Euclid Tsakalotos

Country at a standstill

The timing of Tuesday's disagreement between Finance Minister Euclid Tsakalotos and Deputy Labor Minister Tasos Petropoulos over whether the leftist government plans to pay a one-off benefit to public sector workers and pensioners in the form of an Easter bonus was not incidental.

Editorial: Red alert for the economy

Yesterday's meeting between Finance Minister Euclid Tsakalotos and Bank of Greece Governor Yannis Stournaras just two days before the European Commission's report on the Greek economy reveals the government's concern over the problems that lie ahead, the most important of which is the looming problem of  non-performing loans (NPLs) that has burdened the banks and the economy in general.

Editorial: Euclid Tsakalotos and the PM’s office

What Finance Minister Euclid Tsakalotos dared to say is the self-evident, at least for democratic countries. He said that in the unlikely and unfortunate event that New Democracy comes to power after the next general election, SYRIZA will support it in efforts to renegotiate the currently very high primary surplus targets agreed to with creditors.