After the stalemate and the ice-cold atmosphere amid Greece summer, the government reportedly prepares some counter-proposals for its creditors. At the same time, Prime Minister Alexis Tsipras sends a small delegation to Brussels to meet with creditors’ representative on Saturday, state broadcaster ERT reported at its 6 o; clock news …

European Commissioner Jean-Claude Juncker would not hide his joy to see an old friend again, Greek Prime Minister Alexis Tsipras. with a warm smile in his face, Juncker embarrassed Tsipras and pressed one of his famous kisses to the Greek cheek. The two held a short face-to-face meeting  and reportedly …

A strange silence is hanging over the Greek battle field. Exhausted physically and mentally German, Greek and IMF soldiers are hiding in the trenches, tired of the frequent battles and the dirty conditions of the economic warfare. It is the monotony between the bailout program review battles, the constant threat …

The Greek government sent additional reforms proposals to creditors in Brussels this morning. A source from EU told AFP that the creditors are “now in the process of studying… counterproposals’ submitted today. No details about the content of the 3-page draft have been made known. It seems that the Greek …

“>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 …

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 …

The joy of holidaymakers is for UK’s Daily Mail more important than the lives of those who flee the war in Syria and Afghanistan. The shameful article, Holidaymaker misery as thousands of boat people from Syria and Afghanistan set up migrant camp to turn popular Greek island into ‘disgusting’ hellhole is …

US-President Barrack Obama has reportedly pushed the Greek issue on the agenda of G7 Finance Ministers from USA, Germany, Britain, France, Italy, Japan and Canada who meet today in Dresden, Germany. According to Greek media, Washington is concerned about the possible failure of negotiations between Greece and its creditors and …

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 …

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 …

Greek Finance Minister has been sidelined, Brussels and international media cheer. The pressure against Yanis Varoufakis has increased during the last days especially during the Eurogroup meeting in Riga, with the EU political world to have launched a Blitzkrieg the Greek Finance Minister. Finance chiefs at the Eurogroup meeting in …

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 …

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 …

Greeks discovered the magic pipeline that is supposed to pour hot money in the kids’ beach buckets. In thus, in advance. Russia will allegedly pay to Greece full €5 billion once the signatures will dry on the agreement paper. The amount is said to be “future” profit for Greece arising …

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 …

They arrived at the port of Piraeus on Tuesday morning: 250 war refugees from Syria. They hold a paper stating that they have a couple of days to decide what to do, stay in Greece or go to another country of the European Union. Several buses were waiting for them …

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 …

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 …

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 …

While the Three Institutions – the ex Troika – evaluate the draft list of reform proposals sent to them Sunday evening, Greek government sources told populist German Bild, how they have calculated the cost of reforms. “Greece draws up a €7.3 billion tax hit list. Crackdown on tycoons and the …