European debt crisis
ECB urges Greek political deal as emergency cash line kept tight
By Jeff Black
The European Central Bank is sending a message to the euro-area?s leaders: don?t make us pull the trigger on Greece?s banks.
Greek bonds could be safer than peers after debt deal, says Morgan Stanley
By John Geddie
Another round of Greek debt relief could make the country's bonds a safer investment than those of several other eurozone countries, a major US bank has told its clients.
Varoufakis’ proposal to Wednesday’s Eurogroup
A transitional deal until the end of August instead the end of May (which was originally planned) is to be presented at the Eurogroup meeting on Wednesday the 11th of February, by the Greek government.
- Read more about Varoufakis’ proposal to Wednesday’s Eurogroup
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Greece set for technical talks with lenders on Wednesday, EU officials say
A technical team from Greece will open talks about economic reforms this week with experts from its international lenders, the European Union, the European Central Bank and the International Monetary Fund, EU officials said.
Banks, currently on life support, need to return to normality
WSJ: Greece is in danger of running out of cash soon
According to Wall Street Journal report, Greece is in danger of running out of cash in weeks.
As WSJ indicates, if Eurozone officials didn’t make the above decision then Greece would have been able to take a breather for about 4-6 months, which is enough according to the Greek Government to conclude negotiations.
Brussels: Greece should request extension to existing bailout program
EU Commissioner Pierre Moscovisi, speaking via a "spokesman", is the latest top European leader on Friday urging Athens to seek an extension to a bailout scheme ending this month.
EU deal with Greece can be reached, Spain economy minister says
Greece will be able to reach agreement with its European partners and any turmoil poses little risk for Spain where the government is poised to raise its growth forecasts, Spanish Economy Minister Luis de Guindos said.
Spanish economy minister says EU-Greece deal can be reached
By Sarah White & Julien Toyer
MADRID - Greece will be able to reach agreement with its European partners and any turmoil poses little risk for Spain where the government is poised to raise its growth forecasts, Spanish Economy Minister Luis de Guindos said.
Greece needs bailout extension to negotiate reforms, says Commission VP
By Jan Strupczewski & Paul Taylor
Greece can choose how to make its public finances healthy and its economy grow, but it must extend its bailout program by a few months to gain time to negotiate those steps, European Commission Vice President Valdis Dombrovskis said.