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negotiations

EU: Creditors Not Coming Back for Talks Unless Greece Cooperates

Greece's creditors will not return to Athens for further negotiations on the bailout program implementation unless the Greek government cooperates, says a Market News International report. The quartet of representatives of Greece's lenders -- the European Commission, European Central Bank, European...

Dombrovskis: Talks Between Institutions And Greek govt 'Constructive'

Talks that began this week between Greek authorities and the representatives of institutional creditors on a review of Greece's programme were "constructive," European Commission Vice-President Valdis Dombrovskis said in a press conference. He noted that there was progress on "all...

Top EU Officials Say Greek PM Tsipras Signed a Worse Deal than Originally Proposed

Three months after Greece signed the third bailout agreement requiring harsh measures and reforms, European Commission President Jean-Claude Juncker said Greek Prime Minister Alexis Tsipras "managed" to sign a worse deal than the one he asked Greek people to...

People Line Up in Barcelona to Listen to Former Greek Fin Min Varoufakis

Hundreds of people lined up in Barcelona to listen to former Greek finance minister Yanis Varoufakis, with the pictures of the line bringing to mind scores of fans waiting in line to buy tickets to see their favorite band. It...

EU: Draft Deal on Greece Possible by Tuesday

A draft deal on Greece's bailout program can be finalized by Tuesday and a first disbursement by August 20 is possible, according to a Reuters report. Negotiations between Greece and creditors continue at a fast pace in Athens with only...

French President: Greece Could Reach Deal by End of August

French President Francois Hollande said that Greece could, and should, reach a bailout agreement by the end of August. The French President made the comment while in Egypt on the sidelines of the opening ceremony of the Suez Canal expansion. "We...

IMF Will Not Participate in Greece's Bailout Until Autumn

The International Monetary Fund is in favor of the idea of participating in Greece's bailout, however the decision will be taken in the autumn, says a Reuters report. The report cites Sweden's representative to the IMF executive board. The fund...

Greek FinMin: Only 3-4 Things Remain Open in Negotiations with Creditors

The meeting of Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the representatives of the four lending institutions concluded on Wednesday, with Tsakalotos stating that the only differences remaining are on the timeline of the implementation of the...

Difficult Negotiations to Recommence in Greece with August 20 Deadline

After voting two sets of austerity omnibus bills, the Greek government is to enter a bailout negotiation process with a critical August 20th deadline. Pierre Moscovici, the European Commissioner in charge of economic issues, has said that Brussels is opting...

Troika Returns to Athens to Assess Greek Economy and Start Negotiations

The troika of international creditors returns to Athens on Thursday to start assessing the state of Greece's economy, complete the review of the second bailout program and start working on the third. According to a Proto Thema newspaper report, the...