ECB

Germany would not accept a new bailout program for Greece in the event the IMF left the current program, German Finance Minister Wolfgang Schauble told Bloomberg news agency. Mr.

The Greek delegation’s hopes of raising the issue of a possible restructuring of the Greek debt at the EU Summit discussions were quickly dispelled on the first day, as EP President Martin Schulz denied he had taken any initiatives to bring the matter to the table of talks.

In an article in newspaper “Efimedida Ton Syntakton”, former Greek Finance Minister Yianis Varoufakis responds to the allegations levelled against him by the governor of the Bank of Greece (BoG), Yiannis Stournaras during his deposition before the parliamentary committee on transparency. In his article Varoufakis calls for the removal of Stornaras from his position as governor.

A survey conducted by Bloomberg revealed that over 80% of the economists asked believed ECB President Mario Draghi would extend the quantitative easing (QE) policy beyond the scheduled deadline of March 2017.

The meeting between Greek government and the representatives of the Institutions started at 17:00 on Monday so as to launch the negotiations on the review of Greece’s economic adjustment program.

The government was represented by Finance Minister Euclid Tsakalotos, Economy, Development and Tourism Minister George Stathakis and Alternate Finance Minister Giorgos Chouliarakis.

Prime Minister Alexis Tsipras met with ECB president Mario Draghi at Davos on Friday and they both agreed that the first program review must be concluded as soon as possible.

They also discussed the course of the Greek program and the reforms needed.

Prime Minister Alexis Tsipras arrived at Davos to participate in the World Economic Forum which will be held on Wednesday and Thursday along with more 2500 participants.

In August 2015, the Tsipras (SYRIZA/ANEL) government agreed to a new MoU and a Financial Assistance Facility Agreement [loan agreement].

By the Truth Committee on Greek Public Debt

The ECB, the Bank of Greece (BoG) and the Association of Greek Banks, in conjunction with Greek Finance Minister Euclid Tsakalotos decided tom relax the measures in place regarding ATM cash withdrawals in order to avoid long queues on Fridays and facilitate.