Greece
Diplomacy
FYROM's President Calls For Boycott of Referendum on Greek Deal
FYROM's President Gjorge Ivanov has called for voters to boycott an upcoming referendum on the country's name change, saying the country was being asked to commit "historical suicide."
"Voting in a referendum is a right, not an obligation," Ivanov said...
Economy
EU's Moscovici Says Greek Deal Will be Struck at June 21 Eurogroup
European Commissioner Pierre Moscovici has said a final agreement covering Greece's post-programme period, surveillance and debt relief will be reached at the June 21 Eurogroup meeting.
In an interview with the newspaper Kathimerini on Tuesday, Moscovici said: "I am certain...
Economy
German FinMin Schaeuble: Greek Deal Important but Work Still Needed
A spokesman for German Finance Minister Wolfgang Schaeuble said on Tuesday that the Greek deal of reforms concluded by Greece and its lenders is an important "intermediate step," but work is still needed.
The German Finance Ministry spokesman also said...
Business
VW's Greek Dealership: 'Demand for German Cars Hasn't Been Affected' by International Scandal
The head of Greece’s dealership of troubled German car maker Volkswagen said on Tuesday the company is ready to assist customers who have bought cars fitted with the illegal software.
The software was fitted to diesel vehicles that allowed for...
Economy
Finnish Finance Minister: Further Steps Needed for a Greek Deal
On Tuesday afternoon, Finnish Finance Minister Alexander Stubb cooled down talk of a final agreement between Greece and its international creditors.
Greece and creditors reached an agreement earlier on Tuesday, after a thorough 24-hour review of all the reforms included in the Memorandum.
However,...
Economy
SYRIZA Political Secretary Joins Dissidents and Opposes Greek Deal
Tasos Koronakis, Secretary of the Political Commitee of SYRIZA, joined the group of dissidents in the Greek government who oppose the new bailout deal Pime Minister Alexis Tsipras has signed.
The meeting of the SYRIZA Political Secretariat that took place...
Economy
France Seen as Crucial Pacifier in Progress Made Toward Greek Deal
The progress in the Greek deal, despite the fact that Germany was preparing for a Grexit, is seen by analysts as a triumph for France, said an AFP report.
France was the country that called for solidarity and the need...
Economy
SYRIZA's Left Platform Against Greek Deal with Austerity Reforms
As the Greek government has made a request to the European Stability Mechanism for a new bailout package, members of SYRIZA's "left platform" proclaim that they are against a "humiliating" deal that would include austerity measures, and some even...
Economy
No Greek Deal At Eurogroup Meeting – Euro Summit On Monday
Greece's game of reaching a bridging deal with its European partners during the meeting of Eurozone Finance Ministers on Thursday afternoon in Luxembourg seems to have been lost and plans are currently underway for a top political level meeting this coming Monday.
European...
Economy
U.S. Hopeful on Greek Deal to Avoid World Impact
The U.S. government expressed hope that an agreement between Greece and its lenders would be signed before June 30, when the cash-strapped country’s bailout program ends.
“We are concerned about the impact a Greek default could have on a broader...
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
Germany-France Leaders: Greek Deal Should be Reached Soon
Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon.
At the same time,...
Economy
IMF's Lagarde: Still a Lot of Work Before Greek Deal
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said that there is still a lot of work to be done before Greece signs a deal with international creditors.
Lagarde was interviewed on German television's ARD on Thursday. She...
Economy
Italian PM Renzi: Conditions Are in Place for a Greek Deal
Italy’s Prime Minister Matteo Renzi said on Tuesday he believes conditions are in place for a deal between Greece and its creditors.
"We all hope things for Greece will improve…I’m convinced to a large extend that conditions are in...
Economy
EWG's Wieser: No Greek Deal by Next Week, But it Will be Achieved
Greece and its European creditors will not reach a comprehensive agreement by next week, as it was expected, the chairman of the Eurogroup Working Group (EWG), Thomas Wieser, told US TV channel CNBC on Tuesday, but expressed confidence that...