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Tag Archives: debt relief

Economy Minister: Schaeuble’s resistance to debt relief raises questions about Eurozone structure

Greek Economics Minister Dimitris Papadimitriou has accused German Finance Minister Wolfgang Schaeuble of being “dishonest” by blocking debt relief for Greece despite his acknowledgement that Athens has implemented significant reforms. Papadimitriou told German newspaper Die Welt in an interview published on Thursday that Schaeuble first had acknowledged that Greece had …

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Greek Gov’t: We are far from finding a solution at the Eurogroup on Thursday

It is usually German Finance Minister Wolfgang Schaeuble who claims pessimism on solution ahead of crucial Eurogroup meetings. This time – for a change – it is the Greek government. “We are far from finding a solution at the Eurogroup on Thursday, given that Germany has not taken any progress …

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Greek government sees solution in EU Summit than in next Eurogroup

From Eurogroup to Eurogroup… key is a political solution at the next European Union Summit…. Greek government has given up hope for a solution to the Greek problem at the Eurogroup meeting on June 15. The EU Summit is scheduled for June 22-23 2017. “A solution that leads the country …

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Deal delay: Lagarde urges eurozone to back Greece debt relief, Schaeuble…

The International Monetary Fund and the eurozone may need more time to reach an agreement on a debt relief package for Greece, the Fund’s managing director Christine Lagarde said on Friday. She urged eurozone lenders to be “far more specific” in their commitment to a debt-relief package for Greece. “We …

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No debt relief, no IMF participation and therefore no implementation of €3.6bn measures, says PM Tsipras

Greek Prime Minister Alexis Tsipras made it clear: the additional austerity measures for 2019-2020 will not be implemented if there is no measures for debt relief.  Then, without debt relief the IMF will not participate in the Greek program. “It is not a figure of speech, we will implement the …

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Creditors make it clear: No debt relief for Greece before 2018

Creditors have cooled down Greece that has been awaiting for debt relief measures. “Greece has done its bit, now it wants debt relief,” Prime Minister Alexis Tsipras said on Thursday, two days after the agreement with creditors on additional measures 3.6 billion euros for 2019 and 2020. However, the country’s …

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Greece reaches deal with creditors: “Now negotiations for debt relief,” says Tsakalotos

From Monday afternoon till Tuesday dawn of Tuesday, Greek government and creditors’ representatives sat in Hilton hotel for the fine touch on outstanding issues. The results is an additional austerity measures package without extra financing. This practically means a two-year extension of the bailout agreement Greece and the European creditors …

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