Greece
Diplomacy
Greek Finance Minister in 'Good Talks' with German Counterpart
There was a reported "positive atmosphere" in Berlin on Friday as Greek Finance Minister Euclid Tsakalotos met recently installed German counterpart Olaf Scholz.
Germany's finance ministry took to social media to describe the meeting as: "Good talks toward a new...
Greece
Protesting Firemen Meet With Finance Ministry Official Over Contract Demands
Representatives of the union of firemen hired on five-year contracts met with the director of Alternate Finance Minister Giorgos Chouliarakis in his office at the General Accounting Office on Wednesday, after holding a protest march in central Athens.
The firemen...
Economy
Chouliarakis Says Government Wants to Close 2nd Review as Soon as Possible; Even Before Christmas
The Greek government wants to conclude the second program review as soon as possible, hopefully even before Christmas, in order to achieve a staff-level agreement, Alternate Finance Minister Giorgos Chouliarakis said on Tuesday, speaking at the European Parliament’s Committee...
Greece
Greek Government Reshuffle Announced: Meet the New Ministers
Greek Prime Minister Alexis Tsipras had announced a government reshuffle for quite some time, however, speculation mounted on Friday with the long-awaited shake-up expected all day. The announcement was finally made at 10 p.m. on Friday by Olga Gerovasili.
The...
Economy
Greek Alternate Finance Minister: Capital Controls Gone by June 2016
Greek Alternate Finance Minister Giorgos Chouliarakis claimed that the capital controls that are currently restricting the Greek economy will be lifted by June 2016.
During a hearing at the Greek Parliament's Economic Affairs Committee, Chouliarakis claimed that liquidity in the Greek economy will be fully...
Economy
Greek Alternate FinMin: Despite Difficult Measures Greece Will Exit Recession
In the midst of high speculation that Greece will miss deficit targets required in the Bailout Deal, Greek Alternate Finance Minister Giorgos Chouliarakis commenced the discussion on the prior actions bill the Greek Parliament must legislate via a vote on Friday,...
Greece
Tsipras Hands Over Seat to Greece's First Female Prime Minister
Greece's departing Prime Minister Alexis Tsipras on Thursday handed over his seat to interim Prime Minister Vassiliki Thanou as the country goes to elections on September 20.
Alexis Tsipras welcomed newly sworn-in Prime Minister Vassiliki Thanou in his office at...
Economy
Greece Presents EU with Draft Post-Bailout Growth Plan
Greece has presented a draft plan of growth to its EU creditors that could be implemented after the end of the current bailout program in August.
Alternate Finance Minister Giorgos Chouliarakis briefed Eurozone officials about the plan at the Eurogroup...
Economy
Major Issues Resolved in Greece-Creditors Negotiations, Gov't says
The seven or eight major issues that were pending are resolved in the negotiations between Greece and creditors and only minor issues remain, a government source told the Athens News Agency on Thursday.
Talks to complete the second review...
Economy
Government Goes Over Issues of 2nd Review at First Meeting with Institutions
The progress made so far in negotiations and the issues that will dominate the second review of Greece’s program were discussed in the first meeting between the government and representatives of the institutions in Athens on Sunday, finance ministry...
Economy
Public Spending, Social Welfare, Labor Issues at Wednesday's Meetings With Institutions
Greece’s public spending, labor issues, social welfare and the strategy for development will be among the issues that will be discussed in the next round of meetings between government ministers and the institutions’ mission chiefs in Athens on Wednesday.
The...
Economy
Which 4 Issues Dominated Greece's Talks With Creditors on Tuesday?
Tuesday's meeting between Finance Minister Euclid Tsakalotos, Economy Minister Giorgos Stathakis, and Alternate Finance Minister Giorgos Chouliarakis with the representatives of Greece's creditors (European Commission, European Central Bank, European Stability Mechanism, International Monetary Fund) was dominated by four issues.
According...
Economy
Moscovici-Tsakalotos See Improvement in Reforms, Discuss 'Red Phone' on Crisis Management
The need to implement quickly the prior actions attached to the unlocking of the 2.8-bilion-euro aid installment for Greece and starting the second program review was discussed in a meeting between EU Economics Commissioner Pierre Moscovici and Finance Minister...
Economy
Greek Gov't Optimistic that Agreement is Imminent
The Greek government is optimistic that a deal with creditors will be signed within the next few days, based on statements by European Commission President Jean-Claude Juncker and European Council President Donald Tusk.
Sources from Maximos Mansion say that European...
Greece
Starting Price for Each New Greek TV License Set at 3 Mln Euros
Each of the four TV licenses which will be sold to private media channels in Greece will be auctioned at a starting price of three million euros, according to a joint ministerial decision issued on Tuesday by State Minister...