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Tag Archives: eurogroup

French FinMin Le Maire in Athens with a Debt Proposal the IFM and Berlin tend to reject

French Finance Minister Bruno Le Maire expressed optimism Greece and creditors are not far away from the agreement. “The next two days will pave the way for an agreement at the Eurogroup” on June 15, Le Maire told reporters after a meeting with his Greek counterpart Euclid Tsakalotos in Athens …

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Eurogroup May 22 – Poll: Does Greece deserve Debt Relief?

Eurozone finance ministers meet today to discuss the progress made towards the second review of the Greek program and the sustainability of the Greek Debt. The government in Athens hopes for a comprehensive solution that will include measures for debt relief. Berlin vehemently rejects any relevant discussion before the current …

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Creditors make it clear: No debt relief for Greece before 2018

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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Juncker says further pension cuts ‘bad advice”, calls on Eurozone to draw up debt relief measures for Greece

European Commission President Jean-Claude Juncker urged euro zone countries to draw up more debt relief measures for Greece next month. He said that Athens needed help after making “huge progress” in its economic reforms. “Further pension cuts is a bad advice,” Juncker said. In an interview to Greek economic news …

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JP Morgan scenarios for second review, Greece’s participation in ECB’s QE

The decision reached by Eurozone finance ministers in Malta concerning Greece increases the chances of a solution for completing the second review of the Greek programme before May 22, according to a report by J. P. Morgan released on Monday. The U.S. banking and financial services giant said the decisions …

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Odd Eurogroup statement on Greece after Malta meeting

Odd things are happening. The Eurogroup did not reveal details of the agreement between Greece and its euro area creditors in Malta on Friday. The statement makes a simple reference to the agreement adding a Tweet by Eurogroup head, Jeroen Dijsselbloem. Greece The Eurogroup was briefed on developments in the …

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