Tag Archives: talks

The intention of Greek government to start online foreclosures on November 29 was reiterated at a meeting between government officials and the technical experts of the country’s creditors in the Greek capital. According to previous reports, the online foreclosures will be held for properties worth more than 300,000 euros. The …

Read More »

Talks to reunify the divided island of Cyprus collapsed amid anger and recriminations in the early hours of Friday, marking the end of  a 10-day long process in Crans-Montana, Switzerland. The United Nations had said that the talks in July was the “the best chance” for a deal to end …

Read More »

Negotiations in Crans-Montana are for tough guys with a good stomach. On the seventh day of talks about the future of the divided island, Ankara reiterated that that Turkish troops will remain in the occupied north in any Cyprus peace deal. Turkey toughened its stance and insisted it won’t sign …

Read More »

Greece and foreign creditors resume talks on Tuesday afternoon after a long break. On the table are the so-called “reforms” prescribed under the international bailout and further debt relief. The aim is to reach a comprehensive deal (staff level agreement) before the Eurogroup meeting on May 22.  Talks are over …

Read More »

Greek foreign minister Nicos Kotzias has written a letter to UN Secretary-General Antonio Guterres to complain about “the conduct” of UN Special Adviser Espen Barth Eide, reports said on Sunday. According to Cypriot newspaper Phileleftheros “the letter bluntly stated” that the UN official was acting to promote the Turkish request …

Read More »

While the Greek government is making desperate efforts to have the additional austerity measures of further pension cuts and broader tax-free basis implemented in 2019 and 2020, the known ‘powers’ take to their favorite hobby: sabotage, boycott, hit and run and new obstacles. A day before the crucial Eurogroup meeting …

Read More »

President Recep Tayyip Erdogan said that Turkey may have a Brexit-style referendum on whether to continue European Union membership process or not after the April 16 constitutional referendum. Speaking during the Turkish-British Tatlidil Forum in southern Antalya province, Erdogan said Turkey would likely review its ties with the bloc after …

Read More »

German Chancellor Angela Merkel held a phone conversation with Greek prime Minister Alexis Tsipras on Wednesday afternoon, a day before she launches her official visit to Turkey. According to the prime minister’s office the two leaders talked about the Cyprus problem, the EU-Turkish relations, the Refugee crisis and the need …

Read More »

Foreign Minister Nikos Kotzias sharply criticized foreign and Greek press reports on Sunday which blamed him for the breakup in Cyprus talks in Geneva saying that the Turkish side had interrupted the talks unexpectedly. Asked by the Athens-Macedonian News Agency (ANA) about reports published in the news website Politico, he …

Read More »

The conference on the Cyprus issue ended late on Thursday in Geneva. The talks will continue at a technical staff level on January 18 on the issue of securities. Greek Foreign Minister Nikos Kotzias once again stressed the need for the withdrawal of the Turkish occupation troops with a continuous …

Read More »

Winds of Change? Juncker, Moscovici and Dijsselbloem ‘secretly’ plot an uprising and revolt against Schaeuble? Eurogroup head Jeroen Dijsselbloem said that the Greek government is very committed and more cooperative than the other governments under the bailout agreements and that the Eurogroup will discuss debt relief measures on December 5th …

Read More »

Greece’s prime minister told his new cabinet on Sunday that Athens “can and will” conclude its second bailout review in time for long-awaited debt relief talks to begin in December. Alexis Tsipras reshuffled his government on Friday and urged his ministers to work hard to rapidly complete the review, which …

Read More »

Just a couple of days before another crucial Eurogroup meeting on Greece, the Managing Director of the International Monetary Fund, Christine Lagarde sent a letter to all 19 eurozone finance ministers asking them to begin talks on Greek Debt Relief “immediately, or risk losing IMF participation on the Greek program. …

Read More »

The long and intensive talks between Greece and its lenders did not end in conclusion of the Greek Program Review. Finance Minister Euclid Tsakalotos told rpeorters at 2 a.m. that “talks will resume on April 18th, after the Spring Meetings between the International Monetary Fund and the World Bank. According …

Read More »

For Greece’s lenders faith was apparently stronger than an agreement on bailout program review, the pensions reforms and the new additional taxation. They left Athens on Sunday and will return beginning of April, after a two weeks break for the Catholic Easter. The representatives of the “institutions” left and left …

Read More »

Remember when we used to have these old record players and sometimes there was a problem with the needle and it would get stuck? The Eurogroup seems to have the same problem. Its needle sticks and it repeats the same thing again and again. After the meeting today, in his …

Read More »

Representatives of Greece’s creditors had a 3-hour meeting with Greek officials top officials Finance Minister Tsakalotos, Labor Minister Katrougalos and Economy Finister Stathakis in the first round of negotiations. Protagonist in this today’s meeting was Labor Minister Giorgos Katrougalos as the issue of social security contributions was top on the …

Read More »

The International Monetary Fund is alive and kicking. And insists to apply its famous wrong “remedies” to the Greek problem, no matter what. The IMF’s representative in charge of the Greek program has arrived in Athens together with the representatives of European commission, the European Stability Mechanism and the European …

Read More »

The biggest privatization case is not lost. German state-run enterprise FRAPORT expressed confidence that it can indeed sign the contracts for the privatization of 14 regional Greek airport in a couple of months. The deal that was threatened to go bust in August when the German partner of the German-Greek …

Read More »

The first scenario that wanted ex Energy Minister Lafazanis to seize the Greece’s assets and arrest the governor of Bank of Greece did not thrill the public. Now a new scenario with much more suspense claims that former Finance Minister Yanis Varoufakis wanted to hack the Ministry’s software, hijack taxpayers’ …

Read More »