Euro Working Group (EWG)
Economy
Greek Deputy FinMin Sees Agreement with Creditors on Wednesday
Greek Deputy Finance Minister Dimitris Mardas in statements to Greek television said that he sees an agreement with the country's creditors on Wednesday.
He estimated that creditors are not going to delay the negotiations. "I see an agreement tomorrow," he underlined. Regarding the country's cash...
Economy
Greece and Creditors Still Far Apart from Deal
Greece's international creditors spent the weekend studying the list of reforms the Greek government presented on Friday and sources from Brussels say that it may take one or two weeks before a final decision is made whether further financial...
Economy
Euro Working Group: 1.2 Bln Euros from EFSF Frozen
The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had no claim to the 1.2 billion euros that the country requested from the European Financial...
Economy
Eurogroup Asks EFSF to Assist Greece's 1.2-Billion-Euro Claim
Eurogroup President Jeroen Dijsselbloem has requested from the Euro Working Group and the European Financial Stability Facility (EFSF) to examine Greece’s request for a 1.2-billion-euro refund, linked to previous funds it received in order to capitalize its banking system.
Athens...
Economy
EWG Emergency Teleconference Tomorrow to Discuss Greek Reform Proposals
A few minutes ago, Greek government sources have confirmed leaked information regarding a possible Euro Working Group (EWG) emergency teleconference to be held tomorrow, which will examine the Greek reform proposals and the country’s future financial support. The information,...
Economy
Troika Threatens Greece with Liquidity Suspension
As reported by German financial review "Handelsblatt," the Troika of Greece’s lenders has threatened the country to suspend the provision of liquidity, unless an agreement is reached for the completion of the Greek program's final review. Such a development...
Economy
Six-Month Extention in Greek Program Under Consideration, New Review Deadline on December 14
The possibility of extending Greece 's bailout program by six months, to mid 2015, is being considered by the Eurozone Finance Ministers, according to a document obtained by Reuters, while Athens insists it is only discussing an extension of a...
Greece
Greece Prepares for Tough Negotiations with Troika
In his meeting with the head of the Euro Working Group (EWG) Thomas Wieser, Prime Minister of Greece Antonis Samaras, while discussing the time limit during which important decisions will be taken concerning the budget gap of the Greek program and the...