Tag: Eurozone

Greek Prime Minister Alexis Tsipras admitted openly that he had given an order to Yanis Varoufakis to prepare a Plan B, for a possible Greek exit from the Eurozone. Answering to the question posed by the leader of PASOK, Fofi Genimata, regarding the entire controversy which rose with the information of a Varoufakis’s alternative of a parallel banking system...

Eurozone leaders reached an agreement on financial assistance to Greece, which for five months was trying to find a compromise with creditors. President of the European Council Donald Tusk via "Twitter" announced that agreement with Greece has been reached "unanimously". "Everything is ready for the European stability mechanism to provide financial assistance to Greece in exchange for serious reform," Tusk wrote. https://twitter.com/eucopresident/status/620486708233129984 He...

The finance ministers of the Eurozone today afternoon completed the session of the new reform proposal for Greece, which should enable financial assistance to it. For outstanding questions, the leaders of the 19 Eurozone countries will continue to discuss this evening. The head of the Eurogroup, who in the past two days was in session nearly 15 hours, Jeroen Dijsselbloem,...

The eyes in Greece remain turned to Brussels. The hopes are that the scenario for exiting the Eurozone slowly fades primarily due to the cancellation of the summit of 28 EU member states, instead of which, only summit of the leaders of the Eurozone will be held. This step is seen as the first sign that it is possible...

EU Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said Greece should remain in the Eurozone and that he is confident that everything will be done for it to be so. In an interview with Austrian national television ORF, Hahn stressed that it is now important Greek Prime Minister Alexis Tsipras to submit quality proposal to the partners. Hahn noted that...