Search Results for: Syriza
Juncker urges Greek government to respect financial commitments
February 18th, 2015
European Commission President Jean-Claude Juncker has urged the SYRIZA-led coalition to abide by the commitments made by the country’s previous governments. “It goes without saying that all the financial obligations to the European and international partners must be respected,” ...
Greece to try for loan extension from eurozone
February 18th, 2015
Request sees bailout terms being set aside Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, sources close to the negotiations between Athens and the eurozone ...
Eurogroup: The statements rejected, changed, withdrawn (read them all!)
February 17th, 2015
Eurogroup Finance Ministers ended their meeting without an agreement. The Radical Left Coalition’s (SYRIZA) plan was accepted, but one statement proved a stumbling block: “The Greek authorities have indicated that they intend to successfully conclude the program, taking ...
Greece vs. Eurogroup: Low expectations for a deal
February 16th, 2015
A crash test for the new Greek government’s endurance The international creditors of Greece appear to have hardened their stand prior to Monday’s Eurogroup meeting aimed at finding common ground with Greece’s new Radical Left Coalition (SYRIZA) government. Initially, ...
Greece ‘may go elsewhere for new deal on debt’
February 10th, 2015
The Greek defence minister has said Greece could turn to the US, Russia or China if it fails to reach a new debt agreement with the eurozone. Panos Kammenos, who heads the junior coalition partner Independent Greeks, said Greece ...
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 ...
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 ...
Greece finance minister reveals plan to end debt stand-off
February 3rd, 2015
Greece’s radical new government revealed proposals on Monday for ending the confrontation with its creditors by swapping outstanding debt for new growth-linked bonds, running a permanent budget surplus and targeting wealthy tax-evaders. Yanis Varoufakis, the new finance minister, outlined ...
