Search Results for: Yanis Varoufakis
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 ...
Greeks Add Pressure on Tsipras to Compromise as Talks Resume
April 27th, 2015
Greece resumed efforts to break a deadlock with its creditors as weekend polls showed a majority of the country’s people want the government to make compromises needed to release funds for its economy. Two opinion polls published over the ...
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, ...
Signs the market is girding for a Greek default
April 21st, 2015
If the financial market is a good predictor, you’d better brace for a Greek default. Borrowing costs on Greece’s government bonds have rallied back to levels not seen since 2012, the cost of insuring against a default has surged ...
Deal appears distant amid deadlock in reform talks
April 17th, 2015
With negotiations between Greece and its creditors effectively deadlocked, a potential deal that could unlock crucially needed funding appeared more distant than ever on Thursday with doubts appearing about whether an agreement can be reached in time for a ...
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 ...
Alexis Tsipras flies to Moscow amid speculation of bailout from Putin
April 8th, 2015
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...
The Greek crisis and the clash of philosophies within the EU
April 7th, 2015
Listening to German Finance Minister Wolfgang Schäuble and his Greek counterpart Yanis Varoufakis speaking about the recent Eurogroup agreement on Greece, one could be forgiven for thinking they were talking about two completely different texts. There are obviously deep ...
Greek finance minister wants initial deal with lenders at April 24 Eurogroup meeting – paper
April 6th, 2015
Greek Finance Minister Yanis Varoufakis wants the negotiations with the country’s official lenders to reach a preliminary deal at an April 24 meeting of eurozone finance ministers, he told Greek daily Naftemporiki on Monday. “At the Eurogroup (meeting) of April 24 ...
Greek goverment not so convinced by its own measures
April 3rd, 2015
Fresh confusion reigned on Thursday as a result of the government’s target for the primary budget surplus and new measures for 2015, as proposed to Wednesday’s Euro Working Group teleconference. The target set by the bailout agreement is for ...
