Tag Archives: Euro Working Group

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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Greek government is under immense pressure as money has run out, and the expected 2-billion-euro bailout tranche has not arrived yet. The Eurozone technocrats, the members of the Euro Working Group are supposed to make their first review of the implementation of the bailout programm and decide today whether Greece …

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List of 48 Prior Actions Greece has to implement as soon as possible in order to receive the 2-billion-euro tranche from the 3. bailout. Prior Actions PART II – No 25-48 25. All supplementary pension funds will have to be under ETEA (Unified Supplementary Pensions Fund) and ensure that all …

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The long and winding road that leads to a 2-billion-euro bailout disbursement. The Euro Working Group agreed on Friday on …not one, not ten, not twenty… but forty eight (48) prerequisites (prior actions_ that Greece has to implement in the next two weeks in order to receive the first trance …

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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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Did the Euro Working Group give ultimatum No 2,456,979,579 to Greece to comply with creditors’ additional austerity demands? It is not clear. Some European Commission “unnamed sources” told Reuters “it did”, others say “it did not.” Greek media reported that “Greece had 6 working days to present convincing measures that …

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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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A good news and a bad news: the Euro Working Group approved the 2.5 billion euro bailout tranche to Greece. The announcement was made via …Twitter! The Euro Working Group of finance officials has approved the disbursement of a E2.5 billion aid tranche for Greece, European Commission spokesman Simon O΄Connor …

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On Wednesday I read in Greek media, the Euro zone minister (Euro Working Group) gave the green light for the 2.5 billion Greek bailout tranche. On Thursday I read that the euro zone has delayed its decision on whether to approve its next aid payment for Greece until Friday after …

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Greece and its lenders appear to be edging toward a formula that would make the crisis-stricken country’s debt sustainable, with Finance Minister Yannis Stournaras suggesting on Thursday that only 10 billion euros stood in the way of a deal. Technical experts on the Euro Working Group continued to crunch the …

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