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Eurogroup

IMF Disagrees with Greek Proposal on Pension Reforms

Poul Thomsen, Director of the European Department of the International Monetary Fund, rejects the Greek proposal on security fund reforms, according to a real.gr report. Thomsen also expressed the opinion that the first evaluation of the progress of Greece's bailout program...

European Commission Official Calls Greek Pension Reform Proposal 'Ambitious'

A European Commission official who looked at the Greek proposal on pension reforms called it "ambitious," adding that further additions and changes might be needed. The Commission official briefed the press in Brussels on the matter of the upcoming Greek bailout...

Europe Insists IMF Remains in Greece's Bailout Program

European finance ministers are in favor of Greek debt easing but insist that the International Monetary Fund should remain in Greece's bailout program. Greek Finance Minister Euclid Tsakalotos is in a series of meetings with European counterparts ahead of Thursday's...

Greek Fin Min Meets with European Counterparts

Greece's Minister of Finance Euclid Tsakalotos and his economics team are in the middle of a series of meetings with European counterparts ahead of the crucial assessment of the Greek bailout program. On Friday Tsakalotos met with Italian Finance Minister...

Greek State Minister: Social Security Bill May Exceed Government Majority

Greece's draft law on social security reforms may pass with a higher percentage than the government majority, State Minister Nikos Pappas said in an interview with Efimerida ton Syntakton newspaper on Monday. The government's proposal puts an end to the...

Eurogroup Chief: Greece's Bailout Review Will Take Months

The first comprehensive review of Greece's bailout program will take months to complete, not weeks, said President of Eurozone finance ministers Jeroen Dijsselbloem, on Thursday. Greece expects the completion of the first review so that European partners will sit down...

Greece to be Under Close Eurogroup Supervision in 2016

Greece will feature heavily on the Eurogroup agenda in the first six months of 2016 as creditors want to supervise closely the progress of the bailout program in order to avoid the costly delays of 2015. The progress of the...

Draft Bill on Prior Actions Needed for 1-bln-euro Bailout Tranche Tabled in Parliament

A draft omnibus bill legislating for the prior actions and milestones Greece must implement in exchange for a 1.0-billion-euro tranche of bailout loans has been tabled in Greek Parliament, following an agreement reached with Greece's creditors late last week. The...

FinMin Tsakalotos: Greek Programme on the Right Track

Greek Finance Minister Euclid Tsakalotos said that the Greek programme is moving in the right direction adding that the government will continue the hard work. Upon his arrival to the Ecofin meeting in Brussels on Tuesday, Tsakalotos stressed that the...

Eurogroup Urges Greece to Swiftly Implement Bailout Prior Actions

Eurozone officials addressed the progress of the Greek bailout and its future, following a Eurogroup meeting in Brussels on Monday. Eurogroup President Jeroen Dijsslebloem noted that the design of the second stage of the bailout package had been agreed...