Greece
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Finance Minister Euclid Tsakalotos

Tsakalotos: Eurogroup Decision Provides Greater Clarity for Greeks, Markets

Eurogroup's decision on Greece provides much greater clarity for both Greeks and the financial markets, but maybe not as much clarity as Greeks deserved, Finance Minister Euclid Tsakalotos said on Thursday, after the Eurogroup meeting in Luxembourg. In a joint...

Greece Unlikely to Get Reassurance in Clarity on the Debt Issue from Creditors

Following an Economist Conference that took place last Wednesday in Frankfurt, Yannis Stournaras, the governor of the Bank of Greece, warned that Greece's economy "cannot withstand the uncertainty of one more year on whether there is going to be some...

Greek Energy Minister to Join Greek Negotiating Team in Brussels

  Energy and Environment Minister George Stathakis will join the Greek negotiating team in Brussels, ministry sources told the Athens-Macedonian news Agency on Tuesday, without specifying the date. Stathakis is currently in Berlin where he participated in the Berlin Energy Transition...

Government Wants 'Political Solution' for Program Review at Next Eurogroup

Greece wants to achieve a "political solution" on the whole package of measures (reforms, primary surpluses, mid-term measures on debt) negotiated with its lenders at the Eurogroup on February 20 and will figure out the details later, Finance Minister...

ND Says Tsakalotos' Letter to Institutions Is a 'Humiliating Apology'

Main opposition New Democracy attacked the government on Monday, accusing it of "hypocrisy," while noting that a letter sent by Finance Minister Euclid Tsakalotos to the institutions was essentially a "humiliating letter of apology." In order to persuade the European...

ND Demands PM Tsipras Reveals Tsakalotos' Letter to the Public

On Tuesday main opposition New Democracy (ND) sternly attacked Prime Minister Alexis Tsipras characterizing him "the best ally of Europe's extremists that want Greece trapped in endless austerity." In an announcement the main opposition accused the government that it refused...

Gov Sources Report: No Additional Commitments in Finance Minister's Letter to ESM

Almost as soon as he signed it, Greek Finance Minister Euclid Tsakalotos is reserving the right to change a guarantee he gave the country’s international lenders not to hand out bonuses without their permission. Prime Minister and Radical Left SYRIZA...

Fin Min Tsakalotos: The Real Problem Is Lack of Generosity Towards Debt Relief From Some Member States

"The Greek economy that has recorded, for third consecutive quarter, positive growth rates needs a clear corridor for the next years," said Finance Minister Euclid Tsakalotos in an interview with Efimerida ton Syntakton newspaper on Friday. "An agreement in January...

Finance Issues, Labor Reforms, Settling NPLs Discussed During First Round of Talks With Institutions; New Round Starts November 14

On Thursday, the government concluded the first round of negotiations with the institutions on the second program review, Finance Minister Euclid Tsakalotos said on Thursday, adding the heads of the institutions will return on November 14. According to a senior government...

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...