Greek program
Economy
Schaeuble to Varoufakis: If You Want to Leave the Euro, We Will Help
The causes of the Greek problem are not to be tracked in Brussels, Europe or Germany. They should be tracked in Greece because it had been living above its capabilities for a long time, said German Finance Minister Wolfgang Schaeuble in...
Economy
Chancellor Merkel: Greece Should Focus on Implementation of the Eurogroup Agreement
What comes first for Greece is the implementation of the Eurogroup agreement, German Chancellor Angela Merkel said during a joint press conference with European Commission President Jean-Claude Juncker on Wednesday after their meeting at the European Commission headquarters.
On whether Germany is ready...
Economy
What Greece Actually Got From the Eurogroup Negotiations
Friday’s crucial Eurogroup meeting belongs to history, after what was seen as a historic compromise for both the Eurogroup and a member-state of the single currency as well as a process during which Greece -- according to its Finance...
Economy
Greek PM Tsipras: We Won a Battle, Not the War
In his address to the Greek people, Prime Minister Alexis Tsipras stressed that yesterday’s Eurogroup agreement with the country’s European loan partners was an “important success,” signaling the end of austerity and the bailout program. Although, as he underlined, the difficult part...
Economy
Read the Greek Loan Agreement Six-Month Extension Request Letter
Earlier today, Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem, explaining Greece's proposals and reasoning for the continuation of the country's loan agreement. Germany's immediate rejection of the Greek proposal has widened the gap...
Economy
Read the Draft Eurogroup Statement Rejected by Greece
Eurozone Finance Ministers abruptly concluded the Eurogroup meeting without reaching to an agreement over a new Greek program. Earlier today, the newly elected Greek government has rejected a draft statement that the European officials prepared for the meeting....
Economy
Greek and European Experts to Meet Tomorrow in Brussels
Greek Prime Minister Alexis Tsipras met in Brussels with Eurogroup President Jeroen Dijsselbloem on the summit's sidelines and agreed on talks between the technical echelons of the Greek Finance Ministry and the Troika in order to build the...
Economy
Schaeuble: Greek Program Will be Implemented by the Troika, Which we Obviously Can’t Call Troika Anymore
German Finance Minister Wolfgang Schaeuble generated his own “tongue-in-cheek” moment on Wednesday, telling reporters that the “Troika will continue implementing the Greek program, which we obviously won’t be able to call Troika anymore.”
The quip emanates from the new Greek government’s...
Greece
The First Greek Leftist Gov't Secures Parliamentary Vote of Confidence Ahead of Critical Eurogroup
Yet another historic event occurred tonight in the Greek Parliament, where the SYRIZA-led coalition government, the first leftist government in the history of Greece, secured its first parliamentary vote of confidence after the January 25 snap elections. The newly...
Economy
Obama: I Look Forward to Merkel's Assessment of Greece (Video)
https://www.youtube.com/watch?v=Zt8kAJmq6ww
US President Barack Obama said he looks forward to German Chancellor Angela Merkel's appraisal of the financial situation in Greece as well as the ways to achieve growth. At a joint press conference, after a meeting held between the...