Yanis Varoufakis
Economy
Bloomberg: Liquidity in Greece Might End in Three Weeks
As negotiations over the Greek debt continue for over six months, the impasse threatens to drag Greece back into recession, or even lead it to bankruptcy, according to a Bloomberg report.
Greece needs 6.5 billion euros by the end of...
Economy
Greek FinMin: There's an Alternative if Greece Doesn't Get Loan Tranche in March
There’s an alternative plan if Greece doesn’t receive its loan installment in March, Greece 's Finance Minister Yanis Varoufakis said on Wednesday during a speech at an event marking the 130-year anniversary of the Greek-French Chamber of Commerce and...
Greece
Schaeuble Warns Varoufakis to Not Change Terms of Agreement
German Finance Minister Wolfgang Schaeuble maintained his hard stance on Greece by warning his Greek counterpart Yanis Varoufakis to not change the terms of the bailout extension agreement.
Speaking to German newspaper Stuttgarter Zeitung, Mr. Schauble said that the burden of...
Economy
Greek Gov't Looking More and More Like the Tower of Babel
A little over a month in the Maximos Mansion and it seems that the Greek government officials are in constant competition with each other over who is going to sound more leftist, more "for the people," who commiserates more,...
Economy
German Chancellor Merkel and FinMin Schaeuble: Greece Needs to Make Specific Reform Proposals
"I wish Greece good luck as a member of the Eurozone," German Chancellor Angela Merkel said yesterday, while -almost at the same time- Finance Minister Wolfgang Schaeuble stated that the "trust with Greece has been lost." Addressing a European Investments...
Economy
Greek Gov't VP: Greece Will Present Specific Proposals to Monday's Eurogroup
The economic reform proposals that Greece 's Finance Minister Yanis Varoufakis will present to the Eurogroup next week were discussed at a Government Economic Policy Council meeting held at the finance ministry on Monday, chaired by government Vice-President Yiannis...
Economy
Greek Fin Min: There Will Be No Credit Event
The Minister of Finances Yanis Varoufakis appeared on Star Channel on Monday, where he talked about the upcoming Eurogroup next Monday, where he will be presenting six reforms. These reforms will form the basis of discussion between Greece and...
Economy
New Tax Measures Still Not Clarified, Varoufakis Criticized
The Greek government's efforts to restructure the tax system have created confusion among taxpayers as various ministers make statements that contradict each other. At the same time, Athens is trying to attach a price to a package of measures...
Economy
Greek FinMin: Greece Will Need New Debt Agreement
Greece will need a new international agreement on the debt in order to meet nearly 11.5 billion euros in obligations between June and August, and without an agreement past the four-month extension of the current fiscal program this payment...
Economy
Schaeuble: If Greece Doesn't Keep its Commitments it Will Have to Face the Consequences
German Finance Minister Wolfgang Schaeuble told German TV station ZDF that what he is interested in is the commitments of the Greek side. “If they do not keep them, they will have to face the consequences,” he said referring...