Yiannis Dragasakis

SYRIZA Cabinet Members Say no to More Concessions, Talk of Elections

Several SYRIZA cabinet members say that Greece cannot make more concessions in negotiations with creditors and some argue that if there is no favorable deal, the solution is snap elections. Greek Labor Minister Panos Skourletis said on Tuesday that Athens cannot...

Greece Optimistic About Deal, U.S. Watches Developments in Negotiations

Greek government officials appeared optimistic on Monday night that an agreement with creditors is possible within the next ten days, while the U.S. watches closely negotiations with European institutions and the International Monetary Fund (IMF). Greek government spokesperson Gavriil Sakellaridis said...

Canadian Financier Watsa: 'I'm Optimistic About Greece'

Canadian financier and Fairfax Financial Holdings Chief Executive Prem Watsa expressed his optimism for Greece on Monday, saying the climate in the country will be completely different next year. Watsa, whose company owns a 13.6% stake in the Greece's Eurobank, met...

House Speaker Says Greece's Negotiating Team is Compliant to Lenders

Government Vice President Yiannis Dragasakis received harsh critiscism during the meeting of the SYRIZA Political Secretariat when he said that Athens will be ready to sign an agreement with creditors by May 19. In the past few days there have...

Greek Gov't Vice President Discusses Liquidity with Heads of Banks

The liquidity of the banking sector, the contribution of banks in the fight against tax evasion, the improvement of public revenues collection and the more efficient use of development actions dominated a meeting between Government Vice-President Yiannis Dragasakis and...

Continuous Meetings Within Greek Gov't for Monday's Eurogroup

The Greek government is in a series of feverish meetings ahead of Monday's Eurogroup and after technical discussions with lenders' representatives resulted with Athens asked to make more concessions on pension laws. General Secretary of Social Security Giorgos Romanias said...

Greece Expects Positive Signs from Monday's Eurogroup

The Greek government expects a "positive political sign' to emerge from Monday's Eurogroup to reflect "the progress" made in the negotiations with Greece, sources said after the end of a meeting chaired by Greek Prime Minister Alexis Tsipras late on Friday. The...

Greek Gov't VP Dragasakis Discusses Negotiations, Greek Economy with ECB's Draghi

Greek Government Vice-President Yiannis Dragasakis met with the head of the European Central Bank Mario Draghi in Frankfurt on Tuesday evening. According to the ECB, the two sides discussed the current situation of the Greek economy and reviewed the progress in...

Greek Gov't Vice President: In case of deadlock the People Will Speak

The agreement with Greece 's creditors should include a policy that will make the country viable, Greek Government Vice President Yiannis Dragasakis stated on Wednesday to private radio "Sto kokkino." Dragasakis estimated that a bridge agreement will be reached in...

Greek Govt VP: Our Aim is a Deal in the First Days of May

The government's aim is to clinch an agreement with creditors within days, Greek government Vice President Yiannis Dragasakis said as he exited the first meeting of the government's newly formed political negotiations team on Monday evening. "The agreement must...