Search Results for: greece
IMF Managing Director Lagarde’s statement on Greece – FM Yianis Varoufakis (Video)
April 6th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Mr. Yanis Varoufakis, Minister of Finance for Greece, for an informal discussion on the Greek government’s reform program. After the meeting, Ms. Lagarde made the ...
Greece tells creditors it will run out of cash on April 9
April 2nd, 2015
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...
‘Bad politics’ could hold Greece back, says Barroso (Video)
April 2nd, 2015
There is nothing to prevent Greece once again being a successful country “except sometimes bad politics,” says Jose Manuel Barroso, the former president of the European Commission. Talking to Ben Thompson for Business Live on BBC World News, Jose ...
Samaras Says He’d Join Alliance to Keep Greece in Euro
April 2nd, 2015
As Greek Prime Minister Alexis Tsipras struggles to secure a financial bailout to stay in the euro, his chief rival said he’s open to offering a political rescue. Opposition leader Antonis Samaras, who was ousted by Tsipras in January ...
Greece: ECB raises ELA limit by 700 mln euros
April 2nd, 2015
Greek banks received a cash lifeline of just 700 million euros from the European Central Bank on Wednesday as this is the estimated amount of liquidity needed by the local credit system for one week given the outflow of ...
Greece PM says sanctions against Russia ‘a road to nowhere’
March 31st, 2015
The Greek premier stressed that the economic war is a “dead-end policy” Greece does not back the West’s sanctions against Russia as this is a “road to nowhere,” the country’s Prime Minister Alexis Tsipras said in an exclusive interview ...
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
German Finance Ministry: Greece has yet to submit a detailed reform list
March 30th, 2015
Jaeger also noted that the date of the Eurogroup meeting has not been set yet. Martin Jaeger, the spokesman of the German Finance ministry, said on Monday that the Greek Government has not submitted yet a detailed list with ...
Greece says not backing down on debt relief goal
March 30th, 2015
Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said on Monday as talks between Athens and its lenders on reforms to unlock aid continue. “The government has ...
Greece’s Tsipras Meets Cabinet as Creditors Ponder Overhauls
March 30th, 2015
Greece’s Prime Minister Alexis Tsipras is holding a cabinet meeting as Greek officials and creditors in Brussels discuss proposed overhauls for the country to secure more funds from the euro area and stave off fiscal collapse. Negotiations with Greece’s ...
