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Tag Archives: negotiations

PM Tsipras: Solution, no rift; Schaeuble should pity those with heads bowed

Prime Minister Alexis Tsipras commented to several important issues like the broke down Eurogroup meeting on Monday and the several drafts submitted to Finance Minister Varoufakis, to German Finance Minister Wolfgang Schaeuble and to the first legislation his government is about to submit to Parliament with measures to relief indebted …

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Troika, Greece meeting in Paris had also a Snap-Polls Dragon

Like in all good old fairy tales, the meeting of Troika and Greece’s representatives in Paris had a dragon. A dragon spitting fire and generously distributing slaps in the face of the team sent by Samaras-Venizelos coalition government to negotiate with the country’s lenders the bailout exit. Aim of the …

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Greek PM hails the end of summer with optimism over economic recovery

The month started with an ascertainment: That the “unemployment is a treacherous and tough opponent of the society, undermining the dreams of the youth” – so said Greek Prime Minister Antonis Samaras on Monday September 1st, stressing that in order to tackle unemployment “we need to take action now that we enter …

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Procedure as usual: Troika threatens to block money release, Greek gov’t bets on delay

“Cautiously optimistic”, “hard bargaining”, “anguish about the next bailout tranche”. I was not even impressed to hear this morning on television channels the reports about the “tough negotiations” between Greece’s lenders – the Troika- and the newly appointed Minister of Administrative Reform Kyriakos Mitsotakis. High on the agenda of the …

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Greek FinMin on Troika negotiations: “There is work to do, all open”

“There is work to do. Nothing will be sealed until all is settled,” Greek finance minister Yiannis Stournaras told reporters after a meeting with representatives of the Troika on Thursday adding that the two sides will hold meetings every day. “There is absolutely nothing closed. All topics are open,” Stournas …

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Greece – Troika negotiations: see you in April…

Grey smoke rose on Wednesday from the chimney of the headquarters of Greek government. The meeting between prime minister Antonis Samaras and the Troika representatives did not end in agreement. Main issues of dispute are reductions of the numbers of civil servants (lay-offs), extension of the emergency property tax in …

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Greek PM Samaras to meet the Troika – Habemus euros?

Greek Prime Minister Antonis Samaras will meet representatives of the country’s  international lenders from IMF, ECB and EU on Tuesday afternoon. The meeting follows tough negotiations between Greek key ministers and high-ranking officials on one side and the Troika’s representatives as well as technical teams on the other side. Antonis Samaras …

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German FinMin: €44 Billion in One Payment to Greece only with Enhanced Control Mechanism

German Finance Minister Wolfgang Schaeuble confirmed on Tuesday evening that news that Germany considers to the payment of three bailout tranches of total 44 billion euro. As expected, Schaeuble stressed the need of an ‘enhanced control mechanism.” “You’ll run up three tranches by the end of the year,”Schaeuble told reporters today in Brussels, …

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Greece in Governance Black-Out: PASOK & DEMLEFT Disagree with Samaras “Negotiation with Troika Completed”

Coalition partner and leader of PASOK, Evangelos Venizelos was angered over PM’s Samaras statement that the negotiation with the Troika has been completed, considering the negotiation has to continue until short before the Eurogroup meeting. With PASOK’s reaction and Democratic Left insisting in not voting for the labour rights ‘reforms’, the …

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Greek PM Samaras’ New Old Dilemma: Measures or Chaos

Greek Prime Minister Antonis Samaras issued a statement on Thusrday noon saying the negotiation with the Troika has been completed. Samaras announced that Greece has completed the austerity measures of 13.5 billion euro and the budget for 2013, two preconditions for the debt-ridden country to receive the loan tranche of …

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A new Troika Demand? Austerity of €10 Billion In a Single Year?

If it’s true, this is, indeed, insane. According to Ta Nea newspaper, Greece’s lenders’ representatives want that almost the whole package of austerity measures will be implemented in 2013 and won’t be distributed more or less equally to 2013 and 2014. The new Troika’s request is allegedly that additional 2 billion …

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