Euro Working Group
Economy
EWG Gives Greece 24-Hour Deadline to Comply with Bailout Actions
The Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that loose ends are tied up by Tuesday. The decision, based on a compliance report compiled...
Economy
Monday's Euro Working Group to Decide on Greece's Loan Tranche
The Greek government is rushing to close all pending bailout program prerequisites until Monday, when the Euro Working Group will decide whether to give the green light for the disbursement of the much-needed loan tranche.
In addition the completion of...
Economy
Europe-IMF Still Disagree over Greek Debt Relief Ahead of Eurogroup
The Euro Working Group session was completed late on Monday night in Brussels with European lenders and the International Monetary Fund still in disagreement over easing the Greek debt.
According to a Kathimerini report, several issues remain pending before Greece's...
Economy
Greece's Creditors Disagree Over Ways to Ease Debt
The possibility of creditors reaching an agreement on easing the Greek debt before the May 24 Eurogroup is removed, according to a source close to the Euro Working Group talks.
Several member states expressed serious doubts over the debt easing...
Economy
EWG Set for Staff Level Agreement on Greece
A meeting of the Euro Working Group (EWG) is taking place at this time in Brussels and is focused on reaching a staff level agreement on the completion of the program for Greece. The EWG meeting is believed to...
Economy
Eurogroup to Focus on Greek Debt Relief, Contingency Measures Mechanism
The contingency mechanism to correct fiscal divergence and Greek debt relief will be the focus of today's (Monday) meeting of euro zone finance ministers.
Greece goes to the emergency Eurogroup in Brussels after the tax and security fund reforms were voted...
Economy
Greece Rushes to Complete Bailout Program Review by April 13
Greece is rushing to complete the bailout program review by April 13 so that the government can start discussing debt easing during the meeting of euro zone finance ministers April 15-17.
Athens needs to close five pending issues before that...
Economy
Greece Can Expect Debt Restructuring, But Not Nominal Debt Relief, Head of Euro Working Group Says
The Grexit matter is completely off discussions, according to Thomas Wieser, head of Euro Working Group.
Speaking to the Austrian newspaper WirtschaftsBlatt, Mr. Wieser said that no one wishes to bring up any more the prospect of a Grexit as...
Economy
Evaluation of Greece's Bailout Program Progress Delayed
The evaluation of the progress of Greece's bailout program seems to be delayed further after Monday’s Euro Working Group ended without an agreement on when the lenders' mission chiefs will return to Athens.
During a reportedly tense meeting, the differences...
Economy
Greek Parallel Economic Bill Withdrawn
The Greek government was forced by international lenders to withdraw the parallel economic program bill from parliament on Thursday, while the Euro Working Group was meeting on the completion of the 13 prerequisites for the approval of the 1...