Euro Summit

IMF Ready to Work with Greece and Europe‏

The International Monetary Fund (IMF) said on Monday it is ready to work with the Greek authorities and its European partners to help moving forward an agreement reached during a Euro Summit earlier in the day. IMF Director of Communications Gerry Rice said in a...

Euro Summit on Greece: Behind the Scenes

A lot has happened during 17 hours of talks on the Eurozone's future. Before Greece and its creditors agreed on a new 86-billion European Stability Mechanism (ESM) program, there were multiple interruptions and as the night went on, reports of impasses and confrontations...

Euro Summit Press Conference on Greece

Watch the live stream of the press conference following the decisive July 12 Euro Summit where Eurozone leaders decide the fate of Greece. This live event starts at 8am Brussels time. (delayed by the Summit) Streaming provider:EBU

Twitter Says #ThisIsACoup As EU Strangles Tsipras and Greece

In the most crucial meeting for the Eurozone, EU leaders are pushing even further for more austerity in Greece.  Twitter users are reacting heavily to Greece's creditors demands that many call unreasonable and undemocratic. The past hour the hashtag #ThisIsACoup (#2 hashtag...

Special European Council Meeting on Greece Cancelled

President Donald Tusk called off a special European Council meeting set for later today. During the meeting the Council was supposed to discuss the Greek bailout proposal. I have cancelled #EUCO today. #EuroSummit to start at 16h and last until...

Evaluation of Greek Proposals to Be Completed on Friday Night

The institutions received the Greek government's letter with proposals and prior actions on time, stated a Eurozone official, refusing however to give an estimation on the letter's context. According to the same official, the European Commission, the European Central Bank...

Greece Euro Summit Ends Without Agreement – Greek Proposals Due Thursday

After more than three hours of talks, Tuesday's Euro Summit decided that there will be another European Union summit this upcoming Sunday to discuss the Greek government's new bailout proposals expected in writing by July 9. Earlier at the Eurogroup,  the nineteen Eurozone finance ministers...

Hollande-Juncker-Merkel Call for Greek Solution Prior to Meeting With Tsipras

Upon their arrival for a meeting with Greek Prime Minister Alexis Tsipras in Brussels, prior to the scheduled Euro Summit, European Commission President Jean-Claude Juncker, French President Francois Hollande and German Chancellor Angela Merkel commented on the potential for...

Merkel and Hollande Respect Greek Referendum but Demand Concrete Proposals

German Chancellor Angela Merkel and French President Francois Hollande held a joint press conference where they addressed the result of the Greek referendum, following their meeting in Paris on Monday. The two leaders said they respect the Greek people's vote and noted...

Donald Tusk Calls Euro Summit on Tuesday

The rejection of the creditors' proposed bailout in Sunday's Greek referendum has not only raised questions about the future of Greece but also of the Eurozone. In response to these developments and to German Chancellor Angela Merkel and French President Francois Hollande's call for an...