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EU

French FinMin: Greece Cannot Play France off Against Germany

France's Finance Minister Michel Sapin warned Athens against any attempt to play Paris off against Berlin over Greece's debt crisis, saying a Franco-German agreement is key to striking a deal that would help Greeks and ensure they meet their commitments,...

Business Insider: ECB Squishing Greek Banks to Reach a Deal With the Government

The European Central Bank (ECB) is constantly adding pressure to Greek banks, threatening to withdraw emergency funding if the country's government does not compromise. In a time that the newly elected leftist Greek government is attempting to renegotiate the...

German Govt: No to Troika's Abolition in Greece

Berlin appears firmly negative to any one-sided changes regarding Greece's bailout program, German Finance Minister Wolfgang Schaeuble highlighted while addressing the Reuters Euro Zone Summit earlier today. Schaeuble's statements come just a few days ahead of the upcoming first tet-a-tet...

Watch the Documentary Greece's New Finance Minister Produced about the Greek Crisis

Before he became Greece's new finance minister, Yanis Varoufakis was very outspoken on what Greece needs to do to get out of the crisis. He even produced a documentary showcasing his suggestions about Greece's economy. In the following documentary...

EU Commissioner Moscovici: Eurozone Needs Greece and Greece Needs Eurozone

European Union Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, talking with BBC’s "Hardtalk," expressed the Eurozone’s determination to “do everything” to prevent a Grexit. As he said, Greece belongs in the Eurozone and the single...

Greek FinMin to Meet With French Counterpart on Sunday

Greek Finance Minister Giannis Varoufakis on Sunday will meet with his French counterpart Michel Sapin in Paris at 6:00 pm (Athens time). The two top officials will hold a joint press conference at 7:30 pm, according to Reuters. "The country wants...

EU's Katainen Urges Greece to Stick to Reforms

European Commission Vice President Jyrki Katainen urged Greece's new government on Friday to stick to the reforms agreed with international lenders, but signaled Athens could be offered more time to reach certain goals, Reuters news agency reported. “We expect them...

Greek Foreign Ministry: We do not Agree With the Spirit of Sanctions Against Russia

“We do not agree with the spirit of sanctions against Russia, which has adverse repercussions not only in agriculture as far as the economy of our country is concerned, but also more generally," Greece's Alternate Foreign Minister for European Affairs...

SkyGreece Authorized to Fly to Canada

SkyGreece Airlines SA has announced that the Canadian Transport Agency (CTA) has given its permission to the airline company to schedule international flights between EU member-states and Canada. “We are extremely happy with the CTA decision and it simply shows our determination...

New Greek Cabinet Likely to Be Announced on Tuesday, Senior SYRIZA Source Says

Forming a government will be the first priority of new Greek Prime Minister Alexis Tsipras, with the announcement and swearing-in of the new cabinet likely to be completed by Tuesday afternoon, a senior SYRIZA source said on Monday. In any case,...