Syndicate contentEurozone

There is no conflict with eurozone, insists Varoufakis

Greek Finance Minister Yanis Varoufakis insisted on Monday morning that Athens is not heading for a showdown with its eurozone partners.
eKathimerini: February 9, 2015

Greek PM defiant over economic plans

Prime Minister Alexis Tsipras of Greece says he is sticking to plans to roll back economic austerity and rejecting an extension of an EU bailout.
BBC: February 9, 2015

Greek leader to reject EU's austerity, lay out leftist programme

New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government's policies in a speech later on Sunday, firmly rejecting any more austerity forced on his debt-strapped country by its euro zone partners.
Reuters: February 8, 2015

Greek cabinet prepares high-risk talks amid default fears

Greece's hard-left government was to fine tune its economic program Saturday ahead of a week of high-risk international talks but with no sign so far of an imminent deal with its creditors, AFP reported.
February 7, 2015

Greek charm offensive hit a wall in Berlin

A whistle-stop tour of European capitals netted Greece’s finance minister few, if any, concessions over the country’s debt — but the prevailing view in markets is that his anti-austerity government will reach agreement with its creditors in the coming weeks.
Washington Post: February 5, 2015

Greek financial crisis tests EU stability

With the left-wing Syriza political party now leading a ruling coalition in Greece, there are concerns about whether Athens will continue to make good on its more than $260 billion economic bailout and austerity agreement with the so-called “troika” --
February 5, 2015

Germany must ease up on austerity to revive euro zone: UK Labour

Germany must relax its insistence on austerity and stoke domestic demand so struggling euro zone nations like Greece can grow their way out of crisis, the man who could be Britain's finance minister after May elections said.
Reuters: February 4, 2015

Greek leftists shouldn't underestimate Merkel

It's widely assumed that the European Union will cave to Greek demands to write off some of Greece's debt.
Chicago Tribune: February 2, 2015

Greece Finance Minister Varoufakis: 'Europe comes first'

The economist-turned-finance minister seeking to renegotiate Greece's huge debt obligations says his priority is the well-being of all Europeans and has ruled out accepting more bailout cash.
BBC: February 2, 2015

Dijsselbloem says Greece has to decide how to move ahead

The chairman of euro-area finance ministers group, Jeroen Dijsselbloem, said it’s up to the Greek government to decide how to move forward in resolving its economic and financial problems.
Bloomberg: February 1, 2015