Eurozone
Economy
Eurogroup Teleconference Green Lights the Greek Reforms List
The Eurozone Finance Minister's held a teleconference on Greece's reform plans and a four-month extension of its bailout, with the participation of the International Monetary Fund (IMF) Managing Director Christine Lagarde, the European Central Bank (ECB) President Mario Draghi...
Greece
Productive Reconstruction Minister Lafazanis: Eurogroup Agreement Should Not Void the Gov't Program
Productive Reconstruction, Environment and Energy Minister, Panagiotis Lafazanis, in two interviews with Greek Sunday newspapers Proto Thema and Realnews, expressed his opinion that the agreement reached on Friday's Eurogroup between the Greek government and the country's Eurozone partners should...
Economy
Moscovici: EU is not Reviewing a 'Plan B' for Greece
The European Commission wants Greece to stay in the Eurozone and is not reviewing a "Plan B" on the country's exit from the monetary union, EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici said in...
Economy
Greek Gov't Spokesman: We Are Working to Ensure the List of Reforms is Accepted
The Greek government is in constant communication with its European loan partners in order to achieve the maximum consensus regarding its list of reforms to be submitted by midnight. According to government spokesman Gavriil Sakellaridis, the list will include,...
Greece
Foreign Minister Kotzias Stresses Greece's Importance in Regional Stability
Foreign Minister Nikos Kotzias underlined the geopolitical importance of Greece in the meeting of Med Group diplomats. Mr. Kotzias underlined that a possible Greek economic collapse would have negative results in the entire region.
As he argued, Greece’s destabilization at...
Cyprus
Cypriot Gov't: Eurogroup Decision Secures Greece's Position in the Eurozone
Friday’s crucial Eurogroup meeting with both the Greek side and the Eurozone member states’ Finance Ministers appearing pleased with the negotiations outcome, is what has been described as a rare compromise. Cyprus, among the 19 Eurozone members, has welcomed...
Greece
SYRIZA MEP Glezos Apologizes to Greek People for 'Contributing to an Illusion'
Historic member of Greek Left, World War II resistance participant and SYRIZA MEP Manolis Glezos heavily criticized the Greek government for the Eurogroup negotiations handling as well as the agreed outcome. In a sharp statement published on the website...
Economy
German Vice Chancellor Gabriel: Everyone Relieved by the Greek Deal
German Vice Chancellor and Social Democratic Party (SPD) President Sigmar Gabriel welcomed the Eurogroup’s agreement on the Greek issue during a visit to Madrid. “Here, everybody was relieved that it was possible after all to reach a major breakthrough...
Economy
Greek FinMin Varoufakis Certain Reforms List Will Be Approved
Greek Finance Minister Yanis Varoufakis appears certain that the list of reforms the Greek government discussed yesterday in a meeting under Prime Minister Alexis Tsipras will be approved by the country’s European partners. “The list will be submitted and...
Economy
What Greece Actually Got From the Eurogroup Negotiations
Friday’s crucial Eurogroup meeting belongs to history, after what was seen as a historic compromise for both the Eurogroup and a member-state of the single currency as well as a process during which Greece -- according to its Finance...