Politics

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Photo by EU Council Eurozone https://flic.kr/p/sspzHv 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.

Photo via Flickr https://flic.kr/p/faksxt Athens keeps options open on gas pipelines despite nudge from Washington

The Greek government’s multi-pronged approach to energy issues has been in focus over the past few days after the US State Department sent Special Envoy and Coordinator for International Energy Affairs Amos Hochstein to Athens on Friday to convince Athens that it should concentrate its efforts on the Trans Adriatic Pipeline (TAP) and not on extending the planned Turkish Stream pipeline through Greece.

Photo by ECB via Flickr https://flic.kr/p/qhZVDy 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.

Results 1411 to 1420 out of 1720.