Eurogroup
Greece
Greek Government Has 28 Days to Complete 2nd Bailout Program Review
The Greek government will rush to complete the second bailout program evaluation by December 5, when the euro zone finance ministers will convene for the last time in 2016.
Prime Minister Alexis Tsipras stressed the issue in the first cabinet meeting...
Economy
EU Finance Commissioner: Varoufakis Was a Narcissist Who Cannibalized Discussions
Yanis Varoufakis disliked the Eurogroup president, refused to negotiate and caused Greece to lose six precious months," writes EU Commissioner for financial affairs, Pierre Moscovici in his book.
In his latest book entitled "If it's Midnight in the Century," the...
Economy
Dijsselbloem's Spokesman Clarifies That 'Social Security Measures' Concern Minimum Guaranteed Income
Michel Reijns, spokesman of Eurogroup's chief Jeroen Dijsselbloem, made clear on Wednesday that the statement regarding "social security measures" does not concern pension reforms, but the minimum guaranteed income.
Dijsselbloem had informed the Dutch lawmakers on Tuesday that measures concerning...
Economy
Government Goes Over Issues of 2nd Review at First Meeting with Institutions
The progress made so far in negotiations and the issues that will dominate the second review of Greece’s program were discussed in the first meeting between the government and representatives of the institutions in Athens on Sunday, finance ministry...
Economy
SEV: Debt Relief Alone Will Not Bring Investors to Greece
The debt relief measures the Greek government is trying to achieve will not suffice to bring investors, says the Hellenic Federation of Enterprises (SEV) weekly newsletter.
The SEV newsletter points out that the short term debt easing measures European creditors...
Economy
EU Finance Commissioner: Greek Debt Relief in Hands of Euro Zone Member States
The solution of Greece's debt relief issue lies solely in the hands of the euro zone member states, said European Commissioner for Financial Affairs Pierre Moscovici.
The commissioner's statement came as a response to a request tabled by 36 European...
Economy
German FinMin: Greece Must Have Privatization Fund Management in Place by Year End
German Finance Minister Wolfgang Schaeuble said that Greece must have the management of its privatization fund in place by the end of 2016, Reuters reports.
Schaeuble spoke in the aftermath of Monday's Eurogroup in Luxembourg, where euro zone finance ministers...
Economy
Greek FinMin Pleased With Eurogroup Decision for Release of Half Tranche
Finance Minister Euclid Tsakalotos said he’s pleased with the result of Monday’s Eurogroup as he spoke to the press after the meeting in Luxembourg.
"There was a very good Eurogroup for Greece. It was unanimously decided that Greece had completed...
Economy
Eurogroup Approves 15 Milestones and Unlocks Half of Bailout Tranche for Greece
The Eurogroup welcomed the implementation of the 15 milestones set for Greece in the context of the first review of the European Stability Mechanism's program, however, this did not result in the unlocking of the full 2.8-billion-euro tranche benchmarked...
Economy
Monday's Eurogroup to Decide on Disbursement of €2.8 Bln Loan Tranche to Greece
On Monday afternoon (today), the Eurogroup in Luxembourg will decide on the disbursement of the 2.8 billion euros loan tranche to Greece.
The meeting of the euro zone finance minister officials will be preceded by a Euro Working Group session...