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Sunday, May. 19, 2013 |  Syndicate content

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Independent Greeks accuse Eurogroup president of undermining banking system in EU

The Independent Greeks party on Tuesday accused the new Eurogroup president Jeroen Dijsselbloem of undermining the EU banking system, following the latter's statements of a possible continuation
March 26, 2013

PASOK leader: Punitive solution imposed on Cyprus

PASOK leader Evangelos Venizelos accused the eurozone of inability to assess all the parameters of the Cypriot crisis, charging that the majority of the eurozone, led by Germany, imposed a "punitive" solution on Cyprus,
March 25, 2013

SYRIZA calls Eurogroup decision 'painful extortion' of Cyprus

Main opposition SYRIZA called the Eurogroup decision on Cyprus a "painful extortion" to which Cyprus was led "under the weight of blackmail and threats".
March 25, 2013

SYRIZA: Decision on Cyprus 'catastrophic'

Main opposition SYRIZA on Thursday launched a dual attack against the EU and the Greek government over the recent decisions taken on Cyprus' economic problem and the consequences they cause,
March 21, 2013

Government spokesman: 'Situation in Cyprus not for petty party games'

The situation in Cyprus "does not offer itself for petty party games," government spokesman Simos Kedikoglou warned on Wednesday, speaking on private Antenna television station.
March 20, 2013

Cyprus depositors hammered in radical EU-IMF bailout

Eurozone leaders and the IMF on Saturday announced an unprecedented levy on all deposits in Cypriot banks as the sting in the tail of a 10-billion-euro bailout for the near-bankrupt government in Nicosia.
AFP: March 17, 2013

Savers forced to bear costs in Cyprus bailout

The euro zone struck a deal on Saturday to hand Cyprus a bailout worth 10 billion euros (8 billion pounds) , but demanded depositors in its banks forfeit some money to stave off bankruptcy despite the risks of a wider bank run.
Reuters: March 17, 2013

Eurozone tackles sensitive Cyprus debt bailout

Eurozone finance ministers began talks Friday to thrash out a difficult but important bailout for Cyprus, the fifth member state to need help in the face of a debilitating debt crisis.
AFP: March 15, 2013

Greece coping with economic recovery program - Eurogroup

Greece is meeting all requirements of the economic recovery program, in exchange for which it is receiving a greater part of its financial aid from the eurozone and IMF.
February 12, 2013

Juncker makes strong support pitch for Greece

European members must help the Greek government in stemming tax revenue loss from capital leaving the country, outgoing Eurogroup President Jean-Claude Juncker said on Thursday in Brussels
January 11, 2013