Eurogroup

Knowledge Greeks can take to the bank

There was a slightly surreal moment in Greek Parliament recently when New Democracy deputy Nikos Dendias quoted from Bob Dylan's song "All Along the Watchtower." He did so to respond to Finance Minister Euclid Tsakalotos, who had earlier used a quotation attributed to Mark Twain ("The reports of my death have been greatly exaggerated") to dismiss speculation about his lack of public appearances

Key EU official rues delays in talks, plays down debt hopes

A European technocrat who has been at the heart of ongoing bailout negotiations between Greece and its international creditors on Friday expressed disappointment over delays in the completion of a current review while also clarifying that there will be no new debt relief measures but simply the detailing of those that were agreed last May.

Moscovici: No debt relief measures before summer of 2018

The Eurogroup will only agree to medium-term measures for Greek debt relief after Athens has concluded its bailout program in the summer of 2018, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Wednesday.

Moscovici was responding to a question by leftist MEP Nikos Hountis.

PM Alexis Tsipras says EuroGroup results were a great success in parliament

Prime Minister of Greece Alexis Tsipras dubbed the outcome of the February 20 EuroGroup meeting an exceptional success during his briefing of the Greek parliament on the course of negotiations with the country’s creditors. Negotiations. Mrs. Tsipras said what Greece achieved at the EuroGroup was out of the norm, as “we were used to only taking and not giving.

ATHEX: Benchmark tops 655 pts on Eurogroup decision

The positive momentum from the Eurogroup decision on Monday to see the creditors' representatives return to Athens next week carried Greek stocks higher on Tuesday, although the closing prices were significantly below their mid-session highs.

The Athens Exchange (ATHEX) general index closed at 655.20 points, adding 1.43 percent to Monday's 645.95 points.

Greek benchmark tops 655 pts on Eurogroup decision

The positive momentum from the Eurogroup decision on Monday to see the creditors' representatives return to Athens next week carried Greek stocks higher on Tuesday, although the closing prices were significantly below their mid-session highs.

The Athens Exchange (ATHEX) general index closed at 655.20 points, adding 1.43 percent to Monday's 645.95 points.

Government spokesperson: Measures and counterbalances to take effect from January 2019

Greek government spokesperson Dimitris Tzanakopoulos said the measures and countermeasures agreed at Monday’s EuroGroup meeting will take effect from January 1, 2019. The spokesperson called on Germany to “follow a path of realism” during the regular press briefing. “For every euro of measures there will also be a counter-measure of relief that will be voted in”, Mr. Tzanakopoulos.

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