Institutions
Economy
Greek PM Tsipras: We have no Right to Bury European Democracy at its Birthplace
The institutions' insistence on further pension cuts is a political expediency, Greek Prime Minister Alexis Tsipras said in statements to "Efimerida ton Syntakton" newspaper.
The Greek PM underlined that creditors should not regard "our sincere desire for a solution and steps...
Economy
No Result on Greece After Brussels Talks – Next Stop the Eurogroup Meeting
Negotiations between Greece and creditors in Brussels came to an abrupt halt when the Greek delegation left the meeting just 45 minutes after it started. European Commission President Jean-Claude Juncker’s representative stated that this round of consultations with the institutions...
Economy
Tsipras: 'Creditors Must Acknowledge Their Program Failed'
Greek Prime Minister Alexis Tsipras is willing to reach an agreement with the creditors, if they made a few concessions, despite the fact that they have not yet admitted the failure of their program. In an interview with the...
Economy
WSJ Foresees Elections and Third Memorandum for Greece
If Greece wants to avoid bankruptcy, an agreement must be reached in the next few days, writers in the Wall Street Journal (WSJ) estimated, noting that the Greek government and institutions may have to wait until winter to "seal" a third...
Economy
Martin Schulz: 'Tsipras Is Playing Political Games Delaying the Negotiations Process'
After his recent defamatory statement "Greeks get on my nerves," European Parliament President Martin Schulz unleashed again a new verbal assault this time toward Greek Prime Minister Alexis Tsipras accusing him of "delaying" the negotiations process "playing" his own...
Economy
German Media: The Last Offer to Greece
German media today are mainly focusing on the meeting between German Chancellor Angela Merkel, French President Francois Hollande, ECB President Mario Draghi, European Commission President Jean-Claude Juncker and IMF director Christine Lagarde, in Berlin.
The German newspapers Die Welt, Die...
Economy
Greek Govt: 'Greece Aims to Clinch a Deal With Creditors by Sunday'
The Greek government's optimism is based on specific facts and the progress made, government spokesman Gavriil Sakellaridis said on Thursday, during the daily press briefing. The government's aim is to have an agreement with the partners by Sunday, he...
Economy
U.S. Treasury Secretary: 'Greece and Its Creditors Need to Reach Deal Fast'
U.S. Treasury Secretary Jack Lew, appeared optimistic that Greece and its creditors will reach an agreement soon, during an open discussion in Dresden for LSE.U.S. Treasury Secretary Jack Lew, appeared optimistic that Greece and its creditors will reach an...
Economy
German FinMin Insists on 'Troika's' Role Ahead of Talks Between Greek Govt and Institutions
German Finance Minister Wolfgang Schaeuble has once again sparked displeasure in Athens, insisting that the unpopular "Troika" of creditors will be negotiating with the Greek government over the country's bailout package extension, despite the latter's objection on the matter. Eurozone's...
Economy
Greek Deputy Health Minister: 'Each Minister is not Obliged to Talk to the Institutions'
The need to face the humanitarian crisis caused by the Memoranda comes first, before the institutions, noted Greece's Deputy Health Minister Dimitris Stratoulis speaking to ANT1 TV on Monday referring to the draft laws to be tabled, starting from today, in parliament....