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  • Doorstep Statement Of The Greek Finance Minister Euclid Tsakalotos After The Eurogroup Meeting

    Date 15/08/2015

    After six months of very difficult negotiations with lots of ups and downs, we finally have an agreement. This agreement is one that many people have worked very hard for. I would like to thank from the bottom of my heart the people in Greece and the technical teams, the advisors that have worked for this deal, and also the institutions. Many Europeans have worked for this deal, whether representing their country or within the institutions themselves.

  • Remarks By J. Dijsselbloem Following The Eurogroup Meeting Of 14 August 2015

    Date 15/08/2015

    Good evening and welcome to this press conference. We have just finished the Eurogroup meeting and we've come to a positive conclusion on the proposals by the institutions. All the intense work of the last week has paid off and let me here also extend my thanks to the teams of the institutions and the team of the Greek government that had worked so hard these last months to reach an agreement. We also have reached agreement at the political level in the Eurogroup. We had a very constructive and good atmosphere. Of course there were differences, but we have managed to solve the last issues. We have issued a statement outlining the details of our agreement. I will therefore mention only the main elements. 

  • European Commission: Vice-President Dombrovskis' Opening Remarks At The Eurogroup Press Conference - New Three-Year ESM Programme For Greece

    Date 15/08/2015

    On behalf of the European Commission, I would like to welcome today's Eurogroup agreement on a new three-year ESM programme for Greece.

  • European Commission Welcomes Eurogroup Agreement On A Three-Year ESM Stability Support Programme For Greece

    Date 15/08/2015

    New loans of up to 86 bn EUR will be made available over the next three years to Greece by the European Stability Mechanism (ESM) - Europe's firewall established in 2012 in response to the global financial crisis. Following weeks of intense negotiations in Athens and Brussels, this is the result of the agreement given today by the Ministers of Finance of the Eurozone to corresponding proposals submitted by the European Commission yesterday.

  • Statement By IMF Managing Director Christine Lagarde On Greece

    Date 14/08/2015

    Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today:

    “The policy package specified in the Memorandum of Understanding (MoU) recently agreed between the Greek authorities and European institutions, with input from Fund staff, is a very important step forward. It not only reverses much of the policy backtracking that caused the previous program to run seriously off track, but puts in place wide-ranging policies to restore fiscal sustainability, financial sector stability, and a return to sustainable growth. I particularly welcome the authorities’ efforts to overcome the serious loss of confidence in recent months through strong upfront actions. Most of these actions have been fully specified in the MoU, and key measures including in the fiscal structural areas will be implemented as prior actions for the disbursement of the first European Stability Mechanism (ESM) tranche."

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