finance minister
Greece
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,"...
Economy
Varoufakis: 'Accidental Economist' Becomes Greece's Finance Minister [video]
He has called himself an "accidental economist" and has likened Greece's position in the euro zone as a "Hotel California" lyric, he has taught economics in Greece, Britain, Australia and the U.S., his controversial blogposts won him thousands of...
Economy
EU Official: Greece Unable to Exit Bailout Without Assistance
Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...
Greece
Hardouvelis – Schaeuble: We Should Find a Common Solution for Greece's Next Day
An hour-long meeting was held earlier today between Greek Finance Minister Gikas Hardouvelis and his German counterpart Wolfgang Schaeuble, on the sidelines of the OECD World Forum held in Berlin.
The two Ministers, amongst other, focused on the upcoming review...
Economy
In Wake of IMF Praise, Greece Seeks Eurogroup Support
Greece's exit from the memorandum dominated yesterday's discussion between Finance Minister Gikas Hardouvelis and International Monetary Fund (IMF) chief Christine Lagarde in Washington.
Greece has initiated a series of talks to end International Monetary Fund aid to the country, but will continue...
Economy
The Upcoming Troika Negotiations: A Case of Hot Potatoes?
The Troika's upcoming evaluation of Greece's financial recovery will include a helping of “hot potatoes” for the Greek government – that is to say, the need to address heated topics such as retirement age, public sector layoffs and health care costs.
Today, a meeting...
Economy
ENFIA Tops Agenda at MPs and Hardouvelis Meeting
The errors in the calculation of the unified property tax (ENFIA) topped the agenda of a meeting between Finance Minister Gikas Hardouvelis and coalition government MPs, as the government prepares to make changes to the levy that should ease the burden on thousands...
Crime
Stournaras Gets a Bullet in the Mail
Greek Minister of Finance Yiannis Stournaras, who has devised new austerity measures that have infuriated many Greeks already suffering from repeated pay cuts, tax hikes and slashed pensions, has reportedly received an envelope containing a bullet and a life-threatening...
Greece
International Media Praise Greece's Incoming Finance Minister Y. Stournaras
After Vassilios Rapanos resigned from Finance Minister, the Greek government appointed Yannis Stournaras as new minister. International media rushed to publish a short biography of this new political figure while they remarked that this choice for the crucial finance...
Economy
Fake Deficit Employed to Impose Harsh Austerity Measures
According to Zoe Georganta, Professor of the University of Macedonia and until recently member of the board of directors of the Hellenic Statistical Authority (EL.STAT.), the data presented in 2009 concerning the country’s deficit were false and Greece entered...