The countdown to the haircut
By George Psyllides It was all smiles and pats on the back for Finance Minister Harris Georgiades as Cyprus exited its bailout adjustment programme...
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Finance Minister to take part in Eurorgoup and Ecofin meetings
Finance Minister Harris Georgiades will participate on Monday in the Eurogroup meeting and on Tuesday in the meeting of the ECOFIN. The Eurogroup will be...
Varoufakis’ struggles with Europe’s top decision makers
By Jim Leontiades THE MOST powerful governing body in Europe is not the European Council of Ministers, the European Parliament, the European Commission or any...
The banks, not the state, should compensate victims of 2013
WHEN we invest in the stocks of a company, regardless of it size, we should bear in mind that we are exposing ourselves to at...
Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair
Finance ministers from Latvia, Luxembourg, Portugal and Slovakia bid on Thursday to replace Jeroen Dijsselbloem as the powerful head of eurozone finance ministers, the Eurogroup,...
Georgiades defends Cyprus’ economic policy ahead of Eurogroup
Finance Minister Harris Georgiades said on Sunday the government would not take any fiscal measures that would undermine the economy`s growth prospects, despite the European...
Eurogroup’s Dijsselbloem says Greek debt relief talks can resume
By Toby Sterling Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen mid-month over...
Eurozone ministers briefed on financial aspects of solution
Finance Minister Harris Georgiades on Monday briefed his Eurozone counterparts about the state of play in the island’s reunification process, focusing on economic and financial...
Eurogroup to discuss solution cost, meeting important Georgiades says
The government expects the involvement of all European institutions, including the Eurogroup, in a possible solution of the Cyprus problem, said Sunday Finance Minister Harris...
Eurogroup working to keep IMF in Greek rescue programme: ECB’s Coeure
The Eurogroup of euro zone finance ministers is working on a solution to make Greece’s public debt sustainable and maintain the International Monetary Fund’s involvement...
Britain should make up its mind on start of Brexit talks – Eurogroup head
Britain must make up its mind on the start of formal divorce procedures with the European Union as its economy stands to lose the most...
Greeks strike as new tax, pension reforms loom
Greeks started a 48-hour nationwide strike on Friday in anger at tax and pension reforms pursued by the indebted nation to qualify for more of...
Euro zone delays meeting on Greece reforms, Tsipras seeks meeting with European leaders
Greek Prime Minister Alexis Tsipras plans to contact European Council President Donald Tusk and seek a summit of European leaders to discuss Greece’s bailout deal,...
Lenders ask Greece to prepare contingency package of extra reforms
International lenders asked Greece on Friday to prepare a package of additional savings measures which would be passed into law now, but implemented only if...
Cyprus tells a tale of the unexpected
By Andrew Shouler It was once said (and is regularly repeated) that a week is a long time in politics. As events both on the...
Euro zone asked to prepare for Greek debt relief talks in April (Update 2)
The chairman of euro zone finance ministers Jeroen Dijsselbloem asked them on Monday to prepare for Greek debt relief talks as soon as lenders verify...
Eurogroup seals completion of Cyprus’ adjustment programme (Update 4)
By Andria Kades and Gregoris Savva Cyprus was praised all round on Monday as it prepared to exit its three year economic adjustment programme which...
Eurogroup full of praise for Cyprus but some obligations remain
By Elias Hazou The Eurogroup on Thursday praised Cyprus for its progress in implementing its bailout programme, but noted that the country still had a...
Georgiades optimistic about economy, wants “full marks” from troika
By Stelios Orphanides Finance Minister Harris Georgiades said he is optimistic about the prospects of the economy and said Cyprus would not require a new...
Dijsselbloem says are open issues on Cyprus’ programme exit but he is optimistic
Eurogroup President Jeroen Dijsselbloem has said he is optimistic for Cyprus’ smooth exit from its three-year ten-billion-euro bailout programme at the end of March, even...