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Greece

Varoufakis To Publish Notorious Eurogroup Recordings from Turbulent 2015 Meetings

Greek Speaker of the House Constantine Tassoulas rebuked MeRA25 leader and ex-Finance Minister Yanis Varoufakis on Friday for handing an envelope over to him containing a USB of the conversations he had secretly recorded while attending a Eurogroup discussion...

Eurogroup Agrees to Return €767 Million in Bond Profits to Greece

Wednesday's Eurogroup meeting in Brussels approved the return of €767 million in Greek bond profits to Greece, as well as the cancellation of the interest rate hike imposed on part of the European Stability Mechanism's loan to Greece during...

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...

Eurogroup Approves Disbursement of 978 Million Euros to Greece

The Eurogroup on Friday approved the positive recommendation of the College of Commissioners for the disbursement of the 978 million euros which are owed to the nation of Greece. The tranche represents the return of the profits held by the...

Eurogroup Postpones Decision on Cash Disbursement to Greece

European officials postponed the decision on whether or not Eurogroup will authorize the already-agreed upon disbursement of cash to Greece until the next Euro-working group in March 25. The Eurogroup postponed the decision on disbursement because of a delay in...

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...

Eurogroup Chief: Greece Needs to Take Ownership of Reforms

Eurogroup President Mario Centeno called on Greece to stick to economic reforms and avoid sliding back to policies that will not help the country emerge from the crisis. "Greece needs to take full ownership of the reform program," Centeno said,...

Greece's Bailout Exit to Dominate Eurogroup Gathering

The countdown for talks leading to Greece's completion of its fiscal adjustment program will begin at a Eurogroup Working Group (EWG) meeting on Thursday. Thursday's meeting will open discussions on Greece's growth strategy following the program, a topic on the...

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...

Greece Preparing Post-Bailout Plan for Eurogroup

Greece's government will present a new development plan for the post-memorandum period at the next Eurogroup on April 27 in Sofia. According to a senior government official, the plan is for Greek "ownership" and will have three recipients: the institutions,...

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 Green-Lights €5.7B for Greece

Greece is closer to receiving €5.7 billion ($7 billion) of European loans as the Eurogroup Working Group (EWG) on Friday approved the latest disbursement. EWG head, Mario Centeno, confirmed his organization had ticked off the prior actions required by Greece...

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...

Eurogroup to Declare End of Bailout Review, but No Cash Tranche Yet

The Greek government has invested heavily in a smooth conclusion of the third bailout review and Monday's Eurogroup meeting is expected to confirm that, but it is also expected to hold off on the 6 to 7 billion euro...