bailout program

German Chancellor Angela Merkel reiterated her government's hard stance on Greece's options to renegotiate its bailout program. Germany's leader said that Athens must either fulfill all requirements of the current bailout program, or ask for an extension beyond its expiry...

Greece will need a third bailout and the new government acknowledges that, despite what Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis say publicly. This is what Peter Spiegel claims in a Financial Times report. According to the report, euro...

The Greek government vetoed the joint statement of euro zone finance ministers after Wednesday's inconclusive talks on Greece's bailout in Brussels, according to a Financial Times report. According to officials involved in the talks, Greek Finance Minister Yanis Varoufakis had...

"If you're not willing to even consider a clash, you're not negotiating," Greek Finance Minister Yanis Varoufakis told the Greek parliament on Tuesday. The statement was made after the House gave the new government a vote of confidence and ahead...

Demonstration rallies will be held in all major cities across Greece in support of Finance Minister Yanis Varoufakis in today's crucial emergency meeting of euro zone finance ministers in Brussels. The rallies will take place at 6 p.m. today under...

British Finance Minister George Osborne late on Monday spoke of the increasing danger of a miscalculation leading to a "very bad outcome" between Greece and the euro zone, Bloomberg reports. Speaking in an interview with Bloomberg Television, the British official...

President of the Euro Working Group Thomas Wieser and EC financial representative Declan Costello left Athens empty-handed after meeting with Greek Finance Minister Yanis Varoufakis and Deputy Prime Minister Yiannis Dragasakis. According to a Proto Thema report, the two men...

Germany on Thursday dismissed Greece’s request for bridge funding that would give the country three months to negotiate new bailout terms, insisting that the newly-elected government must meet the requirements tied to its agreed program. German Finance Minister Wolfgang Schaeuble...

Greece must negotiate with the troika of international lenders on the basis of the bailout program, said German Finance Minister Wolfgang Schaeuble, after the meeting with his Greek counterpart Yanis Varoufakis in Berlin today. The two officials did not come to...

German Chancellor Angela Merkel is unlikely to agree to a bilateral meeting with Greek Prime Minister Alexis Tsipras at a European Union summit next week, a German government official said. The chancellor’s aim is to show Tsipras that he is...