Greek program
Economy
Parliament Budget Office: 'No Agreement' Will See Greece Losing 50 Bln Euros
The Greek Parliament Budget Office has warned the government regarding the 2015 state budget process and more specifically the revenue shortfall, the fiscal gap's widening and the increasing spreads, calling at the same time to take its decisions “as...
Economy
Greek FinMin to Eurogroup President: We Won't Cooperate with the Troika [Update]
The President of Eurogroup, Jeroen Dijsselbloem and the Greek Finance Minister, Giannis Varoufakis, proceeded to joint statements, after their meeting just moments ago. Mr. Varoufakis welcomed the European Official "with great joy," declaring that this was only an introductory...
Greece
EU Parliament President Schulz: I Hope Greece Remains on European Track
The President of the European Parliament, Martin Schulz' visit to Greece, signals that the prime values of the European Union continue to be the acceptance and respect of popular sovereignty highlighted the Greek Prime Minister, Alexis Tsipras. The PM...
Economy
German FinMin Schaeuble: Any Attempt for Renegotiation a 'Waste of Time'
German Finance Minister Wolfgang Schaeuble has ruled out a further Greek debt write off, earlier today. Talking to the European Parliament Economic and Monetary Affairs Committee, Mr. Schaeuble ranked the troika’s intervention as “positive,” while he characterized any attempt for...
Economy
IMF Suspends Greece's Funding, Talks to Resume After Snap Elections
The decision of the International Monetary Fund (IMF) to suspend the provision of financial assistance to Greece until a new government is formed, after the general elections of January 25, was revealed by the Fund's Director of the Communications...
Economy
Merkel: Greece's Prospects Better Than Two Years Ago, Much to be Done
Her belief that the prospects of Greece are better than they were two years ago, expressed German Chancellor Angela Merkel at the federal parliament (Bundestag), adding though that much has to be done. The Bundestag was voting today over the two-month extension...
Economy
Greek Govt VP and German FinMin: Political Stability Is Key for Greek Economy
To the reforms and the progress Greece has made during all this time, referred the German Finance Minister, Wolfgang Schaeuble, after his meeting with Greek government Vice President and Foreign Minister Evangelos Venizelos, earlier this afternoon in Berlin.
"Greece has gone...
Economy
Troika's Technical Teams Return to Athens Tomorrow
The return of the Troika's technical teams in Athens tomorrow, along with Eurogroup's decision for a two-month technical extension of the Greek program, announced at 7:30pm local Greek time from Brussels Eurogroup President Jeroen Dijssebloem and European Commissioner for Economic...
Economy
Eurogroup Decides Two-Month Extension of Greek Program, Presidential Election on December 17
On December 17, two months ahead of schedule, will finally be held the first ballot for the election of the new President of the Hellenic Republic, government spokeswoman Sophia Voultepsi announced earlier today.
According to Voultepsi's written announcement, Greek Prime...
Economy
Eurogroup to Discuss Greek Program at Milan Meeting
The Eurogroup meeting to be held on Friday in Milan will discuss the progress in the implementation of the Greek program following the Paris discussions. It takes place ahead of the Troika's arrival in Greece, later in September, a senior...