Greece
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debt relief

German FinMin Schaeuble Still Supports Temporary Grexit

German Finance Minister Wolfgang Schaeuble admitted that the austerity package approval by the Greek Parliament is an important step that would lead to further negotiations. He stressed that the new bailout deal will be even tougher than before, while he...

Greek PM Tsipras – German Chancellor Merkel Hold 'Constructive' Telephone Conversation

A constructive fifty-minute telephone conversation between the Greek Prime Minister Alexis Tsipras and the German Chancellor Angela Merkel was held on Thursday afternoon, only a few hours ahead of today’s crucial Eurogroup meeting in Brussels. According to a Greek...

Emergency Eurogroup to be Held Next Wednesday to Discuss Greece

An emergency meeting of the Eurozone member-states’ Finance Ministers is possible to be held next Wednesday, February 11, in Brussels in order to discuss the developments regarding the Greek program. The Eurogroup meeting, to be held on the eve...

Parliamentary Budget Report Questions Greek Success Story

A report by Greece's Parliamentary Budget Office for the first quarter of 2014 contests the key points of the country's economic "success story" and claims the government's medium-term fiscal plan is overly optimistic. The 59-page report claims that the Greek government should revise its targets...