Greece
Economy
Greek Finance Minister Tsakalotos Says SYRIZA Government Made Mistakes in 2015
Speaking at an event in Paris on Wednesday evening, Greek Finance Minister Euclid Tsakalotos admitted that the SYRIZA government made mistakes during the 2015 negotiations with European and international creditors of Greece.
Tsakalotos said in front of an audience at the...
Economy
Tsakalotos: Greek Banks in Danger if Home Auctions don't Resume
Finance minister Euclid Tsakalotos has warned his party's MPs that if foreclosed home auctions don't resume, Greek banks could be facing recapitalization issues.
Speaking to SYRIZA parliamentarians, Tsakalotos was referring to the notaries' announced abstention from duty until December 31,...
Economy
Lagarde and Tsakalotos Agree on Timely Completion of Greek Third Review
Christine Lagarde and Greek Finance Minister Euclid Tsakalotos agreed that a timely completion of the third review of the Greek bailout is essential for discussions on debt restructuring to gather pace.
The Managing Director met Tsakalotos at the IMF headquarters...
Economy
Greek FinMin Tsakalotos to Meet with IMF Chief Christine Lagarde
Greek Finance Minister Euclid Tsakalotos and his deputy, George Chouliarakis, will meet with the head of the International Monetary Fund, Christine Lagarde on Saturday.
The meeting will be held in Washington on the sidelines of the IMF’s annual meeting.
The meeting...
Economy
Greek FinMin Tsakalotos: The Third Review will Conclude on Time
Finance Minister Euclid Tsakalotos referred to the new environment created for the Greek economy, the conclusion of the third review and the country's exit from the crisis in an interview with the Sunday newspaper Nea Selida.
Tsakalotos expressed his certainty...
Economy
FinMin Tsakalotos: Investments in Greece to Become ‘Too Large to Absorb’
Greek Finance Minister Euclid Tsakalotos predicted that in the next two years Greece would be overwhelmed by foreign investment that could become difficult to absorb.
In an interview with private TV station ANT1 on Wednesday evening, Tsakalotos brushed aside concerns...
Economy
Tsakalotos: Greece Likely not to Need Precautionary Credit Line After Program Ends
Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018, Finance Minister Euclid Tsakalotos said on Friday after a meeting of euro zone ministers in...
Economy
Greek Fin Min Tsakalotos to Remain in his Post Until August 2018
Government spokesman Dimitris Tzanakopoulos said that Finance minister Euclid Tsakalotos will most certainly remain in his post until the end of the upcoming bailout negotiations with Greece's international lenders in August 2018.
"I'm certain that Mr. Tsakalotos will be negotiating...
Economy
Tsakalotos: Greece does not Question the Programme's Statistics
The Greek government doesn't question the quality of the statistical data on which the country's adjustment programme is based on, Finance Minister Euclid Tsakalotos was quoted as telling the German newspaper Die Zeit.
Tsakalotos was commenting on an article about...
Economy
Greece’s Tsakalotos Certain of Disbursement Loan Tranche
Greek Finance Minister Euclid Tsakalotos expressed his confidence that the ESM will approve the disbursement of a loan tranche to Greece on Friday.
Speaking to reporters, after a teleconference held by the European Stability Mechanism in which he participated, Tsakalotos...
Economy
Tsakalotos: Eurogroup Decision Provides Greater Clarity for Greeks, Markets
Eurogroup's decision on Greece provides much greater clarity for both Greeks and the financial markets, but maybe not as much clarity as Greeks deserved, Finance Minister Euclid Tsakalotos said on Thursday, after the Eurogroup meeting in Luxembourg.
In a joint...
Economy
Tsakalotos: Overall Deal on Greece's Loan Tranche, Debt Feasible Within Three Weeks
Finance Minister Euclid Tsakalotos expressed the joint belief of all Eurogroup participants on Monday that an overall agreement on Greece -- including both the release of the next loan tranche and the prospect of a debt relief -- is...
Economy
Finance Minister Tsakalotos: No Alibi for Further Delay in Debt Settlement
Finance Minister Euclid Tsakalotos expressed his optimism that the way for a good and final solution for the debt and the country inclusion in ECB's quantitative easing programme can open on Monday's Eurogroup, in an exclusive statement to Athens...
Economy
FinMin Tsakalotos Stresses Need to Combat Tax Evasion
Finance Minister Euclid Tsakalotos on Monday stressed the need to combat tax evasion in order to increase tax revenues and reduce tax rates. Tsakalotos was addressing a conference of the Independent Public Revenues Authority on the dispute resolution and...
Economy
Return of Institutions to Athens at the Heart of Lagarde-Tsakalotos Meeting
A meeting between IMF Chief Executive Christine Lagarde and Euclid Tsakalotos took place on Friday afternoon within the framework of the Spring Fund Summit in Washington and lasted about 40 minutes.
Up for discussion was the reduction of the Greek...