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Greece Negotiations

EU Leaders Release Statements after Euro Summit on Greece (Video)

The leaders of the European Union met today in Brussels to begin talks on Greece and a new Greek bailout agreement after the July 5 referendum. Below is their full statement after tonight's Euro Summit: 1. We met tonight to discuss...

European Commission Considers Bridge Program for Greece

A bridge program that will cover Greece's financial needs for July has been discussed by European Commission President Jean-Claude Juncker and the president of the socialists in the European Parliament, Gianni Pittella. The bridge deal will precede the third bailout program...

European Commission Releases Statement after NO Result in Greek Referendum

The European Commission released a statement on the Greek referendum result that turned down a bailout deal that was partly designed by the Commission. Here is the full statement. The European Commission takes note of and respects the result of the referendum in Greece. President Juncker...

The Necessary Compromise In Greek Bailout Negotiations

In the beginning of 2015, Greeks elected Syriza hoping for a negotiation deal with Greece's lenders that will not include more austerity. Today still there is no deal and Greece's future remains unknown.

Greek PM Tsipras Rejects Creditors' Suggestions for Austerity after Meeting EC President Juncker

EC President Juncker received Greek Prime Minister Tsipras today at 20:30 CET to discuss the state of play in the negotiations between Greece and its international partners. The private meeting, on the personal invitation of President Juncker, was followed...

German FinMin Schaeuble Surprised by Greek Agreement Statements

German Finance Minister Wolfgang Schaeuble said he was surprised by Greek officials' statements that Greece and its creditors are close to an agreement" contradicting Greek Prime Minister Alexis Tsipras who said earlier that he is finally close to an agreement with...

SYRIZA: Greece to Pay Salaries and Pensions Over Debt

SYRIZA's Central Committee and Parliamentary Group unanimously passed a resolution urging the Greek government not to submit to "memorandum-style" agreements. The resolution notes that the government has for four months refused "shameful ultimatums" but stressed that this does not mean that...

Greece and Brussels Group to Resume Negotiations on Tuesday

Talks between the Greek government and the Brussels Group - the three institutions representing Greece's creditors - are to continue next Tuesday, it was announced. The technical talks were concluded in Brussels on Saturday night and will continue after Tuesday...

SYRIZA's Left Platform: Creditors are Engaging in 'Open Blackmail'

Addressing SYRIZA's Central Committee meeting on Sunday, Productive Reconstruction Minister Panagiotis Lafazanis accused Greece's creditors of "the harshest, open blackmail" in their handling of the negotiations with the Greek government. The head of SYRIZA's Left Platform strongly criticized the European...

IMF's Lagarde Shrinks Greek Hopes for Speedy Deal

Managing Director of the International Monetary Fund (IMF) Christine Lagarde didn't allow much hope for a speedy bailout deal regarding Greece's debt crisis on Friday, saying that there is a long way to go for Greece and its European lenders. The head of IMF told reporters during a...