Greek government
Economy
Der Spiegel: The Greek Debt Needs to Be Cut
The Greek debt is in dire need of a haircut, noted an opinion article in Der Spiegel’s website. According to the journalist, a haircut would be the honest choice, noting that Greece does not need more money for social...
Economy
Varoufakis: Primary Surplus Target of 3% Would be Catastrophic for the Greek Economy
Greek Finance Minister Yanis Varoufakis on Wednesday said that a target for a 3% primary surplus would be catastrophic for the economy and that it was no longer under discussion.
"A primary surplus could not be higher than 1.5%," Varoufakis...
Economy
Foreign Media: 'Things Will Get Even Harder for Greece'
The Greek reforms list received the green light from the Eurozone finance ministers on Tuesday, February 24, but according to foreign media the situation will only get harder for Greece now that the country is required to implement its...
Greece
German FinMin Schaeuble Still Doubts Greece's Plan
German Finance Minister Wolfgang Schaeuble gave an interview on Wednesday February 25 stating that it was not easy for the Eurozone finance ministers to reach an agreement with Greece regarding a four-month extension to the bailout program. Furthermore, he...
Economy
Finance Ministry Cleaners' Reinstatement Suspended
Some 400 public sector cleaning employees were suspended in September 2013, as part of the availability measures implemented by the government, and were dismissed nine months later. The Greek Supreme Court has postponed the hearing of the cleaning staff’s...
Greece
Mikis Theodorakis to Greek PM Tsipras: Say 'No' to Schaeuble's 'Nein'
Internationally acclaimed composer Mikis Theodorakis stood on the side of the historic member of the Greek Left and SYRIZA MEP Manolis Glezos who yesterday publicly apologized to the Greek people for contributing to an "illusion," as he characterized the...
Greece
Productive Reconstruction Minister Lafazanis: Eurogroup Agreement Should Not Void the Gov't Program
Productive Reconstruction, Environment and Energy Minister, Panagiotis Lafazanis, in two interviews with Greek Sunday newspapers Proto Thema and Realnews, expressed his opinion that the agreement reached on Friday's Eurogroup between the Greek government and the country's Eurozone partners should...
Greece
SYRIZA MEP Glezos Apologizes to Greek People for 'Contributing to an Illusion'
Historic member of Greek Left, World War II resistance participant and SYRIZA MEP Manolis Glezos heavily criticized the Greek government for the Eurogroup negotiations handling as well as the agreed outcome. In a sharp statement published on the website...
Greece
Greek Government Will Continue with Same Determination
The Greek government meeting chaired by Prime Minister Alexis Tsipras ended on Saturday evening, with ministers agreeing that an important step has been taken at the Eurogroup.
"We continue with the same determination and composure, remaining faithful to the popular...
Economy
Greece Has Turned a New Page, Say Government Sources
Greece has turned a new page and the plans to trap the government ahead of the February 28 deadline have failed, government sources said on Friday, following the achievement of a deal with the country’s European loan partners at...