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Greece-Europe Negotiations

European Commissioner Moscovici: Greece Must Implement Reforms to Stay in the Euro

European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici said on Monday that Athens needs to deliver a reforms plan as soon as possible in order to stay in the Eurozone. Moscovici spoke on French television regarding the...

U.S. Treasury Secretary Urges Greece to Reach a Deal with Creditors

U.S. Treasury Secretary Jack Lew urged Athens to reach to a deal with international creditors in order to avoid hardships in Greece and damage to the global economy. "I believe that the kind of detail needed requires going literally through every line...

Progress in Greece's Negotiation with Creditors

There are signs of positive developments in the negotiations between Greece and creditors' representatives that started again yesterday in Paris. The Greek government's aim to achieve a primary surplus of 1.2% in 2015 seems to be accepted by creditors. Furthermore,...

Greek Govt Optimistic Over Agreement

Despite the recent flood of negative statements and reports about Greece's negotiations with creditors, the Greek government is optimistic that an agreement will be reached by the end of April. Negotiations with creditors' representatives  -- the Brussels Group -- have...

Greek Labor Minister Optimistic Over Successful Negotiations Outcome

Greek Labor Minister Panos Skourletis, in statements to Greek television on Friday, expressed his optimism over the successful outcome of the country's negotiations with its international creditors. He referred to frank negotiations with the Greece's partners and expressed his view that...

Neighboring Countries Put Greek Bank Subsidiaries in Quarantine

Neighboring countries put Greek bank subsidiaries in quarantine in fear of contagion should there be an economic "accident" in Greece, a "Kathimerini" report said. The central banks of Albania, Bulgaria, Cyprus, Romania, Serbia, Turkey and FYROM have all forced the subsidiaries...

U.S. President Obama Suggests Flexibility to Greek FinMin Varoufakis

U.S. President Barack Obama suggested to Greek Finance Minister Yanis Varoufakis that Greece should show flexibility in the negotiations with creditors in order to avoid a financial "accident." Varoufakis spoke to the Greek press saying that he discussed the economic...

Slovak FinMin Kazimir Doubts a Greek Deal in April 24 Eurogroup

Slovak Finance Minister Peter Kazimir appeared skeptical on the possibility of Greece and its European partners reaching an agreement in the upcoming Eurogroup meeting. As he said, Greece is currently moving ever closer to the abyss and there are not...

Greek Energy Minister: A Deadlock in Negotiations Will Cause More Problems to Europe

His belief that if the negotiations between Greece and its European partners do not conclude to a positive result, Europe will face more problems than Greece expressed Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis. In an interview to Greek...

Handelsblatt: Greece-EU Deal Unlikely on April 24

The chances of Greece striking a deal with its European partners on the upcoming April 24 Eurogroup are low, German daily newspaper Handelsblatt wrote earlier today. The German newspaper is citing European Commission Vice President Valdis Dombrovskis, responsible for the Euro and Social...