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Athens agrees to legislate more measures; creditors set to return

By   /  20/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens agrees to legislate more measures; creditors set to return

  Prior to a crucial Eurogroup meeting on Monday evening, an agreement was reached an agreement was reached during a meeting in Brussels, in which participants included Greek Finance Minister Tsakalotos, Eurogroup president Jeroen Dijsselbloem, European Financial Affairs Commissioner Pierre Moscovici, Eureopean Stability Mechanism chief Klaus Regling and other representatives of Greece’s creditors. The Greek […]

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Government, creditors make significant progress in 2nd review talks

By   /  24/10/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Headlines, Politics, Social  /  Comments Off on Government, creditors make significant progress in 2nd review talks

Greek government ministers continued negotiations with the country’s creditors over the weekend, during which significant progress was made. According to a high-ranking Greek finance ministry official, an agreement in principle was reached over a draft plan for the creation of a legislative framework for out-of-court settlement of debt accumulated by businesses and the self-employed. Finance […]

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Tsakalotos: There is no demand for a 4th Bailout

By   /  20/10/2016  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Tsakalotos: There is no demand for a 4th Bailout

“It is not obvious at all that the IMF wants another program in addition to the existing one,” stated Greek Finance Minister Euclid Tsakalotos during his address to the Greek government’s Finance Committee and added discussions he has had with the IMF do not indicate that. In his speech concerning the draft budget for 2017, […]

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Tsipras in absolute control of his party

By   /  18/10/2016  /  GR Politics, Greece, Politics  /  Comments Off on Tsipras in absolute control of his party

The conclusion of the Syriza party Congress at the weekend confirmed Alexis Tsipras’ absolute control of the ruling party as he was reelected with a huge 93 percent of votes. However, the result of the election for the party’s new central political committee provide interesting insight as to where Syriza currently stands in the Greek […]

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Eurogroup partly unblocks Greek bailout funds

By   /  11/10/2016  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Eurogroup partly unblocks Greek bailout funds

Eurozone Finance Ministers meeting in Luxembourg on Monday decided to partly disburse a 2.8 billion euro sub-tranche of bailout loans to Athens. The Eurogroup decided to unblock EUR 1.1 billion immediately and examine the disbursement of the remaining EUR 1.7 billion at a Euro Working Group on 24 October, after Greece has presented September figures […]

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Tsakalotos: The second review will proceed very quickly

By   /  13/07/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Tsakalotos: The second review will proceed very quickly

Athens, July 13, 2016/ Independent Balkan News Agency By Spiros Sideris Finance Minister Euclid Tsakalotos stated after the Ecofin meeting of EU Finance Ministers in Brussels that the second review of the Greek program will proceed very quickly. He added that the meeting did not discuss Greece at all. Asked if the preparation of Greece […]

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