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PoliticsGreek Politics
Eurogroup inconclusive on new Greek proposals but opens path for agreement Greece’s efforts over the weekend to reach a deal with its lenders fell slightly short on Monday and it appears that a few more days will be needed before there can be a chance of an agreement.
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PoliticsGreek Politics
Greece and lenders fail to bridge their differences in Brussels Last-ditch efforts in Brussels to reach a deal between Greece and its lenders proved fruitless over the weekend, meaning attention will now turn to Wednesday’s meeting of the European Central Bank’s general council and Thursday’s gathering of eurozone finance ministers in Luxembourg.
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PoliticsGreek Politics
Brussels talks inconclusive, Tsipras has tough sell at home if deal reached Prime Minister Alexis Tsipras was briefed last night on the content of lenders’ proposals and everything points to him having his work cut out to convince his party to support the deal if he reaches the point where he accepts it.
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PoliticsGreek Politics
Eurogroup leaves Greece in limbo, with liquidity drying up Monday’s Eurogroup produced a lukewarm statement on the state of Greece’s negotiations with its lenders that Athens hopes will be enough to avert any decision from the European Central Bank that would further restrict liquidity to local lenders but which is unlikely to suffice for Frankfurt to lift the T-Bill cap for the Greek state and banks.
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PoliticsGreek Politics
Eurogroup build-up dominated by internal friction over way forward The Greek government will be looking towards Monday’s Eurogroup for some kind of positive indication regarding the state of its negotiations with lenders but expectations for any kind of notable statement are extremely low.
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PoliticsGreek Politics
Greece expects no surprises from ECB despite questioning chances of deal The Greek government appears confident that a meeting of the European Central Bank’s governing council today will not result in a greater haircut being applied to the collateral provided by Greek banks seeking emergency liquidity (ELA).
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PoliticsGreek Politics
Greece hopes to catch break from ECB as IMF puts its foot down The Greek government is due to launch a new effort on Tuesday to overcome its liquidity problems as talks with its lenders still look far from being concluded and have been complicated by the International Monetary Fund reportedly stressing the need for debt relief from the official sector.
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PoliticsGreek Politics
Greece eyes temporary solution to liquidity problem from Brussels Group talks Negotiations between Greece and its lenders are to continue for a second day on Friday, with Athens hoping that a positive outcome at the Brussels Group could lead to the government’s liquidity crisis being overcome quickly.
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PoliticsGreek Politics
As reform talks continue in Brussels, Tsipras gauges reaction at home Prime Minister Alexis Tsipras is due to round off on Monday evening his attempt to engage with his own party and the domestic audience over the content of the reform package his government has sent to lenders and the course of negotiations in Brussels.
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PoliticsGreek Politics
After Eurogroup, hard work, more pressure and sliver of hope for Greece While the language and tone of eurozone finance ministers’ comments regarding Greece before and after Monday’s Eurogroup was negative, the outcome of the meeting left Athens in no worse a position than it started the day but with a huge amount of work to do over the coming days and weeks.