greek...
Economy
Former French President d'Estaing: The Solution for Greece Would Be a Friendly Exit
Former French President Valery Giscard d'Estaing expressed the opinion that a viable solution for Greece would be the country's exit from the Eurozone in order to devalue its new national currency and increase its economic competitiveness, although he firmly ruled out...
Economy
Greek Gov't Unveils Program to Boost Repayment of Overdue Tax Debt
The Greek government on Wednesday unveiled a package of generous incentives -- including a haircut of debt by 50% -- aimed at boosting collection of overdue debt to the state.
Greek Finance Alternate Minister Nadia Valavani, presenting the government plan...
Economy
Greece to Submit Loan Agreement Extension Request, Differentiating it From the Memorandum
The Greek government has confirmed its intention to apply for an extension of its loan agreement tomorrow morning in order to avoid the danger of running out of liquidity by the end of February -when the current bailout program...
Greece
Greece's Negotiation Plan: 6-Month Bailout Extension; No Memorandum
Greece's government is planning to request a six-month extension of the 240 billion-euro loan set to expire at the end of February, but without extending the current memorandum and its austerity measures previous Greek governments had signed as part...
Economy
Foreign Media Reports On Eurogroup's 'Shipwreck' Meeting
Foreign media rushed to cover the February 16 Eurogroup meeting which ended with no deal between Greece and its European partners. The Wall Street Journal wrote about a “talks break down amid deep divisions over bailout," while the Guardian...
Economy
Eurogroup: Greece's Government Rejects Memorandum Extension; Remains Hopeful
Eurozone finance ministers met to discuss the way forward for Greece in the context of the upcoming expiry of the country's current economic adjustment programme.
The discussions were based on the technical work carried out over the past few days,...
Economy
Read the Draft Eurogroup Statement Rejected by Greece
Eurozone Finance Ministers abruptly concluded the Eurogroup meeting without reaching to an agreement over a new Greek program. Earlier today, the newly elected Greek government has rejected a draft statement that the European officials prepared for the meeting....