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Tag Archives: new loan agreement

German FinMin: Blatant Intervention in Greece’s Democratic Procedures

The boldness of some EU so-called “partners” of Greece has apparently no limits. Just hours before the Eurogroup teleconference on Wednesday evening and after conservative coalition partner Antonis Samaras sent his written commitments to the country’s lenders, German Finance Minister Wolfgang Schaeuble made a blatant intervention in Greece’s democratic procedures. …

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Papademos – Coalition Gov’ Leaders Meeting Started at 5 pm

After several delays and postponements Prime Minister Lucas Papademos is meeting George Papandreou (PASOK), Antonis Samaras (Nea Dimokratia) and Giorgos Katatzaferis (LAOS). Samaras arrived at PM’s office short before 5  p.m., Karatzaferis a few minutes later. I assume Papandreou had arrived first. Government partner Karatzaferis had asked time to read the austerity …

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Greece Fine-Tunes PSI and New Loan Agreement

Negotiations on the new loan agreement to Greece look as if they have not be concluded on Tuesday evening as it was planned. The meeting between PM Papademos with the coalition government parties leaders have been postponed again for Wednesday, sometime in the afternoon, Greek media reported. The Troika will …

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“One Step Away From PSI Deal” – Why Greeks & Troika Unhappy?

Greece and its private creditors are apparently one step away from completing the voluntary Greek Bond Swap (PSI).  “We are one step away from PSI deal”, Greek Finance Minister Evangelos Venizelos said. “We are close to the finalization of a voluntary PSI”, head of Institute of International Finance Charles Dallara said …

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