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Tag: financial crisis | 8 results

Progress in negotiations between Greece and creditors

12 July 2015

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 […]

Greece hopes that it won’t be excluded from the Eurozone

12 July 2015

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 […]

EU Summit cancelled – chances of Greece’s salvation are slim

12 July 2015

President of the European Council Donald Tusk today announced that the EU Summit, which was to be held tonight because of the Greek crisis, was cancelled and representatives of the 19 member states of the Eurozone continue to negotiate a financial bailout of Greece. Previously, EC Vice-President Valdis Dombrovskis said that the Commission assessed that […]

New meeting of Eurozone finance ministers for Greece

12 July 2015

The finance ministers of the Eurozone countries will today meet at a new extraordinary meeting in Brussels after yesterday failing to agree whether to support the plan for a new Greek assistance program or to cut off Greece from the common European currency. – We could not agree, we will continue tomorrow – said late […]

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