negotiations
Economy
Greek Official: No Agreement With Creditors, Political Solution Only Way
There is no way we can reach an agreement with creditors before June and a political solution is the only way, said General Secretary of Fiscal Policy Nikos Theocharakis.
Theocharakis, who is the head of the Greek negotiating team, described...
Economy
No Agreement With Greece Until June, Brussels Predicts
Greece will not come to an agreement with creditors before June 30 when the bailout extension expires, European Union officials in Brussels predict.
Negotiations had stalled and recommenced on Saturday in Paris, but they ended without any progress. European partners...
Economy
EC President: Agreement Unlikely, But No Grexit Either
"We are prepared for all kinds of events but I am excluding at 100 percent this Grexit, or Greek exit," said European Commission President Jean-Claude Juncker.
The EC President spoke to The Politico newspaper about negotiations between Greece and international...
Economy
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...
Economy
Germany Declines Plan to Keep Greece in Eurozone After Default
The German government declined on Wednesday a report saying that Berlin is formulating a plan to keep Greece in the Eurozone even if it defaults on payments to creditors, said Reuters.
According to an article published in German weekly Die...
Economy
Greece Under Pressure for Reforms as Money is Running Out
The Greek government is under severe pressure from creditors and rushes to complete the implementation of the first package of measures hoping it will see partial funds released after the April 24 Eurogroup.
On the other side of the fence, creditors...
Economy
Greek Gov't Denies Scenarios of New Elections and Voluntary Default
The Greek government denies the scenario of snap elections and allegations that it is seeking a rift with creditors in order to voluntarily default.
The critical April 24th Eurogroup will determine the government's next move, analysts say. If Athens reaches...
Economy
No Progress on Greek Issue from Euro Working Group
No progress was made on the Greek issue in Wednesday's Euro Working Group in Brussels as there was no discussion for partial disbursement of the tranche Athens is hoping for.
The Euro Working Group's 18 Finance Ministers met to prepare the informal...
Economy
Tsipras-Putin Sign New Trade Deal and Renew Greece-Russia Relations
Greece and Russia signed a trade deal that will bring Greece 4.2 billion euros and talked about the renewal of the deal for natural gas supply to Greece.
After the discussions between the two delegations, Greek Prime Minister Alexis Tsipras and...
Economy
U.S. Asks Greece to 'Fully Commit' to Negotiations
American Under Secretary of the Treasury for International Affairs Nathan Sheets asked Greek Finance Minister Yanis Varoufakis that Greece must "fully commit" to negotiations with creditors so that further financial aid is released to the country.
Mr. Varoufakis met with...