About: Troika Archives
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Merkel says ‘not enough progress’ on Greece
Speaking about Greece on her arrival at the June EU Council Summit, German Chancellor Angela Merkel said that “there hasn't been enough progress, and to some extent one can have the impression that we are moving backwards”.
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Tsipras ‘confident’ of reaching agreement on Greek bailout deal
“After the comprehensive Greek proposals, I am confident that we will reach a compromise that will help the eurozone and Greece to overcome the crisis,” said Greek Prime Minister Alexis Tsipras upon his arrival to the EU Council Summit on Thursday.
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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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Dijsselbloem: New Greek proposals ‘positive step’
Speaking after a short meeting of eurozone finance ministers, Eurogroup president Jeroen Dijsselbloem said that the new proposals presented by the Greek government are seen as a “positive step' towards reaching an agreement with Athens.
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Eurogroup meets amid fears of Greek default
Eurozone finance ministers gathered on Monday in Brussels, ahead of the EU leaders' summit, for emergency talks over Greece's bailout and the latest, last-minute proposals to stave off default from the Greek government.
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Greece considers selling ports to reach deal with creditors
Greece's government is considering selling stakes in its two largest ports as a concession to reach an agreement with its lenders and unlock bailout funds, a government official said yesterday (29 April).
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Eurogroup warns Greece: Stop wasting time
EU finance ministers met in Brussels on Monday to discuss the next steps following the decision to extend financial assistance to Greece by up to four months.
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Eurogroup getting impatient with Greece
Warning Greece it had "no time to lose", eurozone ministers agreed to technical talks between finance experts from Athens and its international creditors would start on Wednesday (11 March) with the aim of unlocking further funding.
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Europe risks right-wing backlash, Greece’s Varoufakis tells Charlie Hebdo
Racists and nationalists will be the only ones to benefit if European leaders "shoot down" Greece's new anti-austerity government, Greek Finance Minister Yanis Varoufakis has told Charlie Hebdo.
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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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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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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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Greece, Eurozone seen reaching last-minute deal
Greece's leftist-led government said it will ask the eurozone on Thursday (19 February) to extend a "loan agreement" for up to six months, raising prospects of a last-minute deal to keep the heavily indebted country afloat.
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Greece to EU: No deal
On Monday, Eurozone finance ministers failed to reach an agreement on how to proceed with Greece's bailout programme after it expires at the end of the month.
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Many of Greece’s problems were aggravated by the EU
We must recognise that many of Greece's problems were aggravated by the behaviour of the European Union, writes Maria João Rodrigues.
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Greece rejects bailout and seeks credit
Talks between Greece and eurozone finance ministers over the country's debt crisis broke down on Monday (16 February) when Athens rejected a proposal to request a six-month extension of its international bailout package as "unacceptable".
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Spanish FM rebukes Tsipras: “Rajoy doesn’t get nervous”
Spanish Finance Minister Luis De Guindos rejected Greek Prime Minister Alexis Tsipras’ claim that he saw Spanish leader Mariano Rajoy 'looking nervous' as EU Heads of State discussed the Greece crisis at an EU Council Summit last week.
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Schäuble ‘sceptical’ on Greek deal
“I am very sceptical following all that has taken place during the last days because the Greek government doesn't seem to have moved at all,” German Finance Minister Wolfgang Schäuble said on Monday (16 February) ahead of a meeting of eurozone finance ministers.
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Moscovici on Greece: “We need to reach an agreement”
“We want and we need to reach an agreement. The will is there,” said EU Economic and Financial Affairs Commissioner Pierre Moscovici ahead of a “decisive” meeting of eurozone finance ministers in Brussels on Monday.
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Tsipras declares death of Troika, agrees to further talks
Greek Prime Minister Alexis Tsipras repeatedly said during an EU summit on Thursday (12 February) that the "Troika is over." But he also agreed to a resumption of crisis talks with the three creditor institutions in the coming days, initiating what appears like a climb down.
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Greek debt talks fail, next meeting on Monday
Greece's new leftist government and its international creditors failed to agree on a way forward for the country's unpopular bailout programme, and will try again on 16 February, with time running out for a financing deal.
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Tax evasion and anti-Semitism in Greece
The left-wing Syriza party and the right-wing or even ultra-nationalist Independent Greeks party make strange bedfellows, writes Mose Apelblat.
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Alexis Tsipras: New hope on the horizon
The visit to Cyprus by the newly elected Greek Prime Minister Alexis Tsipras was an overwhelming success, one that offered hope that things are about to change for the better, writes Andreas Chrysafis.
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German conservatives reject Greek demands for debt haircut, end to Troika visits
Ahead of a visit from the new Greek Finance Minister in Berlin on Thursday (5 February), the centre-right faction in the Bundestag, Germany’s lower house, is standing its ground on Greece’s reform commitments, rejecting a debt haircut and an end to Troika inspections. EURACTIV Germany reports.