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Tzanakopoulos: Eurogroup’s agreement is the most crucial step for the conclusion of program review

By   /  21/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  No Comments

  The agreement of the Eurogroup was the most crucial step for the conclusion of the program review, government spokesman Dimitris Tzanakopoulos said on Tuesday during a press briefing. He accused main opposition New Democracy of not being affected by these positive developments and insisting on a paradoxical line of questioning reality itself and continuing […]

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Pavlopoulos: Saudi Arabia plays a key role in the Arab World

By   /  20/02/2017  /  Business, Energy, Finance, GR Business, GR Energy, GR Finance, GR Politics, Greece, Politics  /  No Comments

  Greek President Pavlopoulos is in Riyadh from Monday afternoon for a two-day official visit, accompanied by Greek Foreign Minister Nikos Kotzias, Minister of Mercantile Marine and Island Policy and the Deputy Foreign Minister for European Affairs George Katrougalos. Prokopis Pavlopoulos met with the successor to the Saudi throne Deputy Prime Minister and Interior Minister […]

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Athens agrees to legislate more measures; creditors set to return

By   /  20/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  No Comments

  Prior to a crucial Eurogroup meeting on Monday evening, an agreement was reached an agreement was reached during a meeting in Brussels, in which participants included Greek Finance Minister Tsakalotos, Eurogroup president Jeroen Dijsselbloem, European Financial Affairs Commissioner Pierre Moscovici, Eureopean Stability Mechanism chief Klaus Regling and other representatives of Greece’s creditors. The Greek […]

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Greek President Pavlopoulos to visit Saudi Arabia

By   /  19/02/2017  /  Business, Energy, Finance, GR Business, GR Energy, GR Finance, GR Politics, Greece, Politics  /  No Comments

  The President of Greece Prokopis Pavlopoulos will be in Saudi Arabia on a two-day official visit on February 21-22 at the invitation of King of Saudi Arabia Salman bin Abdul Aziz Al Saud. The Greek president will be accompanied by numerous ministerial delegations including Greek Foreign Minister Nikos Kotzias. The visit to Saudi Arabia, […]

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Athens hoping for “political agreement” at crucial Eurogroup meeting

By   /  19/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  No Comments

Greek Finance Minister will attend a crucial Eurogroup meeting on Monday hoping for “a political agreement” to wrap up the review of its bailout program, having pointed out in recent weeks that “delays are not in the benefit of Greece or Europe”. Over the last few days, deliberations have continued between Greek government officials and […]

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Greece considers stance ahead of Eurogroup meeting

By   /  16/02/2017  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  No Comments

  News reports have emerged in Greece suggesting the country’s government could be prepared to allow talks with creditors to continue beyond March. Greek Finance Minister Euclid Tsakalotos and European Financial Affairs Commissioner, Pierre Moscovici, discussed a “package” of measures on Wednesday that could unblock the stalled review of the Greek bailout program. According to […]

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Gucci denies it offered to pay Greece 56 mln euros for Acropolis fashion project

By   /  16/02/2017  /  Business, Culture, Finance, GR Business, GR Culture, GR Finance, Greece  /  No Comments

  Italian luxury fashion house Gucci denied on Wednesday reports published in Greek media and “La Repubblica” that it offered to pay Greece’s ministry of culture 56 million euros for a fashion project on the Acropolis Hill in Athens. “The published speculation regarding the supposed economic proposal, direct or indirect, is absolutely incorrect and without […]

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Farmers from Central Macedonia disappointed after meeting with gov’t officials

By   /  16/02/2017  /  Business, Finance, GR Business, GR Finance, GR Politics, Greece, Politics  /  No Comments

  Farmers from Central Macedonia said they were very disappointed by their meeting with government ministers on Wednesday, during which they discussed their grievances concerning the increased taxation and social security contributions imposed by the government. “We raised specific issues and they answered us as if they were talking to party members of the opposition,” […]

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Analysts expect review of Greek program to drag on

By   /  15/02/2017  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  No Comments

  In recent notes to investors, financial analysts expect the Greek government and the country’s creditors to strike a deal to conclude the review of the adjustment program in the summer of 2017, as soon as the country begins to feel the pressure of deadlines for enormous debt repayments. Markets have been nervously waiting for […]

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Moscovici: There is convergence at certain points to conclude the review and move ahead

By   /  15/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  No Comments

  Greece’s talks with its official lenders on concluding the programme review have made progress but more steps are needed, EU Commissioner for Economic and Financial Affairs, Taxation and Customs said on Wednesday upon his arrival at the Finance Ministry. “There is convergence at certain points so that we can conclude the review and move […]

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