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Greece

Stournaras Asks No Concessions at Eurozone Meeting

BRUSSELS - Greece’s new Finance Minister Yiannis Stournaras, in his first meeting with leaders of the Eurozone of the 17 countries which use the euro as a currency, did not try to open negotiations to soften the harsh terms...

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...

PM Mitsotakis Pledges to Make Greece ''Eurozone's Pleasant Surprise'' During Thessaloniki Fair

Greece will be the pleasant surprise of the Eurozone, Prime Minister Kyriakos Mitsotakis said on Sunday during the PM's press conference at the 84th Thessaloniki International Fair (TIF). Mitsotakis did not agree with some pessimistic forecasts in regards to the...

No Agreement on Primary Residence Protection Delays Eurozone Cash to Greece

The Euro Working Group concluded its meeting on Monday night without an agreement on when the Eurozone will release the first tranche of approximately one billion euros to Greece. This amount of money is the first tranche of approximately €4.8...

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...

Eurozone to Move on Greek Debt With or Without IMF: Reports

IMF agreement will not be necessary for a June 21 meeting of eurozone ministers to back Greek debt-repayment measures, it was claimed on Tuesday. Media reports citing an unnamed EU source in Brussels stated that Thursday this week would see...

Eurozone Approves Disbursement of 800 Million Euros to Greece

The European Stability Mechanism (ESM) authorised on Thursday the release of 800 million euros to Greece for the clearance of arrears, during a meeting of its board. This is the remaining amount of the third tranche of ESM loan, approved...

Greek Official Says 'We are Far From a Solution at Tomorrow's Eurogroup Meeting'

A Greek government official expressed pessimism in reference to the upcoming eurozone finance minister's meeting on Thursday. Commenting to Athens-Macedonia news agency, the anonymous official stated that “We are very far from a solution at tomorrow’s Eurogroup meeting.” An ekathimerini...

Handelsblatt: IMF's Lagarde Offers Eurozone Greek Debt Compromise

A new offer by International Monetary Fund Managing Director Christine Lagarde may get Greece's creditors out of the impasse they are in which will allow for the euro zone to release a tranche of aid, says a Reuters report. Lagarde's...

'Strong Push' for Comprehensive Deal by May 22 From G7, Say Eurozone Sources

Discussions on Greece on the sidelines of a G7 finance ministers' meeting and central bankers in the Italian city of Bari on Friday concluded with a decision to give a “strong push” for a comprehensive agreement by May 22,...

EU’s Juncker: Eurozone Lenders and Greece Should Achieve Technical Deal by April 7

European Commission President Jean-Claude Juncker said on Friday that eurozone lenders and Greece should reach a technical deal before a meeting of eurozone finance ministers on April 7, as reported by Reuters. The IMF is pushing Greece on the contentious...

EU's Future Prospects the Focus of Kotzias-Gabriel Meeting in Athens

"Greece belongs in the Eurozone," German Foreign Minister Sigmar Gabriel said on Thursday, during joint statements with Greek Foreign Minister Nikos Kotzias after their meeting in Athens. He also emphasized that this discussion was now closed, since "Europe cannot...

ND on Eurogroup Meeting: Greek Government Attempting to 'Fool' Its People

The return of the institutions to Athens is accompanied by additional concessions, painful measures and the government’s negotiating failures, New Democracy said on Monday after the end of the Eurogroup meeting in Brussels. “Once again, the government is attempting to...