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Euclid Tsakalotos

Greek FinMin: Greek Economy Q3 Estimates Much Better

Greek Finance Minister Euclid Tsakalotos, speaking in Parliament, appeared optimistic over the course of the Greek economy. "The estimates for the third quarter are much better," Tsakalotos. The completion of the evaluation, the recapitalization of banks and the issue of...

The Deja Vu of the New Greek Government

It is early October and Greek people seem to be reliving the days of early February. It is as if the past eight months never happened in Greek politics. Greeks went through an election and a referendum and one...

Greek Fin Min to Report to Eurozone Peers on Progress of Reforms

Finance Minister Euclid Tsakalotos is to report to Monday's Eurogroup on the progress of reforms required by Greece's third bailout program. Eurozone finance ministers will meet in Brussels to discuss the state of play of the cash-for-reforms program. The first...

Govt's Econ Team Meet New Head of Commission's New EU Task Force

The leadership of the government's economic affairs team, including Greek Finance Minister Euclid Tsakalotos, government Vice-President Yiannis Dragasakis and Alternate Finance Minister George Chouliarakis, on Wednesday met with the new head of the European Commission's Structural Reform Support Service...

Fin Min Confident Greece Can Return to Growth in 2016

Finance Minister Euclid Tsakalotos told the Financial Times that he is optimistic Greece's economy will return to growth in 2016. "I don't see any reason why we can't return to growth," Tsakalotos said, adding that the newly elected Greek government...

Foreign Media Reports on Greek PM Tsipras' New Cabinet

According to foreign media reports, Greece’s newly re-elected Prime Minister Alexis Tsipras showed that he is planning on continuing on the path he already set before the elections, following the agreement lines. Most articles made note of the fact...

Tsakalotos to be Reappointed Greece's Finance Minister

Prime Minister Alexis Tsipras is to appoint Euclid Tsakalotos for the second time, as Greece's finance minister in his new cabinet, according to a SYRIZA official. The Oxford-trained economist, who replaced Yanis Varoufakis in July, played a crucial role in Greece's...

Greek Elections: Former Fin Min Reluctant Over Post-Election Alliances

Former finance minister and SYRIZA candidate Euclid Tsakalotos expressed his concern over post-election alliances saying that the pro-Europe parties are corrupt and reactionary. Tsakalotos gave an interview to Kathimerini daily newspaper stating that his party will not agree on a...

Greece's FinMin Tsakalotos Urges Greeks to Bring Their Money to the Banks

Speaking in parliament on Thursday, Greek Finance Minister Euclid Tsakalotos referred to a series of factors that will restore the credibility to the Greek banking sector. Tsakalotos urged Greeks to trust the banking system and return their money to the banks....

Greek Finance Ministry Announces Changes to Capital Controls

Greek finance Minister Euclid Tsakalotos announced new adjustments to the capital controls on the Greek economy. Capital controls have restricted transactions and liquidity in Greece since June 28, a day after the July 5 referendum was officially announced. Since then, the...