Eurogroup

The liquidity problem is a "result of past settlements," stated to the Sunday edition of "Avghi" newspaper Greek government Vice President Yiannis Dragasakis, adding that the cash reserves' impasse in February and March was faced with the intensification of revenues...

"I believe we are close to an agreement. The most important is for it to be done correctly. Not only to sign whatever agreement in order to have an agreement but to manage to achieve something that will be...

The Greek government is seeking a solution to its financial dead-end, before its funds run out and while Athens is looking to achieve an Interim Agreement, it maintains its “radio silence” in regards to the critical negotiations. Talks have intensified...

Main opposition New Democracy accused the government on Friday of creating a very negative climate for Greece in Europe. "The truth that should worry the government is that the statements of top officials from the whole political range of the...

Today's Eurogroup bore no fruit for Greece and Finance Minister Yanis Varoufakis was reportedly hammered by his peers. A clear image for the negative climate Greece's outspoken Finance Minister encountered is given by Eurogroup President Jeroen Dijsselbloem. The Eurogroup President said the...

European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA). "ELA will continue to be given until Greek banks will be solvent and have adequate collateral," Draghi told journalists...

Greece's outspoken Finance Minister Yanis Varoufakis, who has reportedly faced a hostile environment in today's Eurogroup in Riga, Latvia, said Athens is now ready to make "big compromises." According to a Bloomberg report, Varoufakis was referred to as a "time-waster, a...

Friday's meeting of euro zone finance ministers bore no fruit for Greece and Finance Minister Yanis Varoufakis was hammered by his peers. Athens was hoping that the meeting in Riga would help release much-needed partial funding. Especially after Thursday's statements...

There is a “great sense of urgency” among all to reach a deal, the head of the Eurogroup Jeroen Dijsselbloem on Friday said in doorstep statements prior to the Eurogroup meeting in Riga, Latvia. We will hear from the representatives...

Greece and its international creditors have not agreed on a "Plan B" in case the country fails to pay the International Monetary Fund (IMF) on time or default, as there is still no agreement over the disbursement of its bailout funds,...