EZ Archives - Keep Talking Greece

Greece among the 9 EZ countries compliant with Stability & Growth Pact

November 20, 2019 Economy Comments Off on Greece among the 9 EZ countries compliant with Stability & Growth Pact

European Commissioner Vice President Valdis Dobrovskis slightly opened the window for a possible decrease of primary surplus targets for Greece. “If we see clearly positive trends in debt sustainability analysis, this can be reflected in the primary surpluses, as these two are closely linked,” he said in Brussels on Wednesday. …

Varoufakis: “Agreement by June 30th”; reveals he was threatened with “capital controls” by European official

June 4, 2015 Economy 15

Finance Minister Yanis Varoufakis told media Thursday morning that an agreement with Greece’s creditors can be reached by “June 30th.” The date is some 10 days after Greece has to meet its obligations to the IMF with the payment of four tranches (5-19 June). The creditors have repeatedly said: no …

Open Letter to Mario Draghi (ECB): Difficult to Save the Euro, When…

August 2, 2012 Economy Comments Off on Open Letter to Mario Draghi (ECB): Difficult to Save the Euro, When…

Head of European Central Bank, Mario Draghi, is expected to announce some measures to save the euro. While the markets anticipate to hear the news, normal citizens and taxpayers of the European Union and the euro zone try to figure out what’s the importance of Draghi’s intervention and how these will affect …

Spain Angers France & Italy With Claim of Joint Statement on EZ Decisions

July 25, 2012 Economy 5

The Euro Zone is really boiling. Spain angered EZ-partners France and Italy when it issued an allegedly joint statement in which apparently the three countries called for the swift implementation of the measures agreed at the Euro Zone Summit in June. Earlier Tuesday the Spanish government said in a statement that …

Tsipras Pledges to “Keep Greece in the Euro Zone and Restore Growth” in Op-Ed to FT

June 13, 2012 Economy, Politics 23

Four days before the June 17 elections and while Germany and Austria raises their tones to influence Greek voters and cast their votes for pro-bailout parties, Alexis Tsipras, the leader of left-wing SYRIZA pledges to “keep Greece in the euro zone and restore growth”. In an op-ed to Financial Times, …

EU, ECB Have a “Master Plan” to Save Euro Zone

June 4, 2012 Economy 30

The four Musketeers, Barroso (EC), van Rompuy (EC), Juncker (Eurogroup)and Draghi (ECB) are reportedly working on a …secret plan to save the euro zone from the crisis. The ambition plan that will be implemented first to EZ member countries foresees among others more EU control over national budgets, a “bank union”, …

Greek FinMin Denies EZ Agreed On Contingency Plans for Greek Euro Exit

May 23, 2012 Economy 6

Greek Finance Ministry categorically denied on Wednesday evening the Reuters’ report according to which during a Euro Working Group teleconference on Monday, it was agreed that each euro zone member should prepare a contingency plan for the possibility Greece would exit the euro area. Greek Fin Min press Release “The …

First European Rating Agency on the Way

April 28, 2012 Economy 4

Standard & Poor’s, Moody’s and all the other kids, that is the American rating agencies are about to get a European rival. German corporate consulting firm Roland Berger developed a plan to challenge the dominance of American firms that have thrown quite some euro zone member countries into deep red by …

Ex-PM Simitis: “Greece did not Cause the Euro Crisis” – Greek Recession at -18%?

April 27, 2012 Economy Comments Off on Ex-PM Simitis: “Greece did not Cause the Euro Crisis” – Greek Recession at -18%?

“My country was the spark, but it merely exposed the inherent flaws within the eurozone. ” The Greek prime minister who took the country into the euro zone Costas Simitis published an article at the British The Guardian. He speaks about deficits and successful measures, but blames the the European Union for failing to …

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