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German Ex-Finance Minister Schäuble Admits ''I Asked a Lot From The Greeks''

Wolfgang Schäuble, the former Finance minister of Germany and the current President of the German Parliament, gave an interview to Berliner Morgenpost newspaper on Monday in which he admitted that he ''asked a lot from the Greeks'' during the...

Tsakalotos: IMF’s Requirements Side-Line European Democratic Values

The demands put forward by the International Monetary Fund (IMF) which require that Greece legislates now for measures that will be implemented after the end of the current bailout program are side-lining democratic values, Finance Minister Euclid Tsakalotos said...

Deadline Extension Moved to November for Greek's Property Declarations

The Finance Minister has extended the deadline for making amendments to annual declaration forms for property owners due to numerous errors on the incoming forms received so far. The reposes to the errors on the part of the government has been...

Tsakalotos Says There's No Grexit Fear After Brexit

What the impact of Britain’s vote to leave the European Union this past Thursday will have on the Greek economy will have to be examined carefully, but there’s no issue of a Greek exit from the Union, Finance Minister...

Salaries, Pensions Not Excluded from Automatic Spending Cuts in Greece

Wages and pensions are not excluded from the automatic spending cuts the Greek government is obligated to make if it fails to reach fiscal targets in 2017. Greece has proposed to its lenders a mechanism that would automatically cut state...

Ex Greek FinMin: 'I Sent My Money Abroad Because I was Worried'

Former finance minister Gikas Hardouvelis admitted that he sent money abroad to foreign bank accounts in 2012, because, as he put it, he was "worried, like all Greeks." Hardouvelis appeared on Star television after newspaper reports on his actions. The former...

Former Financial Crime Squad Chief Allegedly Falsified 'Lagarde List'

Former head of Financial Crime Squad (SDOE) and public prosecutor Yiannis Diotis is accused by former finance minister Giorgos Papakonstantinou that he is responsible for adulterating the "Lagarde List". Giorgos Papakonstantinou served as finance minister during the George Papandreou administration...

Greek FinMin to CNN: Electorate Excited with New Deal

Greek Finance Minister Yanis Varoufakis said the electorate is excited with the new deal when he spoke to CNN a few hours before sending the final list of reforms by the Greek government to its European partners. Mr. Varoufakis spoke to...

Greek and German Finance Ministers 'Couldn't Even Agree to Disagree'

Greece must negotiate with the troika of international lenders on the basis of the bailout program, said German Finance Minister Wolfgang Schaeuble, after the meeting with his Greek counterpart Yanis Varoufakis in Berlin today. The two officials did not come to...

Greek Fin Min: 'We Don't Need the €7 Billion Tranche'

Greece 's unconventional new Finance Minister Yanis Varoufakis is turning moderate as negotiations with the country's international lenders approach, says a New York Times article. Varoufakis has made controversial statements regarding the Greek bailout program, calling it a "toxic mistake,"...