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eurogroup meeting

IMF Reiterates: Lowering Greece's Primary Surplus Target After 2022 is Imperative

The target of achieving a primary surplus of 2 percent of GDP after 2022 offered to Greece by its European lenders at the last Eurogroup meeting must be lowered, the International Monetary Fund's (IMF) spokesman Gerry rice said on...

Greek Official Says 'We are Far From a Solution at Tomorrow's Eurogroup Meeting'

A Greek government official expressed pessimism in reference to the upcoming eurozone finance minister's meeting on Thursday. Commenting to Athens-Macedonia news agency, the anonymous official stated that “We are very far from a solution at tomorrow’s Eurogroup meeting.” An ekathimerini...

EU's Moscovici Optimistic that 'Fair Solution' on Greek Debt Relief Can be Reached at Next Eurogroup Meeting

In an interview published in the Funke group German newspaper on Wednesday, European Union Currency Commissioner Pierre Moscovici said that he is anticipating a deal to be reached between Greece and its international lenders in the next Eurogroup meeting...

French FinMin Le Maire Optimistic that Greece's Debt Relief Could Be Linked to Growth

On Monday, following a meeting with his Greek counterpart Euclid Tsakalotos, France's finance minister, Bruno Le Maire, seemed quite optimistic regarding the potential of a good outcome of Thursday’s crucial Eurogroup meeting scheduled to take place in Luxemburg. The meeting will...

ND on Eurogroup Meeting: Greek Government Attempting to 'Fool' Its People

The return of the institutions to Athens is accompanied by additional concessions, painful measures and the government’s negotiating failures, New Democracy said on Monday after the end of the Eurogroup meeting in Brussels. “Once again, the government is attempting to...

Eurogroup's Short-term Measures Will Lower Greek Debt by More Than €45 Million

The short-term measures announced by Eurogroup on Monday will lower Greece’s debt by more than 45 billion euros, while rates were set at 1.5 percent, government sources said on Monday, commenting on the meeting of Eurozone’s finance ministers in Brussels. “It...

FinMin Schaeuble : Greece Needs Structural Reforms, Not Debt Relief

According to Reuters, on Sunday Germany's finance minister, Wolfgang Schaeuble commented to the German newspaper Bild am Sonntag that he believes the answers to Greece's financial woes should come in the form of reforms rather than debt relief. In order to sustain itself...

PM Tsipras and President Hollande: Technical-level Agreement Imperative Before Dec 5 Eurogroup Meeting

It is imperative to have a technical-level agreement before the Eurogroup meeting on December 5 and discuss measures for debt relief by the end of the year, Prime Minister Alexis Tsipras and French President Francois Hollande both stated in agreement...

Dijsselbloem Urges European Lenders to Be 'Realistic' in Setting Greece's Fiscal Targets

On Monday the president of Eurogroup, Jeroen Dijsselbloem, told eurozone finance ministers that the time for realistic expectations regarding Greece's fiscal targets is on the horizon as he bluntly stated: "We need to be realistic" about setting expectations for the...

Dombrovskis: Greek Debt Measures on Agenda at December 5 Eurogroup Meeting

"We can expect the conclusion of the second program review in the foreseeable future," European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said on Monday in Brussels, stressing the "significant progress" that had already been achieved. Asked on...