Tag Archives: Brussels Group

OK, there may have not be a huge breakthrough in the Greece talks with the creditors in Paris on Saturday. But some progress has been indeed made. Therefore, the Euro Working Group will meet via teleconference on Wednesday, April 22, two days before the Eurogroup meeting scheduled for April 24th. …

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The bailout talks between Greece and its creditors have reportedly concluded in Brussels, apparently with progress even though without agreement. The Greek economic team packed its luggage and left the Belgian capital, the talks are excepted to continue in Athens, where the creditors’ technical teams will come to collect additional …

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Greece is trapped in bailout talks with the creditors taking place in Brussels. The reforms list the Greek government submitted to the creditors is considered to be on “positive basis” but not sufficient enough. The lenders want measures with “stable performance and specific results”, that is austerity measures with immediate …

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Liquidity problems? Greece’s official creditors had a genius idea. They apparently proposed to Athens to halt the payment of salaries and pensions for one to two months. This would allegedly tackle the problem of liquidity and find a solution to Greek problem of how to pay back bailout loan tranches …

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The Troika is dead! Long live the Brussels Group! Or The BG according to the code books of the technical teams dealing with the Greek debt issue in Brussels. Citing Greek government sources, local media report that officials from Greece and the European Commission, the ECB, the IMF, the ESM …

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