About: bailout

Economy & Jobs 23-02-2017

The bailout business: Who profits from bank rescues in the EU?

According to a new report by Amsterdam's Transnational Institute, bailing out banks is a lucrative business in the EU.
Economy & Jobs 08-07-2015

Verhofstadt to Tsipras: ‘Show that you are a real leader, not a false prophet!’

“I am angry because you are talking about reforms, but we never see concrete proposals,” ALDE leader Guy Verhofstadt said during a plenary session in Strasbourg.
Economy & Jobs 08-07-2015

Farage: ‘The European project is beginning to die’

“If you've got the courage you should lead the Greek people out of the eurozone, with your head held high,” said British MEP Nigel Farage (EFFD).
Economy & Jobs 08-07-2015

Tsipras calls for a ‘European solution’ to the Greek crisis

"This is not exclusively a Greek problem, this is a European problem and European problems require European solutions,” the Greek premier said on Wednesday (8 July) in Strasbourg.
Economy & Jobs 08-07-2015

Juncker: ‘We have a Grexit scenario prepared in detail’

“The Commission is prepared for everything. We have a Grexit scenario prepared in detail,” said European Commission President Jean-Claude Juncker after EU leaders met in Brussels on Tuesday.
Economy & Jobs 07-07-2015

Dijsselbloem calls for ‘credible’ proposals by Greek government

“After the 'No' vote in Greece, we need to hear from the Greek government,”Eurogroup President Jeroen Dijsselbloem told reporters on Tuesday (7 July).
Economy & Jobs 07-07-2015

Schäuble says Greek debt haircut ‘not allowed’

“Whoever knows the European treaties knows that a debt haircut is not allowed for bail-out,” Germany's Minister of Finance, Wolfgang Schäuble, said on Tuesday (7 July) upon his arrival in Brussels.
Euro & Finance 07-07-2015

Juncker: ‘Terrorists’ jibe unfair

“I think it is unacceptable for the European Commission to be deemed terrorist by the Greek government. That is not the kind of Europe we want,” said European Commission President Jean-Claude Juncker.
Economy & Jobs 06-07-2015

Commission says ‘No’ vote widens gap between Greece and EU

“We respect the democratic choice of the Greek people. The "No" result unfortunately widens the gap between Greece and other eurozone countries,” said Valdis Dombrovskis, on Monday (6 July).
Economy & Jobs 06-07-2015

‘Greece needs a humanitarian aid programme’, says Schulz

European Parliament President Martin Schulz said that “The sovereignty of the Greek people must be respected," after Greece voted “No” in Sunday's referendum on the EU bailout deal.
Economy & Jobs 03-07-2015

Juncker: ‘Greek negotiation position will be dramatically weakened by a NO vote’

Two days before Greece votes in a referendum on the most recent EU bailout deal, Commission President Jean-Claude Juncker said, “If the Greeks vote no, their position will be very weak."
Economy & Jobs 29-06-2015

Juncker on Greece: ‘I feel betrayed’

“I am deeply distressed, saddened by the spectacle that Europe gave last Saturday. In a single night, the European conscience has taken a heavy blow," said European Commission President Jean-Claude Juncker, after Greece called for a referendum on Sunday.
Economy & Jobs 23-06-2015

Eurozone leaders hopeful of Greek deal

On Monday, Eurozone leaders welcomed new Greek budget proposals and called them a 'positive step forward' towards finding an agreement with Athens that would unlock frozen aid and stop Greece from defaulting.
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Economy & Jobs 20-02-2015

Sapin says Greek euro exit ‘not an option’

As eurozone finance ministers are holding emergency talks on the Greek crisis in Brussels on Friday, French Finance Minister Michel Sapin said the Greece's euro exit “is not an option”. “The only option is to keep working for Greece to continue at ease inside the euro, and for the rest of the eurozone to continue at ease with Greece,” he added.
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Economy & Jobs 20-02-2015

Schäuble: ‘It is not only about individual countries, it is about Europe’

As eurozone finance ministers are holding emergency talks on the Greek crisis in Brussels on Friday, German Finance Minister Wolfgang Schäuble said that “It is not only about individual countries, it is about Europe, it is about our ability to trust each other and enhance the trust of all European people.”
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Euro & Finance 20-02-2015

Varoufakis: ‘We expect our partners to meet us one fifth of the way’

Greek Finance Minister Yanis Varoufakis said on Friday that he hopes “there's going to be an agreement”, as eurozone finance ministers meet in Brussels to discuss Greece’s request to extend access to eurozone bailout funds by six months.
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Economy & Jobs 12-02-2015

Stubb after Ukraine ceasefire agreement: ‘We should give peace a chance’

Finnish Prime Minister Alexander Stubb has warned Russia of a 'frozen relation' with the West if Moscow does not respect the ceasefire agreement reached in Minsk on Wednesday.
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Economy & Jobs 12-02-2015

Tsipras wants a deal to ‘tackle humanitarian crisis across EU’

Speaking to journalists after arriving at the European Council meeting on Thursday, newly-elected Greek Prime Minister Alexis Tsipras said that he is 'confident' that he EU leaders can agree on a way forward for Greece's bailout programme.
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Economy & Jobs 12-02-2015

Tusk after Ukraine ceasefire agreement: “We have to be cautious”

European Council President Donald Tusk said on Thursday that Europe must be 'cautious', after the leaders of France, Germany, Ukraine and Russia agreed to a ceasefire, in order to put an end to months of violence in eastern Ukraine.
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Economy & Jobs 12-02-2015

Varoufakis: Greek bailout programme ‘catastrophic’

“Greece would never agree to stay in this current bailout programme because it is catastrophic,” said Greek Finance Minister Yanis Varoufakis on Thursday.
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Economy & Jobs 04-02-2015

Tsipras ‘optimistic’ about finding a ‘common solution for a common future’

Newly-elected Greek Prime Minister Alexis Tsipras met EU leaders in Brussels on Wednesday, in a bid to renegotiate the terms of the Troika's 240bn euro bailout plan.
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Economy & Jobs 28-01-2015

Commission expects Greece to fulfil its promises, says Katainen

"The real economy hasn't changed after the elections, the situation is still the same," said on Wednesday EU Commissioner for Jobs and Growth Jyrki Katainen, after leftist anti-bailout party Syriza won a general election in Greece on Sunday.
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Economy & Jobs 27-01-2015

Schäuble: Greece must comply with the rules

Responding to Greek anti-bailout party Syriza's election victory on Sunday, German Finance Minister Wolfgang Schäuble said on Tuesday that “rules and agreements need to be complied with.”
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Economy & Jobs 27-01-2015

Moscovici: “We want a Greece that can repay its debts”

Only hours after anti-bailout leftist party Syriza won the elections in Greece on Sunday, EU Commissioner for Economic Affairs Pierre Moscovici said that while the European Commission hopes to have a 'constructive dialogue' with the new Greek government, it also wants a 'Greece that can repay its debts.'