Tags Greece
Tag: greece
Dijsselbloem: We await a proposal from Greece until tomorrow
European finance ministers tomorrow will wait for new official Greek proposal in writing until tomorrow. The head of Eurogroup Jeroen Dijsselbloem, after today nearly three-hour meeting of finance ministers, announced that tomorrow there will be a new teleconference of the Eurogroup, on which the Greek proposal will be reviewed. Then, another meeting of the Eurogroup to consider and potentially...
Full Greek proposal tomorrow?
According to unofficial information, Greece today didn’t submit new proposals to creditors. Greek media cite government sources and report that Greece submitted the proposals of Prime Minister Alexis Tsipras from last week to the negotiating table of the Eurogroup, which at that point were not considered because the finance ministers said they would await the outcome of the referendum...
Hahn: Greece should remain in Eurozone
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...
ECB extends financial aid to Greece under stringent conditions
Greece received green light from the European Central Bank for the extension of emergency assistance for liquidity, but at a higher price. ECB decided to continue the program in the same framework, but cut collateral guarantees, which are used for bank liquidity.
According to analysts, this means that the limit of funds that banks may withdraw from emergency liquidity fund...
Tomorrow extraordinary EU summit dedicated to Greece
German Chancellor Angela Merkel and French President Francois Hollande convened an extraordinary summit of the European Union for tomorrow, which is dedicated to Greece.
The two leaders agreed that the decision of the Greek people must be respected.
Hollande and Merkel will discuss the outcome of the referendum today in Paris.
During the day, British Prime Minister David Cameron will also hold...
Tsipras in a race against time for a new agreement
Greek government begins a dynamic race to reach an agreement after the Greek referendum. After the resignation of Yiannis Varoufakis and his tactical replacement from his position as finance minister, now the National Council of political leaders sits presidential palace and will discuss plans for negotiations. Together with Prime Minister Alexis Tsipras and the President Prokopis Pavlopoulos, seated at...
Tsipras agreeing next steps, the Greeks celebrate at Syntagma
Supporters of the policy of SYRIZA loudly celebrate at Syntagma Square, while Greek government is in session and contacts European leaders. According to information, Prime Minister Alexis Tsipras has already spoken with Chancellor Angela Merkel on her meeting with French President Francois Hollande on the Greek situation tomorrow. Tsipras is expected to talk with other European leaders during the...
Greece: More than 61 percent of voters are against European measures
Greece clearly said “no” to new austerity measures that would cast the country into a new recession. The first official results from the Ministry of Interior of about 20 percent of votes counted show that 60.4 percent of voters opposed the measures, while 39.5 percent support them. The opinions of the ministry are that votes “no” will exceed 61...
Komercijalna Bank: No restrictions on card use in Greece
Given the current situation in Greece and the introduction of capital controls, Komercijalna Bank informs the public that citizens will not have any restrictions for use in Greece with the cards issued by the bank.
- On the basis of communication with the companies “Visa International" and "MasterCard Worldwide", currently there will not be any restrictions by the bank in...
Twist in Greece: Tsipras accepts European proposals with minor modifications and suggestions
It appears that Greece is changing its tune and accepts all proposals of the agreement proposed by European partners. The Greek government sent a new letter to the European institutions and the head of the IMF Christine Lagarde, in which it openly accepts all conditions and reforms that creditors proposed last weekend. The information was released by journalist of...
How will Macedonia endure Greek collapse: Business will suffer, banks will take a breath
According to Governor Dimitar Bogov, Greek crisis cannot influence the banking sector, but it will have an impact on trade with this country.
Companies exporting to that market can experience consequences. The need for placement of Macedonian products will be reduced due to reduction of the purchasing power of Greeks.
Foreign trade with Greece in the first quarter of 2013 amounted...
Lines Athens – Brussels overheated: A possible new proposal to lenders
Speculations of a possible movement of the Greek government in order to achieve agreement at the last moment with lenders are spread throughout Greece.
The sudden cancellation of scheduled meetings of Prime Minister Alexis Tsipras with representatives of the Greek associations of traders and hoteliers, the sudden cancellation of athe government briefing and the movement of the prime minister's office,...
ECB will continue its financial support to Greek banks
European Central Bank (ECB) today announced that it will continue with the current financial aid to Greek banks through the mechanism of emergency which is in force since February this year.
"Given the current circumstances, the Management Board of the European Central Bank decided to proceed with immediate liquidity of Greek banks," the statement reads, but it is added that...
Greece sails through uncharted waters: Parliament approves referendum
With 178 votes "for" and 120 "against", the Greek Parliament gave green light to the proposal for a referendum on the austerity measures of Prime Minister Alexis Tsipras. MPs of SYRIZA, Independent Greeks and Golden Dawn voted for the referendum, while all other opposition parties, i.e. River, New Democracy, PASOK and the Communist Party, were against the idea on...
Gruevski’s three fingers on the gathering offended Greeks
Nikola Gruevski’s gathering was full of provocations and insults against Greece. This writes the Greek newspaper "Proto Thema", analyzing the gathering of supporters of the ruling VMRO-DPMNE. According to the newspaper, through this gathering as well, Prime Minister Nikola Gruevski shows that he is trying to gain points on the nationalist card and to remain on power in that...
Greeks nervous: Stoltenberg said “Macedonia” four times
Referring to Macedonia under its constitutional name by NATO Secretary General Jens Stoltenberg caused reactions in Greece.
At the joint meeting of Ministers of Foreign Affairs and EU defense, Greek officials reacted once Stoltenberg began referring to us as "Macedonia".
Greece plans to send a protest note from the permanent representative of Greece to NATO to the Secretary General to respond...
The responses to the draft measures to be known next week
Greece and Macedonia will soon exchange answers on draft confidence-building measures, announced Macedonian Ministry of Foreign Affairs.
"The proposals were and soon the responses from both sides about which proposals are acceptable will be exchanged as well. Then we will get down to the implementation of confidence-building measures that are acceptable for Macedonia and Greece," announced MFA, adding that "next...
Head of “Actor” Bobolas arrested for tax evasion
Greek financial police this morning arrested business giant Leonidas Bobolas, owner of large construction company "Actor" and the newspaper "Ethnos". Bobolas was arrested for tax evasion and debt to the state at the order of the Greek State Prosecution.
"Actor" in Macedonia builds highway Demir Kapija - Smokvica.
A month ago, MTEA was on the construction site of "Actor". Workers told...
MFA: Athens requested 30 days to propose measures for confidence
Macedonian Ministry of Foreign Affairs said for META news agency that there was no talk of confidence building measures as Athens needs one month to come up with draft-measures.
Greece accused Macedonia of spreading irredentism through school textbooks, maps, as well as statements by senior government officials.
Government in Athens is concerned that Macedonia has territorial claims, and therefore...
Tsipras will see Merkel in Berlin, Gruevski, perhaps, in Brussels
Macedonian Prime Minister Nikola Gruevski would maybe attend the Summit of Heads of states, governments and the opposition parties of the European People's Party (EPP), which will be held on 19th and 20th of March in Brussels.
The ruling VMRO-DPMNE and its president, Nikola Gruevski, are members of the EPP. We failed to receive information from the party whether Gruevski...
