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Greek government

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...