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Greece

Dragasakis: Debt Relief Is 'Key' to Greece's Financial Recovery

The government is continuously requesting debt relief for Greece, government vice-president Yiannis Dragasakis said on Tuesday while speaking at a conference of the Greek Tourism Confederation (SETE). “The government ceaselessly demands a settlement of its debt issue, as the agreement itself...

Yannis Dragasakis: Course of Public Finances in 2016 Will be Better than Expected

Government Vice President Yiannis Dragasakis estimated that the course of the public finances in 2016 will be better than expected, at an interview to "Kokkino 105.5" radio on Tuesday. Asked on the course of the negotiations with the institutions and...

Greece to Turn Page After Program Review, Gov't Vice President Dragasakis Says

The Greek government is determined to conclude the program review in a way that will allow Greece to turn the page and speed up the government work, government vice president Yiannis Dragasakis said during a book presentation. Dragasakis stated that...

Gov't Vice President Dragasakis Sees Possible Recovery as of Second Half of 2016

"The risk of a Grexit still exists," Government Vice President Yiannis Dragasakis said on Sunday in an interview with Realnews, adding that it will decrease after the voting of the agreement and its completion that will render the public debt...

Greek Gov't VP Dragasakis Discusses Negotiations, Greek Economy with ECB's Draghi

Greek Government Vice-President Yiannis Dragasakis met with the head of the European Central Bank Mario Draghi in Frankfurt on Tuesday evening. According to the ECB, the two sides discussed the current situation of the Greek economy and reviewed the progress in...

Greek Govt VP Dragasakis' Office Refutes Irish FinMin Statement

The office of Greek government Vice President Yiannis Dragasakis on Monday refuted a statement by Irish Finance Minister Michael Noonan that the government Vice President's office will lead the talks with the institutions. Referring to the technical talks to be...

Greek Government Attributes Bank Shares Sell-off to 'Speculative Pressures'

The Greek government attributed Wednesday's bank share massive sell-off and the sharp drop of the general index in the Athens Stock Exchange to "speculative pressures". Prime Minister Alexis Tsipras called an emergency meeting with competent ministers and officials to discuss...

Italy's Financial Problems Might Affect Greece, Foreign Minister says

Italy's financial troubles might affect Greece too, said Greek Foreign Minister Nikos Kotzias on Tuesday, during a meeting with his German counterpart Heiko Maas. According to Reuters, while in Berlin for bilateral talks between Greece and Germany, the Greek foreign...

New Ministers Swear Oath Without Greek Church

New Greek government ministers appointed following a mini cabinet reshuffle were sworn in at the presidential mansion in Athens on Thursday. They took a civilian oath of office in the presence of President Prokopis Pavlopoulos and Prime Minister Alexis Tsipras. Analysts say...

Greek PM Shakes Up Cabinet After Allowance Scandal

A mini cabinet reshuffle has taken place in Greece on Wednesday following a scandal over a housing allowance which saw the resignation of two ministers this week. Prime Minister Alexis Tsipras appointed current Deputy Prime Minister Yiannis Dragasakis as Greece's...

Tsipras and Chinese Vice Premier Discuss Trade Cooperation in Athens

Prime Minister Alexis Tsipras met the visiting Chinese Vice Premier Ma Kai on Friday with the two sides vowing to strengthen their cooperation on the Belt and Road Initiative. Tsipras congratulated the success of the 19th National Congress of the...

China, Greece Vow to Strengthen Cooperation

Visiting Chinese Vice Premier Ma Kai, while holding talks with Greek Deputy Prime Minister Yiannis Dragasakis, said Thursday that Sino-Greek relations have witnessed steady and rapid development in recent years, especially in the areas of economic and investment cooperation. He...

Greek Economy Conference: 'Smart Investors Will Grab Opportunities Today'

The improving economic climate in Greece is the subject of a two-day conference organized by the American-Hellenic Chamber of Commerce in Athens. Politicians, entrepreneurs and diplomats are taking part in the conference that as President of the Chamber Simos Anastasopoulos...

Greek and Chinese Companies Sign Four Collaboration Agreements

Greek and Chinese companies signed four collaboration agreements in Athens on Thursday, before the completion of the second Greece-China Action Plan work group meetings. Action Plan 2017-2019 aims to promote economic cooperation between the two countries, and the effective combination...

Varoufakis Exposes Tsipras' Plans, While Still in Opposition

"The first thing I will do as prime minister is to demand Stοurnaras' resignation. If need be, I will drag him screaming from the central bank," Greek Prime Minister Alexis Tsipras said about Bank of Greece Governor Yiannis Stournaras in...