Jean Claude Juncker
Economy
Stournaras Wants Luxembourg's Greek Depositors
Following revelations of Greeks with secret bank accounts in Switzerland and Lichtenstein that still haven't been checked for possible tax cheats, Greek Finance Minister Yannis Stournaras said he wants similar information from Luxembourg, whose Prime Minister, Jean-Claude Juncker, was...
Economy
Juncker Blames U.S. For Europe's Woes
Former Eurozone chief Jean-Claude Juncker, the Prime Minister of Luxembourg, told an audience in Athens that the region's financial crisis - with Greece in the epicenter - started in the United States.
Juncker blamed the Americans for their attitudes toward...
Economy
Troika To Squeeze Samaras Over Reforms
On the heels of the International Monetary Fund (IMF) admitting it vastly underestimated the effect of austerity measures in Greece demanded as part of bailouts, Prime Minister Antonis Samaras will have to negotiate tough new terms with the country's...
Cyprus
Juncker Says Cypriots Treated As Bandits
Former Eurozone chief Jean-Claude Juncker said a bailout deal that saved Cyprus' economy and banks from collapse had preserved the financial bloc but that the terms were so harsh and so much pressure was put on Cypriot officials that...
Cyprus
Juncker Says Cyprus Bailout Needed Now
With talks over a bailout for Cyprus going on for months, former Eurozone chief Jean-Claude Juncker said that a deal must be reached almost immediately because the island's government is nearly bankrupt because of its banks large expose to...
Europe
“Evzones” in Brussels Protest Austerity
Thousands of protesters rallied on March 14, in Brussels in order to express their opposition and anger against the austerity measures before all the EU leaders, who gathered for a summit to focus on investing in jobs.
What really made...
Economy
Eurogroup Approves 9.2 Billion Euro Tranche for Greece
Eurozone finance ministers approved a 9.2-billion-euro loan tranche for Greece on Monday. Eurogroup - as expected - focused on who will preside over its regular meetings in the future.
The ministers formally elected the Dutch Finance Minister Jeroen Dijsselbloem as...
Cyprus
Juncker Says Cyprus Worse Off Than Greece
The fiscal situation in Cyprus, the fifth Eurozone nation to seek a bailiout is “more serious than Greece,” a danger overlooked by markets, the financial bloc's chief Jean-Claude Juncker said.
“My priority in the short-term for 2013 is Cyprus,” Juncker...
Economy
Eurozone OK's Rescue Loans For Greece
It took a long time, but finance ministers of the 17-nation Eurozone, after months of wrangling with Greece, on Dec. 13 agreed to release a first series of 34.3 billion euros ($46.7 billion) almost immediately, and another 14.8 billion...
Economy
Juncker Says Greek Loan Coming
Eurozone chief Jean-Claude Juncker told reporters he's confident Greece will get final approval for a 34.4 billion ($44.7 billion) installment from international lenders when the bloc's finance chiefs meet in Brussels on Dec. 13. He would not comment on...