Greek Finance Minister

If Greek Finance Minister Yanis Varoufakis were an investment banker, say from Deustche Bank or HSBC, or even Chancellor of the Exchequer, Twitter would not have exploded in a hot mess over why he agreed to pose with his...

Eurogroup President Jeroen Dijsselbloem sent a message to the new Greek government stating that it should start implementing reforms before the completion of negotiations, so that the country will be able to disburse 7.2 billion euros in March. “My message...

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der Spiegel" he attacked the Troika using harsh words and even went as far as comparing...

Shortly after taking office as the next Greek Finance Minister, Yianis Varoufakis requested the help of financial advisory Lazard in order to deal with the negotiations regarding Greece’s public debt which has reached 176% of GDP. Matthieu Pigasse, head of...

Wednesday's emergency Eurogroup will be crucial for Greece as its European partners will judge the country's proposal for a new bailout program. The new Greek government has five days to come up with a new, satisfactory financial aid plan as...

Germany on Thursday dismissed Greece’s request for bridge funding that would give the country three months to negotiate new bailout terms, insisting that the newly-elected government must meet the requirements tied to its agreed program. German Finance Minister Wolfgang Schaeuble...

The new Greek government has not formally approached the International Monetary Fund (IMF) to table its proposals, according to the organization's spokesperson, Gerry Rice. Rice said there is no official dialogue between the Greek government and IMF. “Therefore, we can neither assess the...

Greek Finance Minister Yianis Voaroufakis has turned into a symbol of hope for many austerity-stricken Greeks and other Europeans that have seen their quality of life degrading as a result of EU's austerity-driven policies. Greek Prime Minister Alexis Tsipras was...

The Greek public debt will become sustainable, said Finance Minister Yanis Varoufakis after comments that followed his interview with the Financial Times, where he said that Greece will not ask for a debt write-off but will seek to replace the debt with new bonds. Varoufakis...

British Chancellor of the Exchequer and Second Lord of the Treasury George Osborne, in a London meeting with Greek Finance Minister Giannis Varoufakis earlier today, underlined that a potential clash between the Greek government and the Eurozone poses a...