Euclid Tsakalotos
Economy
Greece Planning €19B 'Safety Net' to Avoid More Loans
Greece is drawing up plans for its own €19-billion ‘safety net’, to avoid the need for more credit from international lenders, Athens' finance minister has said.
Euclid Tsakalotos said the government wanted a clean break from its bailout program later...
Economy
Online Auctions Overshadow Greek Bailout Progress
Monday's crunch Eurogroup meeting may have praised Athens for legislating 95 of 110 “prerequisites” needed to access bailout funds but stressed the need for online auctions before a next loan tranche is disbursed in February.
Greece’s government has committed to...
Greece
Anarchists Storm Ministry of Finance in Athens
A group of around 30 people believed to be members of the Greek anarchist group Rouvikonas (Rubicon) stormed the Finance ministry in the center of Athens.
The group entered the main entrance of the building at Nikis Street and reached...
Greece
Santorini, Crete Join Mykonos to Fight Casinos
Local authorities in the Greek islands of Santorini and Crete have hit out at government plans to allow the casinos to open on the popular tourist destinations.
Last week, the mayor of cosmopolitan Mykonos sent a letter to Prime Minister Alexis...
Economy
Banking Union not Enough to Save Eurozone
Greek Finance minister Euclid Tsakalotos tackles the eurozone's banking and financial challenges in an article he contributed to the Financial Times newspaper.
The Fin Min claims that debate in recent months over the extent to which a fully operational banking...
Greece
Communists at Home, Capitalists Abroad (videos)
The hypocrisy of Greece's leftist government became evident once again last week, in two continents nonetheless.
The administration that came to power promising to end austerity, corruption, tax evasion and protect the poor, and then did the exact opposite of...
Economy
Greece Reaches Deal with Creditors on Reforms under Bailout Review
Greece and its international creditors agreed on a set of economic reforms the country must undertake in exchange for fresh loans.
The agreement on a range of often politically sensitive measures - covering fiscal issues, energy and labor market reforms,...
Economy
Greek Gov't: We will Protect Homes of Working Class from being Auctioned
The Greek government will protect the primary residences of low income families from being auctioned off, government spokesperson Dimitris Tzanakopoulos said on Thursday.
The statement came after the meeting of the SYRIZA political council, chaired by Prime Minister Alexis Tsipras....
Economy
Greek FinMin: Family of 4 with €12,000-18,000 Income is Middle Class
Greece's Finance Minister Euclid Tsakalotos on Wednesday said that a family of four with an annual income of 12,000-18,000 euros is middle class, and they qualify for a social dividend of 500 euros.
Speaking in parliament, Tsakalotos said that the...
Economy
Greece Eases Up on Capital Controls Again
Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country.
According to the new regulations, Greek residents will be able to withdraw 100 percent of money transferred from abroad to current accounts opened in Greek credit institutions,...