Greece
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Greek Finance Minister

Tsakalotos to Address Restructuring Greece's Budgetary Surplus Targets at Eurogroup Meeting on Monday

Greece's Finance Minister Euclid Tsakalotos is off to Brussel's to attend Monday's Eurogroup meeting. Even though Greece is not one of the main topics of discussion scheduled to be addressed at the meeting, Tsakalotos will bring to the table the subject of...

Bloomberg: Greek FinMin Admits Grexit Still on Table

Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with Bloomberg. He pointed to the benefits of this, including the gradual recovery of investor confidence. Greece...

State Assumes Control of Athens Concert Hall After Covering Debts

The Athens Concert Hall, known locally as the “Megaron,” the foremost major arts center in the country, has come under state ownership after the government agreed to cover its bank debts to ensure its survival, it was announced on...

Bill on TV Licenses Submitted to Greek Parliament

The draft law on TV licenses was submitted to Parliament late on Wednesday, February 10. According to the provisions of the draft law, four licenses will be granted and the starting price will be determined by a joint decision of...

Greek FinMin Tsakalotos: 'There Will Be Victories and Defeats in the Negotiation'

Greek Finance Minister Euclid Tsakalotos expressed optimism that the government will overcome the obstacle of the negotiations with the creditors, on Sunday January 3rd, in an interview with Kathimerini. “In the negotiations there will be victories and defeats,” he said...

Greek Gov't Reaches Agreement With Creditors, Negotiations Over

The discussion between Athens and the creditors is expected to come to an end on Saturday, December 12, when the new multi-bill will be submitted to Greek Parliament. The bill will include the 13 prerequisites that will green-light the...

Former Greek FinMin Varoufakis Plans to Democratize Europe

Greek former Finance Minister Yanis Varoufakis visited Australia to give a lecture at Sydney University, where he explained what he has planned for the future. According to the newspaper Sydney Morning Herald, Varoufakis stressed that from the moment that a...

Impact of Capital Controls Was Smaller Because of Successful Government Action

There were economic consequences from the imposition of capital controls but the government deserves some credit for succeeding in limiting them with its actions, Finance Minister Euclid Tsakalotos said on Tuesday during a speech at parliament for the approval...

Tsakalotos and Dombrovskis Address Issues of Non-Performing Loans and First Home Protection

The Greek government and the institutions are seeking an honest compromise on the issue of non-performing loans, Finance Minister Euclid Tsakalotos and Vice President of the European Commission, Valdis Dombrovskis said on Monday. Speaking to reporters, after the meeting, Dombrovskis...

Meeting Between Greek Economic Staff and Institutions' Representatives Concluded

A meeting between Greece's economic staff and the representatives of the institutions on the implementation of the prior actions for the disbursement of the 2 billion euro sub-tranche was completed. On the Greek side, Finance Minister Euclid Tsakalotos and State...