Euclid Tsakalotos

Greek Fin Min Admits the Poor will Not Benefit from New Measures

Finance Minister Euclid Tsakalotos admitted that Greece's poor will not benefit from the new measures and that Tuesday's Eurogroup outcome was not as good as it was hoped. Tsakalotos and Deputy Finance Minister Giorgos Chouliarakis gave a press conference in...

Euro Zone Agrees to Give Greece €10.3 Bln Loan Tranche Under Conditions

Euro zone finance ministers early Wednesday morning agreed in principle to disburse 10.3 billion euros on condition that Greece corrects some pending issues in the bailout program. After an 11-hour long Eurogroup meeting in Brussels that was completed at 3...

Greek PM: Despite Difficulties, the Left is Creating the Conditions to Exit the Crisis

The positive outcome of Greece’s negotiations with its lenders and the expected positive development in debt relief will mark the entry to a new era for the economy, Greek Prime Minister Alexis Tsipras said on Friday during a meeting...

Economy, Finance Ministers the Richest Politicians in Greece

Greece's finance and economy ministers are probably the richest politicians in Greek parliament, after the parliamentary committee on transparency released the 2012 asset declarations of all parliament members on Wednesday. Greek Economy Minister Giorgos Stathakis has bank deposits in Greece...

Greek FinMin Euclid Tsakalotos: Upbeat and Relieved After Eurogroup

Greek Finance Minister Euclid Tsakalotos kicked off his press conference following the May 9 extraordinary Eurogroup meeting on Greece with optimism. "This was a very good eurogroup for Greece, and I think a very good eurogroup for Europe." Speaking on...

Leaked Letter: Greek FinMin Urges Eurogroup to Recall Contingency Measures

Greek Finance Minister Euclid Tsakalotos reportedly sent a letter to his Eurozone counterparts, ahead of a Eurogroup meeting on Monday, warning that it is not possible for contingency measures worth 3.6 billion euros to be imposed. The letter, exposed by...

Greek Gov't Optimistic that Agreement is Imminent

The Greek government is optimistic that a deal with creditors will be signed within the next few days, based on statements by European Commission President Jean-Claude Juncker and European Council President Donald Tusk. Sources from Maximos Mansion say that European...

Greek PM Holds Cabinet Meetings Ahead of Crucial Monday Eurogroup

Greek Prime Minister Alexis Tsipras has started a series of meetings with key cabinet members hoping to reach an agreement with creditors during Monday's Eurogroup. The meeting of euro zone finance ministers on May 9 is crucial for Greece as wrapping...

Greece, Creditors Talks to Resume, But Deal on May 9 Eurogroup Unlikely

Greece's bailout negotiations with international creditors are to resume by teleconference on Tuesday, ahead of the extraordinary Eurogroup on May 9. According to Greek media, it is unlikely that much ground will be covered until the May 9 meeting of Eurozone Finance...

Eurozone Finance Ministers to Hold May 9 Meeting on Greece

The next meeting of Eurozone Finance Ministers to discuss Greece’s massive bailout will be held in Brussels on May 9, Athens said Thursday. "Eurogroup chief Jeroen Dijsselbloem has informed Greek Finance Minister Euclid Tsakalotos that the meeting will take place...