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Dijsselbloem Satisfied with Greece's Prior Actions
Following the conclusion of the Eurogroup meeting, its president Jeroen Dijsselbloem expressed his satisfaction for the completion by Greece of the six prior actions...
Dijsselbloem: More Work Needs to be Done on the Greek Program
Speaking before the Eurogroup meeting in Brussels, German Finance Minister Wolfgang Schaeuble assured that there is no intention of modifying the growth and stability...
6,500 Employee Layoffs in Greek Public Sector
According to the Memorandum of Understanding signed between the Greek government and the Troika of international lenders, approximately 15,000 Greek public employees should have...
Eurozone Chiefs Cite Greek Progress
Eurozone finance ministers on March 10 pushed for Greece to finally settle differences over unresolved reforms with its international lenders and said the country...
Cyprus Rejects Privatisations Required for Aid
Cyprus Parliament on Thursday failed to adopt a controversial privatization plan, potentially throwing into disarray an international bailout programme of the island and endangering...
Greek Alpha Bank Criticizes the Troika
In relation to ongoing negotiations, Greek Alpha Bank has criticized the Troika for not giving the green light to the next tranche of funds.
“Two of...
Stournaras Says No Budget Gap (Maybe)
A disputed hole in the 2014 budget - which the government puts at one billion euros while international lenders said it could be as...
Big Week Looms for Greece
Greek Prime Minister Antonis Samaras' coalition government, which has only a four-vote majority in the 300-member Parliament, faces a tough week including renegotiations with...
Greece, Troika "Miles Apart" On Agreement
Greece's hopes of getting a deal sealed with envoys of international lenders over how to close a looming budget gap and speed the pace...
Greek Prime Minister Samaras: "Greece Is Not at War"
Greece is not at "war" with the European Union and International Monetary Fund and we are also not at the verge of a civil...