BRUSSELS (AFP) – Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.
The euro zone will release the next tranche of loans for Greece as well as money for bank recapitalisation only after Athens implements agreed reforms, euro zone finance ministers said, noting a Greek pledge the conditions would be met this
Former Greek Prime Minister Alexis Tsipras played down fears on Sunday that a snap election in two weeks would produce a fractured result, saying there were enough undecided voters to produce a clear winner on the day. Tsipras resigned last
From Reuters: Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a mandate to complete the country’s political transformation, as a poll showed his leftist Syriza party’s lead slipping ahead of elections next month. Tsipras abruptly resigned
The left-wing Syriza party says Yanis Varoufakis and others who voted against Greece’s latest bailout package will not be allowed to run for parliament under the Syriza banner in the upcoming snap election. For his part, Varoufakis said he would stand
Between 2010 and 2015 Germany profited from the ongoing Greek debt crisis to the sum of €100 billion, according to a new study. The billions consists of money saved by lower interest payments on funds the German government borrowed amid investor “flights
ATHENS/GENEVA, Aug 7 (Reuters) – Greece’s infrastructure cannot handle the thousands of people landing on its shores from places like war-torn Syria and Afghanistan and needs European Union help, Prime Minister Alexis Tsipras said on Friday. “Now is the time
NAXOS, Greece (Reuters) – A jovial potato farmer whose family has tilled the fertile land on the island of Naxos for over 200 years, Stelios Vathrokilis is unfazed by all that he believes a farmer must inevitably face: God, inclement
BRUSSELS, Belgium (Reuters) – Talks with Greece on a third bailout are moving ahead in a satisfactory way and reaching an agreement is possible before August 20, the European Commission said on Thursday. The Commission comments were in response to
ATHENS, Aug 3 (Reuters) – Greece’s stock market plunged nearly 23 percent on Monday when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the euro zone. The main Athens stock
LAMIA, Greece (Reuters) – Wild boar and power cuts were Greek cotton farmer Mimis Tsakanikas’ biggest worries until a bank shutdown last month left him stranded without cash to pay suppliers, and his customers without money to pay him. Squeezed on
ATHENS, July 29 (Reuters) – Greek Prime Minister Alexis Tsipras said on Wednesday he may have to call an early election to bolster a parliamentary majority that has been strained by bailout reforms demanded by creditors. About three dozen of his
From Reuters: Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe. Rehabilitating the country’s banks poses a difficult question. Should the euro zone
