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negotiations

The Possibility of a Referendum for Greece

The results of a new opinion poll were released today making us less wise about what Greeks really want, or don't want, regarding the country's position in the European big picture. With debt negotiations at a crucial stage and pensioners...

German Press: Merkel has Decided to Save Greece

German Chancellor Angela Merkel is determined to save Greece despite difficulties in negotiations between the country and its creditors, Die Welt says. According to the German newspaper, the Greek issue will pass through Merkel's hands, even though her Finance Minister,...

Greece Starts Negotiating Third Bailout Program

Greece starts a new round of negotiations in Brussels aiming at a third bailout program and a new loan of 46-50 billion euros, according to a real.gr report citing an International Monetary Fund leak to the Financial Times. The IMF...

Greek Government Holds First Journalists' Briefing in 3 Years

The Greek government arranged the first journalists’ briefing for first time in three years. Greek government spokesman Gavriil Sakellaridis stood on the podium on May 4, before Greek and foreign political journalists in order to inform them about the...

Greek Labor Min: Greece Willing to Reach Deal but IMF Insists on Tough Labor Reforms

Greece intends to make due payments to lenders and reach an agreement, but the International Monetary Fund insists on tough labor reforms, said Labor Minister Panos Skourletis. Greek Prime Minister Alexis Tsipras and the finance ministry negotiating team are trying...

Tsipras Changes Course in Negotiations, Aims at Final Deal for Greece

Prime Minister Alexis Tsipras has decided that an intermediate deal will not benefit Greece at the moment and is now changing course in negotiations aiming at a final deal that would secure financial support for 2015 and 2016. According to...

Greek Parliament Budget Office: Lack of Strategy Harms Economy

An agreement with creditors is urgent because the country is in danger of falling into deep recession and the government's lack of strategy harms the economy, says the quarterly report of the Parliamentary Budget Office. According to the report, the...

Varoufakis: Concessions to Reach Deal, Lenders Push Us to the Limits

Greece will make concessions in order to reach an intermediate deal that would increase liquidity now, and then come up with a comprehensive list of reforms for a final deal in June, Finance Minister Yanis Varoufakis said. "We are putting...

Athens Denies that Varoufakis was Sidelined After Eurogroup Chief's Suggestion

The Greek government denies allegations that Greek Finance Minister Yanis Varoufakis was sidelined from Greece's negotiation team after the suggestion of Eurogroup President Jeroen Dijsellbloem. Speaking to RTL Nieuws on Dutch television, Dijsellbloem spoke extensively about the Greek issue among other things...

Greek Gov't Rushes to Table Measures in Order to Reach Deal

The Greek government is rushing to table new measures and reforms on Thursday to get cabinet approval in an effort to reach a deal with creditors as soon as possible. The financial team is working feverishly so that the omnibus...