Search Results for: Greek Finance Minister Yanis Varoufakis
Lagarde: Greek officials ‘competent’, but deal will take time
February 12th, 2015
Greek Finance Minister Yanis Varoufakis met with IMF chief Christine Lagarde after his arrival in Brussels, where an extraordinary Eurogroup meeting takes place on Thursday evening. Speaking afterwards, Lagarde said the Greek officials are “competent”, but said reaching an ...
Varoufakis doesn’t rule out rift as Schaeuble warns time running out
February 11th, 2015
Finance Minister Yanis Varoufakis did not rule out clashing with his eurozone counterparts at Tuesday’s Eurogroup meeting in Brussels as Germany’s Wolfgang Schaeuble warned that Greece would be offered no other deal than the extension of its existing bailout. ...
Greek prime minister not backing down
February 9th, 2015
With a difficult week looming for Greece and amid rising pressure from creditors, Prime Minister Alexis Tsipras on Sunday presented his government’s policy program in Parliament, pledging to implement pre-election promises to revoke austerity measures, though not all at ...
Varoufakis looking for plan to bridge gap after Schaeuble talks
February 6th, 2015
Greek Finance Minister Yanis Varoufakis pledged on Thursday to present to the next Eurogroup a roadmap that will show how Greece could transition from its current bailout to a new agreement, which he believes can be agreed by the ...
Schäuble on his meeting with Varoufakis: We agreed to disagree
February 5th, 2015
February 5, Thursday – Statements of the two Finance Ministers after the conclusion of their meeting. Greek Finance Minister Yanis Varoufakis’ crucial meeting with his German counterpart Wolfgang Schäuble in Berlin begun at around 12.30 (Athens time) and lasted for ...
Yanis Varoufakis expresses surprise at free market endorsement
February 5th, 2015
Here’s why Adam Smith Institute agrees with Syriza The world’s most interesting finance minister has expressed his surprise at being backed one of Britain’s leading free-market think-tanks. Yanis Varoufakis, the man appointed by Greece’s radical left wing party Syriza ...
Merkel Says Greek Diplomatic Offensive Is Failing
February 5th, 2015
German Chancellor Angela Merkel indicated that a diplomatic offensive by newly elected Greek Prime Minister Alexis Tsipras to ease his nation’s bailout-aid requirements is failing to win over converts. “I don’t think that the positions of the member states ...
European Central Bank resists latest Greek bailout plan
February 4th, 2015
The European Central Bank is resisting a key element of the Greek government’s new rescue plan, potentially leaving Athens with no source of outside funding when its international bailout expires at the end of the month. Yanis Varoufakis, Greek ...
Greek Signals of Compromise Send Markets Soaring
February 4th, 2015
Greece’s new leaders, on a hopscotch tour of European capitals, convinced markets on Tuesday they are eager for a deal with creditors, but their still fuzzy proposals await a harder hearing from Athens’s toughest lender: the German government. Investors ...
Greek markets cheer renewed optimism around debt deal
February 3rd, 2015
Greek markets rallied this morning, after an apparent easing of tensions over the country’s bailout programme thanks to a debt swap programme devised by new finance minister Yanis Varoufakis. The Athens Stock Exchange (ASE) jumped as much as 7.7 ...