Eurogroup - updates

Rappler's latest stories on Eurogroup


Transparency International slams 'mysterious' Eurogroup

Feb 05, 2019 - 7:06 PM

'For an institution whose decisions have had an impact on the lives of millions of Europeans, there is much about the Eurogroup that is mysterious,' Transparency International says in its report

Eurozone approves Greek bailout in return for far-reaching reforms

Aug 15, 2015 - 9:58 AM

New loans of up to 86 billion euros 96 billion will be made available over the next 3 years to Greece says the European Commission

APPROVED. President of Eurogroup and Dutch Finance Minister Jeroen Dijsselbloem leaves after a special Eurogroup Finance ministers meeting on the Greek crisis. Eurozone finance ministers on August 14 approved Greece's third bailout package in five years moving within reach of a deal that will commit the near-bankrupt country to wide-reaching reforms in return for urgently needed funds. Photo by Julien Warnand/EPA

Eurogroup must decide Greek debt deal today – France

Aug 14, 2015 - 9:51 PM

The International Monetary Fund believes Greece must get some debt relief if the government is ever to have hope of getting the economy back on its feet

Greece faces D-Day after bailout talks halted

Jul 12, 2015 - 8:05 AM

UPDATED Skeptical nations demand more commitments from Athens amid claims Berlin had drawn up an internal paper for Greece to leave the eurozone for 5 years while Finland reportedly decides not to accept any new rescue plan for debt laden Greece

EUROZONE CRISIS. An European Union and Greek flags fly in central Athens on July 4, 2015. Louisa Gouliamaki/AFP

Defiant PM rejects Grexit fears as he rallies 'No' vote

Jul 04, 2015 - 10:29 AM

Greece s Prime Minister Alexis Tsipras tells the crowd of 25 000 cheering supporters: We are not simply deciding to remain in Europe – we are deciding to live with dignity in Europe

YES OR NO? Greek Prime Minister Alexis Tsipras addresses supporters of a 'NO' voting in the Prime Minister's referendum on bailout terms to be held on July 5, at Syntagma Square in Athens, Greece, July 3, 2015. Photo by Yannis Behrakis/POOL/EPA

Greek PM urges 'No' vote to strengthen his hand

Jul 02, 2015 - 8:18 AM

UPDATED Finance Minister Yanis Varoufakis says the government may very well resign if the people vote Yes

REFERENDUM. A handout picture released by the Greek Prime Minister's press office on July 1, 2015 of Greek Prime Minister Alexis Tsipras addressing the nation about the referendum on July 5, 2015, during a speech broadcasted from his office in Athens, Greece. File photo by Andrea Bonetti/Prime Minister Of Greece Press Office/Handout/EPA

EU leaders urge Greeks to vote 'yes' to stay in euro as default nears

Jun 30, 2015 - 8:43 AM

A No would mean regardless of the question posed that Greece had said no to Europe says EU chief Jean Claude Juncker

GREXIT. EU Commission chief Jean-Claude Juncker reacts on the lack of progress in talks on Greece's bailout. Photo from Olivier Hoslet/EPA

Greece referendum kills bailout deal hopes –EU

Jun 27, 2015 - 10:26 PM

That is a sad decision for Greece because it has closed the door for further talks where the door was still open in my mind says Eurogroup leader Jeroen Dijsselbloem

REFERENDUM. A general view shows a TV screen displaying Greek Prime Minister Alexis Tsipras announcing a July 5 referendum, wherein voters will decide whether their government should accept an economic reform package put forth by Greece's creditors. Photo by Simela Pantzartzi/EPA

Greek PM calls referendum on bailout for July 5

Jun 27, 2015 - 9:54 AM

Greece rejects its international creditors offer of a 5 month 12 billion euro extension of its bailout program on Friday June 26 arguing it is unacceptable

REFERENDUM. A general view shows a TV screen displaying Greek Prime Minister Alexis Tsipras announcing a bailout referendum on the Greek debt deal to take place on July 5, 2015. Greek voters will decide in a referendum whether their government should accept an economic reform package put forth by Greece's creditors. Photo by Simela Pantzartzi/EPA

Eurozone looks at 'worst case' Greek default scenario

Jun 13, 2015 - 8:33 AM

The 5 month standoff over the refusal by Greece to agree on reforms demanded by its creditors is set to reach a climax at a meeting of finance ministers in Luxembourg on June 18

WORST CASE SCENARIO. View of the Acropolis hill on a cloudy day, in Athens, Greece, February 23, 2015. Fears had been rife that without a European bailout extension, Greece would run out of money and be forced to leave the eurozone. Photo by Orestis Panagiotou/EPA

No new bailout needed if Greek debt restructured – minister

May 02, 2015 - 9:54 PM

However analysts believe that even if it manages to secure the last tranche of aid Greece may have to obtain a new rescue package to stay afloat

AFP file photo

Greece must 'stop wasting time' in bailout talks: Eurogroup chief

Mar 09, 2015 - 11:14 PM

We shouldn t waste so much time The extension is only for four months and the clock is ticking says Eurogroup chief Jeroen Dijsselbloem

EU CENTRAL BANK. The ECB on says it is prepared give leeway on financing Greece when the government reaches a debt deal with its eurozone partners. Photo by Daniel Roland/AFP

Euro nations 'worried' by emerging markets

Jan 28, 2014 - 10:05 AM

The worries over markets such as Argentina Turkey and Russia come as the eurozone is emerging from the worst of its debt crisis

WORRIED? The building of the European Central Bank (ECB) is reflected in the Euro sign logo in Frankfurt am Main, Germany, 2 March 2012. Mauritz Antin/EPA