Search Results for: Eurogroup
Greece Gets Aid Infusion as EU Counts on Tsipras for Reforms
November 25th, 2015
ESM approves payment of 2 billion euros after milestones met EU’s Dombrovskis says bank decisions due within weeks Greece unlocked more of its rescue funds as the euro area called on Prime Minister Alexis Tsipras to maintain his nation’s ...
Greece, Creditors Said to Need a Few More Days to Reach Aid Pact
November 9th, 2015
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according to an EU official with knowledge of the talks. The ...
Greece’s turbulent year
September 21st, 2015
Greece’s Alexis Tsipras has said his left-wing Syriza party has a “clear mandate” after winning a second general election in less than nine months. But he said Greeks faced a difficult road and recovery from financial crisis would only ...
Creditors see delays in program
September 2nd, 2015
Greece’s creditors are bracing for problems from the outset of the country’s new bailout program given that the snap polls will effectively postpone the first inspection, originally scheduled for October. This will entail a delay in the talks on ...
Greek Senior Bank Bonds Fall on Dijsselbloem Bail-In Comment
August 17th, 2015
Senior bonds of Greek banks tumbled after Euro-area finance ministers protected depositors from any losses in the nation’s 86 billion-euro ($96 billion) bailout. Eurogroup President and Dutch Finance Minister Jeroen Dijsselbloem said on Friday depositors will be shielded from ...
Greece: Deal to go to Parliament after creditors’ approval
August 12th, 2015
After securing an agreement with representatives of Greece’s international creditors on Tuesday, Greek Prime Minister Alexis Tsipras must now consider how to push the deal through Parliament as efficiently as possible amid opposition at home and abroad. The deal ...
AFD founder: ‘Schäuble’s Greece policy is pure marketing’
July 30th, 2015
German Finance Minister Wolfgang Schäuble’s latest plans for a euro tax have solidified the prospect of a transfer union, says Eurosceptic Bernd Lucke in an interview with EurActiv Germany. The founder of the Eurosceptic Alternative for Germany (AfD) party, argues that ...
The Euro is Destroying the European Movement
July 23rd, 2015
“Terrorists”, “blackmail”, “lack of trust” are just some of the terms voiced during the recent negotiations between Greece and its Eurogroup partners during the recent Greek negotiations. There were even suggestions that Greece should leave the common currency altogether. ...
Was Greece Always Part Of The Plan?
July 20th, 2015
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes — and speculating that this “fatal flaw” would doom the ...
The ‘Greek Debt Deal’ Is Already Starting To Fall Apart
July 15th, 2015
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted ...
