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Greece

Euro Zone Finance Ministers Warn Greece of Tough September

Greece is not on the agenda of today's (Monday) meeting of euro zone finance ministers, but European Commission officials warn Greece that September will be tough. The second review of Greece's bailout program will take place in September and it...

Greece Ready to Clash with Euro Zone Finance Ministers

"If you're not willing to even consider a clash, you're not negotiating," Greek Finance Minister Yanis Varoufakis told the Greek parliament on Tuesday. The statement was made after the House gave the new government a vote of confidence and ahead...

Eurozone Finance Ministers Far From Agreement on Fate of Greek Debt as Monday's Meeting Looms

On Sunday the AFP reported that the distance between eurozone finance ministers who are set to meet on Monday, December 5 to discuss the prospects of the third bailout for Greece as well as possible debt relief strategies are...

Eurozone Finance Ministers to Hold May 9 Meeting on Greece

The next meeting of Eurozone Finance Ministers to discuss Greece’s massive bailout will be held in Brussels on May 9, Athens said Thursday. "Eurogroup chief Jeroen Dijsselbloem has informed Greek Finance Minister Euclid Tsakalotos that the meeting will take place...

Schaeuble: 15 Eurozone Finance Ministers Backed Temporary Grexit

German Finance Minister Wolfgang Schaeuble made certain clarifications on his stance toward Greece during an interview with French newspaper Liberation, in Brussels. During negotiations for a third Greek bailout package in July, the German finance minister had proposed to the Greek government a...

EU Finance Ministers: There is No Other Plan But for Greece to Remain in the Eurozone

European Union and eurozone Finance Ministers meeting in Riga was concluded with the common position (regarding Greece) that there is no other plan but Greece to remain in the eurozone. "There is no plan B or C or D...

Eurogroup to Discuss Greek Economy After National Elections

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to the state-run AMNA news agency. AMNA quotes the same official as saying that the third report...

All Eyes on Eurogroup for Greek Debt Relief, Post-Bailout Scrutiny

Athens has its eyes on Luxembourg this Thursday as a crucial meeting of eurozone finance ministers is expected to decide on Greek debt relief and what will happen the day after the bailout ends in August. Greece has ratified the prerequisites...

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...

Eurozone Eyeing 'Credible' Greece Debt Relief, Says Centeno

Eurozone lenders will put together a debt-relief deal for Greece that will be credible to markets and involve a rescheduling of loans from the second Greek bailout, said Mario Centeno, chairman of the eurozone finance ministers' group, according to...

IMF, Eurozone Seek Last-Minute Deal on Greek Debt

Greece's eurozone creditors and the International Monetary Fund are trying to find a last-minute solution to the country's debt mountain so that the IMF contributes financially to the third bailout program. The Greek rescue program ends on Aug. 20 and...

Eurogroup Decides to Disburse €5.7B Sub-tranche to Greece by End March

Eurozone finance ministers decided on Monday that the third review of Greece's bailout program is complete and the €5.7 billion sub-tranche is to be disbursed by the end of March. The Eurogroup decision will now pass through the parliaments of...

No Discussion of Greek Debt Easing on Monday's Eurogroup

On Monday's Eurogroup, eurozone finance ministers will not discuss Greece's debt easing, nor the supervision of Greek reforms after the bailout program ends in August, according to a Kathimerini newspaper report. The report says that technical discussions have not progressed...

Eurogroup Asks Greece to Complete All Prerequisites, Welcomes Overachievement of Fiscal Goals

The meeting of euro zone finance ministers was completed on Monday, with peers urging Greece to legislate the remaining prerequisites for the completion of the third review of the bailout program. Greece has still to complete 15 of 110 required...

New Eurogroup Chief: Debt Relief for Greece Only After Completion of Program

Greece needs to fully complete its current bailout program before the country receives any relief on its huge debt pile, the new Eurogroup president told CNBC. Speaking to CNBC in an exclusive interview, Mario Centeno, the incoming chief of the...