Dijsselbloem warns the U.K for turning into a tax haven

Jeroen Dijsselbloem warned Britain not to “take a crazy backward step” on Tuesday. In an interview with the Dutch RTL, the President of the Eurogroup said that turning Britain ... Read More
Protesters wave Greek and EU flags during a pro-Euro rally in front of the parliament building, in Athens

Eurogroup approves Greece to get more bailout funds

The Eurogroup welcomes the implementation by the Greek authorities of the set of 15 milestones in the context of the first review of the ESM programme. The Eurogroup commends ... Read More

Greece adopted a controversial package of pension cuts and tax hikes

Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next ... Read More

Athens prepares for fresh round of bailout talks, possible extra measures

Prime Minister Alexis Tsipras is holding a series of meetings on Monday ahead of the return of Greece’s lenders to Athens for the first bailout review. Tsipras is speaking ... Read More
Cyprus flag

Cyprus to Exit From Bailout Program

Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by ... Read More

Eurogroup urges Athens to deliver reforms in a week – Remarks by J. Dijsselbloem

Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward ... Read More

Greece, Creditors Said to Need a Few More Days to Reach Aid Pact

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 ... Read More
greek bonds

Greek Senior Bank Bonds Fall on Dijsselbloem Bail-In Comment

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 ... Read More

The Euro is Destroying the European Movement

“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 ... Read More

Crisis talks on Greece to stretch into the weekend

After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to ... Read More
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