Greece-Europe Negotiations

His belief that the European partners want Greece to remain part of the single currency while following Eurozone's rules expressed Portuguese Deputy Prime Minister Paulo Portas. "Everybody wants Greece in the euro. Europe has rules and guidelines. It is...

Rumors over a so-called "Plan B" on a solution to Greece's long-standing crisis have been topping international media in recent weeks, although top European officials have rejected the speculation. Today it was Italian Economy Minister Pier Carlo Padoan to add his voice...

Yet another declaration of its frustration expressed today the German Finance Ministry, regarding the lack of progress Greece has achieved in regards to its economic reforms list. As it was highlighted, Berlin is patient but it is clearly Athens that should...

Today's Eurogroup bore no fruit for Greece and Finance Minister Yanis Varoufakis was reportedly hammered by his peers. A clear image for the negative climate Greece's outspoken Finance Minister encountered is given by Eurogroup President Jeroen Dijsselbloem. The Eurogroup President said the...

European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA). "ELA will continue to be given until Greek banks will be solvent and have adequate collateral," Draghi told journalists...

Greece's outspoken Finance Minister Yanis Varoufakis, who has reportedly faced a hostile environment in today's Eurogroup in Riga, Latvia, said Athens is now ready to make "big compromises." According to a Bloomberg report, Varoufakis was referred to as a "time-waster, a...

Forget the monotonous term "Grexit" that has occupied thousands of newspaper pages throughout the years of the crisis, Citigroup Inc. economist Ebrahim Rahbari adds yet another word to the recession's lexicon. It was him that in 2012 coined the term...

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel held a meeting earlier today on the sidelines of the European Union summit on migration policy. According to the first reports emerging from the two leaders' meeting, Merkel pushed Athens to...

The German Finance Ministry is rather skeptical ahead of Friday's Eurogroup in Riga, Latvia, where Greece's proposed reforms list will be examined. According to Finance Minister Wolfgang Schaeuble's spokesperson Martin Jaeger, Berlin has limited expectations from the Riga meeting regarding Greece's...

Negotiations with Greece are speeding up but there is still a long way before an agreement, said Poul Thomsen, Director of the European Department of the International Monetary Fund (IMF). Thomsen said that Greece will probably run out of money...