Gikas Hardouvelis
Greece
Greek Election Results Show Historic Victory of Leftist SYRIZA Party
Leftist SYRIZA party managed a historic victory in today's pivotal elections in crisis-stricken Greece and is very close to forming government.
Official Interior Ministry ballot results across Greece at midnight (approximately 67% of counted votes) show that SYRIZA will put 40-year-old...
Economy
Greek PM Convenes Meeting to Discuss Monday's Eurogroup
Greek Prime Minister Antonis Samaras, on Saturday chaired a meeting with Finance Minister Gikas Hardouvelis to discuss an upcoming Eurogroup meeting on Monday, the day after Greek elections.
Leaving the meeting at the government headquarters at the Maximos Mansion, Hardouvelis...
Economy
Greek FinMin: Extension of Negotiation Period May Derail the Economy
A prolonged period of consultation and negotiation with our partners without any clear result and time of completion, and, if there were any maximalistic demands, not taking into account what the creditors' side could give or any unilateral actions,...
Economy
Greek FinMin Hardouvelis Warns Over Economy Dropback due to Stalled Review
Greece's Finance Minister Gikas Hardouvelis warned that the country's economy could suffer a significant drop back into recession if the Greek bailout program review remains stalled. In an interview with the Sunday edition of Greek newspaper "Kathimerini," Hardouvelis pointed...
Economy
ECB Executive: Talk of Grexit Unreasonable and Unrealistic
The speculation of a possible Grexit, which lately dominates the Greek public sphere, ruled out European Central Bank (ECB) executive board member Benoit Coeure in an interview with the Irish Times. Coeure characterized such scenarios as "unreasonable and unrealistic."
When...
Economy
Greek FinMin: ECB Won't Provide Liquidity if Bailout Program Is Incomplete
His worries that the European Central Bank (ECB) will not provide the usual liquidity it offers to the Greek banks if the Greek bailout program is not complete, expressed earlier today the Greek Finance Minister, Gikas Hardouvelis. The liquidity...
Economy
Greek FinMin: An Accident Could Happen, and the Whole Idea is to Avoid it
The prospect of “leaving the euro area is not necessarily a bluff,” Greek Finance Minister Gikas Hardouvelis said in an interview with Bloomberg TV.
“An accident could happen, and the whole idea is to avoid it,” he added.
The main challenge...
Economy
SYRIZA Victory Does Not Mean Grexit, Party Says
In an "unofficial" announcement issued on Monday, Greek main opposition SYRIZA demanded from Prime Minister Antonis Samaras to immediately stop the campaign "to terrorize the Greek people and discredit the country abroad," while challenging him to reveal his plans to establish...
Economy
Athens Stock Exchange Marks the Beginning of 2015 with Special Ceremony
Political uncertainty is significantly affecting the course of the Greek stock market but things will stabilize after the general elections, Greece's Finance Minister Gikas Hardouvelis said on Friday.
Addressing a special ceremony held in the Athens Stock Exchange to mark...
Economy
Troika Negotiations with Greece Frozen Until Further Notice
Greece’s financing plan extension will come to an end on February 28, in accordance with the Eurogroup decision from December 8. After the failure to elect a new Greek President and the elections of January 25, troika is considering...