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Dijsselbloem: “Everytime I meet Juncker, he embraces me and I get wet kisses”

“>In an interview with Dutch magazine Vrij Nederland, Eurogroup head Jeroen Dijsselbloem speaks among other about his relation with European Commission President Jean-Claude Juncker. Dijsselbloem says that his relation to the former Eurogorup chief had really  improved after he apologized twice for describing him as “a smoker and drinker.” Jeroen …

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Tsipras- Juncker to meet in Brussels: intermediate deal in sight?

Prime Minister Alexis Tsipras is heading for Brussels today following an invitation by European Commission President Jean Claude Juncker. The two men had a telephone conversation Tuesday evening and Juncker invited Tsipras to talk about the Greek proposals. According to latest reports, Eurogroup head Jeroen Dijsselbloem will attend the meeting …

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Boring as Promised – Eurogroup on Greece: “Progress made, but… gaps”

It was short and rather …painful for Greece as it did not give a breath of liquidity to the cash-drained country. The eurogroup meeting ended with a rather usual statement stating: “There is progress, but..” The first message to Athens came from Valdis Dombrovskis, the European Commission Vice-President for the …

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Eurogroup – Greece: final countdown, before IMF repayment deadline

Another “crucial” Eurogroup meeting on Greece is taking place Monday afternoon in Brussels, just 24 hours before the deadline for the Greek repayment to International Monetary Fund – full 767 million euro. As Athens desperately seeking for some positive news from its creditors and decision makers,  Finance Minister Yanis Varoufakis …

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EC President Juncker: No Greek default, no Grexit

European Commission President Jean-Claude Juncker warned Monday that Greek intransigence risks pushing the continent towards economic catastrophe and rebuked Athens for an “unacceptable” lack of cooperation. However he ruled out a Greek debt default or an exit from the Eurozone. European Commissioner Jean-Claude Juncker: “I am excluding at 100 percent …

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EU’s 10 Point Plan to tackle Migration Crisis

It needed the drowning of 1,000 people within 24 hours for the European Union to wake up and call an emergency leaders summit on Thursday in order to show that can effectively tackle the migration crisis. At a joint meeting of Foreign and Interior Ministers in Luxembroug on Monday, High …

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Business and claims as usual: “Greece is defaulting” each and every day

Over the Easter days, Greece was exposed to a barrage of negative media reports claiming that a “Greek default” was “imminent” if the bailout talks between the Greek government and the creditors fail. The claims continued also today with the aim to increase pressure ahead of the Euro Group meeting …

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EU studies Spain, Italy, Greece & Portugal over banks’ potentially illegal deferred tax assets

European Union regulators are scrutinising four EU countries’ treatment of banks’ deferred tax assets (DTAs) to see if they constitute potentially illegal state aid, the European Commission said on Tuesday. The EU executive said it had contacted authorities in Spain, Italy, Portugal and Greece following requests from some lawmakers in …

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Juncker, Trichet, Draghi, Lagarde, DSK & the other kids of MoU-block to testify in Greece’s Loan Agreements inquiry

Applaud! Excellent Idea! Former ruling and coalition government partner, Socialist PASOK proposes that all responsible for the two Memorandum of Understanding (Loan Agreements) and the Greek Bond swap (PSI) should testify in front of the parliamentary committee investigating the conditions and implementations of the agreements with the lenders. In a …

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Talks on “3. bailout for Greece”: fact or just rumors?

Are Euro Zone partners planning a third bailout package for Greece? There was a lot of talk about it last week in German media. But nothing specific, nothing official. Just leaks to the press by ‘sources’, claiming that Greece would need another “rescue” package worth “at least €20 billion.” On …

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Greece sends draft with reforms proposals to IMF, EU, ECB

A hectic weekend and an open hotline between Athens and Brussels for consultations, as the Greek team prepares the list of planned structural reforms to the country’s lenders. The deadline decided by the Eurogroup on February 20th, expires Monday midnight. A teleconference will follow, with Finance Minister Yanis Varoufakis on …

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Eurogroup Live Stream Presser & Details on Agreement: More details on Greece’s agreement /Live from Athens

Scroll Down for Agreement details and Eurogroup Press Conference Live – Stream THE Eurogroup meeting on Greece started in Brussels with delay due to several meeting of the protagonists Dijsselbloem, Lagarde, Draghi, Varoufakis, Schaeuble. Eurogroup head Jeroen Dijsselbloem, IMF chief Christine Lagarde, German Finance Minister Wolfgang Schaeuble and the rest …

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