Search Results for: Yanis Varoufakis
Leaders push for deal as creditors await revised Greek proposals
June 9th, 2015
Representatives of Greece’s creditors were on Monday awaiting revised proposals from Athens as international pressure mounted for a reform deal, with US President Barack Obama and German Chancellor Angela Merkel pushing for swift action to clinch an agreement. In ...
Greece moves closer to eurozone exit after delaying €300m repayment to IMF
June 5th, 2015
Athens takes creditor by surprise, saying it will bundle together €1.6bn of debt payments due to International Monetary Fund and settle up on 30 June Greece has moved closer to default and possible exit from the eurozone after telling the ...
Athens, creditors offer conflicting views on negotiations
May 28th, 2015
Greek Prime Minister Alexis Tsipras said Wednesday that a deal with creditors was “close” and government officials said an agreement was being drafted but representatives of the country’s creditors made it quite clear that they do not share such ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
Negotiations drag as Tsipras seeks political support at Riga meeting
May 22nd, 2015
Ahead of a meeting late on Thursday between Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande on the sidelines of an EU leaders’ summit in Riga, the Brussels Group continued its negotiations. Despite expressions ...
Top EU officials eye deal by end-May as technical-level talks make gradual progress
May 20th, 2015
As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the month. ...
Greece clears IMF hurdle but don’t relax just yet
May 12th, 2015
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a day early, goodwill towards the country is hitting highs not ...
Eurogroup sees progress on Greece but wants more, soon
May 12th, 2015
There were no positive or negative surprises at Monday’s Eurogroup for Greece as eurozone finance ministers confirmed in writing that there had been progress in talks between Athens and its lenders but that intensive work needs to be done ...
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
Greek PM A. Tsipras met with voters in jumbo interview (Video)
April 28th, 2015
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...
