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Tsipras-Juncker Meeting Conducted in 'Good Atmosphere'

A meeting on Friday between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker was conducted in a good atmosphere of mutual understanding and cooperation, Greek government sources reported. During the approximately half-hour meeting, Tsipras briefed Juncker...

Greek PM Tsipras in Riga Summit Hoping for Deal

Greek Prime Minister Alexis Tsipras is traveling to Riga today (Thursday) to meet with German Chancellor Angela Merkel and French President Fransois Hollande hoping that they will offer political aid in unlocking negotiations and coming to a deal on the Greek debt. Tsipras will...

Varoufakis to NYTimes: 'I am Terrified of the Greek Crisis'

A new article about Yanis Varoufakis, the "pugnacious economist" with the sardonic smile who has been screaming of the dangers of a humanitarian crisis in Europe, entitled "A Finance Minister Fit for a Greek Tragedy?", was published in the New...

Angela Merkel and Francois Hollande: ‘Talks With Greece Must Pick Up Speed’

German Chancellor Angela Merkel and French President Francois Hollande, taking part at a news conference on climate change in Berlin on Tuesday, said that the negotiation talks between Greece and its European creditors must pick up speed to give the opportunity to Greece...

European Commission President Sees Agreement with Greece by Early June

European Commission President Jean-Claude Juncker said he expects that Greece and its international creditors will come to a financial aid agreement by early June. There has been optimism within the Greek government in the past few days that a deal will...

Negotiation Between Greece and its Creditors Is Entering the Final Phase

The negotiation between Greece and its creditors is entering its final phase and since last week, the government has issued specific directions to its representatives at the Brussels Group to speed up the process, it was announced on Saturday. The Greek government...

Yanis Varoufakis: Greece Is Now Ready for Big Compromises

Greece's outspoken Finance Minister Yanis Varoufakis, who has reportedly faced a hostile environment in today's Eurogroup in Riga, Latvia, said Athens is now ready to make "big compromises." According to a Bloomberg report, Varoufakis was referred to as a "time-waster, a...

Eurogroup Head Dijsselbloem: 'April isn’t Over Yet'

There is a “great sense of urgency” among all to reach a deal, the head of the Eurogroup Jeroen Dijsselbloem on Friday said in doorstep statements prior to the Eurogroup meeting in Riga, Latvia. We will hear from the representatives...

European Officials Have Limited Expectations on Greek Issue Ahead of Eurogroup

The German Finance Ministry is rather skeptical ahead of Friday's Eurogroup in Riga, Latvia, where Greece's proposed reforms list will be examined. According to Finance Minister Wolfgang Schaeuble's spokesperson Martin Jaeger, Berlin has limited expectations from the Riga meeting regarding Greece's...

Brussels Group Meeting in Paris Continues on Monday and Tuesday

The Brussels Group meeting in Paris, which was held during the weekend, continues on Monday and Tuesday, European Commission spokesperson Margaritis Schinas said on Monday. Schinas said that discussions continue both on political and technical level and noted that the pace...