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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Greece’s extension request: Bridge-Agreement, financial stability & measures against tax evasion & corruption…
Below are some details from the official request Greece sent to Eurogroup Thursday morning asking for a 6-month extension of the loan agreement signed between Greece and the European Financial Stability Fund (EFSF) from December 2012. The Greek side wants also a Bridge-Agreement of 6-months, measures to tackle the humanitarian …
Read More »Greek negotiations at crucial stage as Euro zone shows no sign of flexibility
“Greek negotiations at the euro zone are at a crucial stage,” Prime Minister Alexis Tsipras said on Wednesday, as the country prepares a request to seek a 6-month extension of the loan agreement. Even before the requested was worked out, submitted or read, German Finance Minister Wolfgang Schaeuble rejected it. …
Read More »“Varoufakis’ file”: full list of Greek proposals at 2 Eurogroup meeting, Moscovici’s & Dijssebloem’s drafts
Several eurozone finance ministers’ claimed after the Eurogroup meeting on Monday that Greece did not submit any specific proposals. In response to these claims, the Greek side published the s0-called Varoufakis’ file containing the Finance Minister’s speeches in the two eurogroup meetings in February with Greece’s proposals as well as …
Read More »Greeks have two presidential candidates: Pavlopoulos & Alivizatos
Nobody can claim, he has a dull moment in Greek politics. Hardly had Prime Minister Alexis Tsipras nominate the Presidential candidate on Tuesday afternoon, one of the opposition parties, To Potami announced its own favorite. In a parliament that did not manage to elect the President in December and took …
Read More »Moscovici’s draft exposed him, the Eurogroup and Dijsselbloem
So what happened yesterday at the Eurogroup meeting that ended in breakdown of talks,frozen faces on both sides, and media titles like “Crash”, “Grexit” and horror scenarios of the kind? It’s difficult to get the correct information together if you’re not there, yet I give it a try based on …
Read More »Moscovici’s draft I & II to Varoufakis uploaded on internet
The draft handed out by EU Monetary affairs Commissioner to Greek Finance Minister Yanis Varoufakis prior to the Eurogroup meeting has been leaked to the press. In his press conference, Varoufakis said that he would have signed it. But Dijsselbloem had later given him another draft and he described as …
Read More »Varoufakis reveals: “Moscovici gave me a draft I could have signed” (video)”
That’s very serious, what Greek Finance Minister Yanis Varoufakis revealed at a press conference in Brussels on Monday during a break of the Eurogroup meeting. “Prior to Eurogroup Moscovici gave me a draft that Greece would be happy to sign,” Varoufakis said adding that Eurogroup head Jeroen Dijsselbloem withdrew it …
Read More »Sunday night fever with Presidential candidate…
All Greek media had announced a televised address to the nation by Prime Minister Alexis Tsipras. The PM was supposed to officially name the Presidential candidate – a coalition government choice. The announcement was scheduled for short after 8 pm Sunday. The name considered as the favorite among a short …
Read More »New Greek Parliament opens after Jan 25 elections
A ceremony is taking place Thursday morning to swear in the 300 newly elected lawmakers. Greek MPs have to choice to take a religious (Greek Orthodox and Muslim) or a political oath that is held for the first time in the Parliament after a request of the SYRIZA-led coalition government. …
Read More »UPD Tsipras – Juncker hand in hand for Greek Debt on Solution Street
Friendly and warm atmosphere. Greek Prime Minister Alexis Tsipras is holding a meeting with President of European Commission Jean-Claude Juncker in Brussels on Wednesday morning. In a gesture of failed symbolism, veteran Jean-Claude took young PM Alexis by the hand and off they walked to the EC sanctuary. Hand in …
Read More »UPD Juncker, Moscovici, Berlin signal to scrap the Troika
European Commission President Jean-Claude Juncker and EU Commissioner for Economic and Financial Affairs Pierre Moscovici signaled that they want to scrap the Troika, the representatives of International Monetary Fund, The European Union and the European Central Bank, dealing with the Greek bailout programs, the austerity time table and the so-called …
Read More »Greece’s new coalition tasks: Cabinet, new Parliament, Vote of Confidence, Presidential Election
The very first challenge Greece’s new coalition government has to deal with is the Presidential election. But before this procedure is launched, other modalities have to be settled: form the cabinet, open the Parliament, get a vote of confidence. Cabinet The names of the ministers to form Greece’s new cabinet …
Read More »German FinMin Schaeuble tells Greece it must stick to reforms path
Early elections on 25. January 2015? Greece’s EU partners are in alert and rush one after the other to bless Greek voters and the next government with advice as public opinion polls suggest that main opposition party, left-wing SYRIZA will emerge as the strongest party in the January elections. After …
Read More »EU works to keep Greece in the EZ, sends Moscovici to Athens and #GreeksAskJuncker
Amid the horror Grexit-scenarios being pushed around by the Greek coalition government, the European Commission says “it is working to keep Greece firmly in the eurozone” and thus just a couple of days after EC chief Jean-Claude Juncker blatantly intervened in the Greek politics. EU Economic Affairs Commissioner Pierre Moscovici …
Read More »Greek PM names Stavros Dimas as Presidential candidate; “political suicide” for Samaras?
In a televised address to the nation on Tuesday noon, Prime Minister Antonis Samaras named former EU Commissioner Stavros Dimas as the Presidential candidate. the announcement was made about an hour after Dimas had a meeting with Samaras in the Prime Minister’s office. Stavros Dimas, 73, is a center-right politician …
Read More »Huffington Post Greece edition launched with “Opa!” ?
Famous Huffington Post launched its Greek edition on Thursday as a latest step of the company’s blobal expansion strategy. The offices of Huffington Post Greece are based in Athens, Editorial Director is Sophia Papaioannou, Nikos Agouros as Editor-in-chief and a team of some ten journalists. HuffPost Greece came into realization …
Read More »Greece -Turkey: tension is high as Ankara tries to conduct research in Cyprus EEZ
A new tension is high between the arch rivals and close neighbors on the west and east of the Aegean Sea, as Turkey is staging one provocation after the other, playing the game the country knows very well: claiming rights in the Aegean and the Eastern Mediterranean Sea. Reason for …
Read More »Greeks got new Defense and Development Ministers
Former Development Minister Nikos Dendias was named new Defense Minister after Dimitris Avramopoulos took the plane for Brussels and a new post as EU Commissioner for Migration. Consequently, the cabinet needed a new Development Minister…. Kostas Skrekas, a New Dimocratia MP from Trikala. PS we could also called this a …
Read More »Stournaras refutes Stournaras: he wants to stay in FinMin despite ND criticism on EP elections results
“I am not going to turn into a punching bag,” Greek Finance Minister Yiannis Stournaras had let his critics know through his close aides. “I do not wish to stay in the ministry under these circumstances,” Stournaras had felt the need to reply to criticism coming from Nea Dimokratia that …
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