Search Results for: Alexis Tsipras
Tripartite summit to discuss regional issues, oil and gas
April 29th, 2015
The heads of state of Cyprus, Greece and Egypt hold talks on the island on Wednesday, followed by a tripartite summit and the signing of the ‘Nicosia Declaration’, a document expanding and building on the ‘Cairo Declaration’ concluded among ...
Cyprus Central bank head says ready to act if Greece spills over
April 28th, 2015
Central bank governor says Cyprus and Greece decoupling Georghadji says Cyprus no longer at high risk from Greece Cyprus is ready to react to any spillover from the crisis in Greece, the governor of the island’s central bank said ...
Greek goverment drafting multi-bill after overhauling negotiating team
April 28th, 2015
The Greek government on Monday announced a shake-up of the team negotiating with the country’s international creditors, after Finance Minister Yanis Varoufakis came under fierce criticism from his eurozone peers at a summit in Riga last week due to ...
Greece Weakens Yanis Varoufakis’s Influence in Bailout Talks
April 27th, 2015
Country shuffles bailout team involved in talks with international creditors Greece has shuffled the team involved in bailout talks with the country’s international creditors, a senior government official said Monday, in a move that may reduce the influence outspoken ...
Greek PM still in talks with Merkel over a debt deal
April 27th, 2015
Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation yesterday to maintain contact during talks between Athens and its lenders to reach a debt deal, a Greek government official said. “During their communication, ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
Varoufakis Said to Take Hammering From Riled EU Ministers
April 24th, 2015
Greek Finance Minister Yanis Varoufakis was heavily criticized by his euro-area colleagues amid mounting frustration at his refusal to deliver measures to fix his country’s economy and release financial aid, according to three people familiar with the talks. Euro-area ...
Grexit Fears Cause GDP Forecasts to Plummet
April 20th, 2015
Economists have severely cut their forecasts for core Greek economic indicators. That reflects growing concern that the debt burden of the southern European country may force an exit from the euro as its creditors grow frustrated with the lack ...
Greece confident of reaching agreement in make-or-break 24 April deadline
April 15th, 2015
Eurozone finance ministers to pass judgment next week on reform-for-cash deal that would unlock €7.2bn (£5.2bn) of financial assistance Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails ...
Greece’s €459m debt payment to IMF due on Thursday
April 9th, 2015
Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing government Greece is due to make a €459m (£332m) loan repayment ...