Eurogroup
Economy
Foreign Media Reports On Eurogroup's 'Shipwreck' Meeting
Foreign media rushed to cover the February 16 Eurogroup meeting which ended with no deal between Greece and its European partners. The Wall Street Journal wrote about a “talks break down amid deep divisions over bailout," while the Guardian...
Economy
Former PM Samaras Calls on Gov't to Continue Negotiations with Eurogroup
"A rift is not the solution," former prime minister Antonis Samaras said on Monday evening, following the deadlock in negotiations in Brussels between Greece and euro zone finance ministers over the bailout program.
Europe has asked Greece to continue with...
Economy
Varoufakis: Europe Cannot Ask Us to Implement a Failed Program
Greece is and will continue to remain in the Eurozone and the Eurozone is indivisible, Greek Finance Minister Yanis Varoufakis said on Monday evening, following a meeting of the Eurogroup in Brussels.
Speaking at a press conference, Varoufakis expressed optimism...
Economy
Eurogroup: Greece's Government Rejects Memorandum Extension; Remains Hopeful
Eurozone finance ministers met to discuss the way forward for Greece in the context of the upcoming expiry of the country's current economic adjustment programme.
The discussions were based on the technical work carried out over the past few days,...
Greece
Former Greek PM Samaras Calls on Opposition Parties to Form Pro-European Front
Former Greek Prime Minister Antonis Samaras called on opposition parties "To Potami" and PASOK to form a pro-European front after this evening's impasse in Eurogroup negotiations over the Greek debt.
After Greece's failure to come to an agreement with international lenders...
Economy
Read the Draft Eurogroup Statement Rejected by Greece
Eurozone Finance Ministers abruptly concluded the Eurogroup meeting without reaching to an agreement over a new Greek program. Earlier today, the newly elected Greek government has rejected a draft statement that the European officials prepared for the meeting....
Economy
Eurogroup Talks on Greek Bailout Program Collapse
Without an agreement between the Greek government and the country's European partners concluded a few minutes before 8:00 pm the critical Eurogroup held today in Brussels. The Greek side has characterized the Eurogroup draft statement as "unacceptable" and...
Economy
French Foreign Minister: Respect the Greek People's Vote
French Foreign Minister Laurent Fabius, addressing both the European and the Greek side, just a few hours ahead of today's critical Eurogroup, made a plea to respect the Greek voters' mandate as well as the Greek government's reform commitments. In...
Economy
German FinMin Schaeuble: I Feel Sorry for the Greeks, They Elected an Irresponsible Govt
German Finance Minister Wolfgang Schaeuble directly accused the Greek government for acting "irresponsibly" in terms of the ongoing negotiations with its European partners, just a few hours ahead of the critical Eurogroup meeting to be held today in Brussels. As he...
Economy
Greece May Get an Interim Bailout Program After All
The awaited agreement on the Greek debt is very unlikely to be signed today, as both sides remain rigid in their demands. However, this lack of flexibility doesn't mean that Greece will collide head on with its European partners...