Euro Working Group

While the Greek government maintains that it has already completed 90 percent of prior actions required, Brussels doubts that Athens has met its pledges. There are several key issues that have not yet been resolved, such as foreclosures on bad...

It has been 12 days since the Greek parliament ratified a list of prior actions that would pave the way for the disbursement of two billion euros of the bailout funds to Greece. A few days later representatives of the country's international...

A meeting between Greece's economic staff and creditors' representatives on the implementation of the prior actions required by the bailout program is underway. On the Greek side, Finance Minister Euclid Tsakalotos and State Minister Alekos Flambouraris participated in meetings on...

Greece will have to adopt almost 50 policy, economic and legislative reforms and measures if it is to collect more money from the 86 billion euro Greek bailout. Naftermporiki newspaper cites a European official who claims there are 48 prior actions that the Greek...

Greek Prime Minister Alexis Tsipras upon his arrival from the U.S. has to oversee the implementation of the measures required by the bailout program. A European Union official said that Friday's Euro Working Group will finalize the list of about...

After the Euro Working Group session on Thursday it was decided that the Greek government is still within the timeline to implement reforms required and fulfill the terms of the agreement. The lenders representatives gave the Euro Working Group a...

Euro Working Group President Thomas Wieser  has illuminated what Greece needs to do to receive additional funds from the bailout in the short term. During an interview with Bloomberg on Tuesday, Wieser stated that Greece's new 86 billion euro bailout agreement, has...

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’s request for a loan from the European Stability Mechanism (ESM) is currently being reviewed by Eurozone technical experts in the Euro Working Group, according to Reuters. However, it was announced that there will not be a conference between...

There are signs of positive developments in the negotiations between Greece and creditors' representatives that started again yesterday in Paris. The Greek government's aim to achieve a primary surplus of 1.2% in 2015 seems to be accepted by creditors. Furthermore,...