Tag: stathakis

Minister: Arbitration would be best to resolve pending issues related to Skouries investment
FINANCE
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FINANCE
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Minister: Arbitration would be best to resolve pending issues related to Skouries investment

Panos - Aug 04, 2017

Greece's relevant economy and environment minister on Thursday said recourse to arbitration would be the best solution to resolve all pending issues related to the Hellas Gold…

Legislation on bad loans is the result of negotiations, Economy Min Stathakis says
FINANCE
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FINANCE
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Legislation on bad loans is the result of negotiations, Economy Min Stathakis says

Panos - Sep 27, 2016

"The legislation on bad loans is the result of negotiations," Economy Minister Giorgos Stathakis said in statements to ANT1 TV on Tuesday (27/09/2016). "We discussed all possible…

Govt denies it relinquished right of borrowers to buyoff loan before distress funds sale
FINANCE
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FINANCE
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Govt denies it relinquished right of borrowers to buyoff loan before distress funds sale

Panos - Sep 26, 2016

The latest political furor that erupted in the country over the weekend involved the pressing issue of non-performing loans (NPLs), with the government rejecting sharp criticism that…

Stathakis: Bailout review to be completed by end of September
FINANCE
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FINANCE
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Stathakis: Bailout review to be completed by end of September

Panos - Sep 13, 2016

Economy Minister Giorgos Stathakis believes that a review of Greece’s international bailout will be completed by the end of September. In comments made on Skai TV on…

Tsakalotos-Stathakis-Skourletis in talks with the institutions
FINANCE
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FINANCE
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Tsakalotos-Stathakis-Skourletis in talks with the institutions

Panos - Sep 13, 2016

The talks between the government and the institutions, over the 15 prior actions remaining from the first bailout review – continue on Tuesday, starting with a meeting…

Stathakis: Only 15 out of 80 bln€ listed as tax arrears ‘collectible’
FINANCE
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FINANCE
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Stathakis: Only 15 out of 80 bln€ listed as tax arrears ‘collectible’

Panos - Jun 15, 2016

Only 15 billion euros out of a total of 80 billion listed as arrears by individuals and corporate entities are real and collectible, Economy Minister Giorgos Stathakis…

Stathakis planning the gradual lift of capital controls
FINANCE
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FINANCE
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Stathakis planning the gradual lift of capital controls

makis - May 17, 2016

The Minister of Economy Giorgos Stathakis revealed that a government plan is being developed for the gradual lift of the capital controls. Mr. Stathakis made the revelation…

Stathakis extols the flexibility of the budget correction mechanism
FINANCE
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FINANCE
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Stathakis extols the flexibility of the budget correction mechanism

Panos - May 11, 2016

The Minister of Economy Giorgos Stathakis argued that the recent Eurogroup agreement signals a positive turn for the economy and was confident on the return to growth.…

IMF says Greek debt ‘highly unsustainable,’ debt relief ‘essential’
FINANCE
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FINANCE
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IMF says Greek debt ‘highly unsustainable,’ debt relief ‘essential’

makis - Apr 12, 2016

The International Monetary Fund wants Greece’s European partners to grant Athens substantial relief on its debt which it sees remaining "highly unsustainable," according to a draft IMF…

Bailout program review negotiations put on “on hold”
FINANCE
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FINANCE
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Bailout program review negotiations put on “on hold”

Panos - Apr 12, 2016

The Minister of Finance Euclid Tsakalotos announced that the negotiations with the quartet will be put “on hold”, shortly after 2am, meaning that no agreement has yet…

Greek economic staff and institutions’ representatives to resume negotiations at 3 pm
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FINANCE
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Greek economic staff and institutions’ representatives to resume negotiations at 3 pm

Panos - Apr 11, 2016

"Progress has been made in order to have an agreement on bad loans, but the issue has not closed yet," Economy Minister George Stathakis said after the…

Talks continue between Athens, ‘Quartet’ with 2 texts now the target for this week
FINANCE
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FINANCE
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Talks continue between Athens, ‘Quartet’ with 2 texts now the target for this week

Panos - Apr 11, 2016

Two texts are in the works to try and smooth over differences between Athens and institutional creditors, as reported since last week, with European creditors and the…

Preparations for bailout agreement under way
FINANCE
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FINANCE
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Preparations for bailout agreement under way

Panos - Apr 07, 2016

Although bailout talks between Greece and its lenders continued Thursday night, with a number of issues still to be settled, officials have begun drafting the final agreement…

Stathakis: The Greek debt is only sustainable until 2022
FINANCE
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FINANCE
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Stathakis: The Greek debt is only sustainable until 2022

Panos - Apr 05, 2016

The Minister of Economy Giorgos Stathakis announced that the Greek public debt is only sustainable until 2022, after which point a new round of talks with the…

Stathakis: “€3.6bn worth of measures will be implemented immediately”
FINANCE
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FINANCE
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Stathakis: “€3.6bn worth of measures will be implemented immediately”

ilias1 - Apr 03, 2016

The Minister of Economy Giorgos Stathakis revealed that 3.6 billion euros worth of measures, from the 5.4 billions agreed with the institutions, will be implemented immediately. The…

Greek Economy Minister Stathakis says deal with lenders feasible
FINANCE
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FINANCE
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Greek Economy Minister Stathakis says deal with lenders feasible

makis - Apr 01, 2016

Greek Minister of economy George Stathakis expressed the view that a deal with the country’s creditor’s could be struck within the set deadline. The new round of…

Gov’t asks for bank transaction tax
FINANCE
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FINANCE
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Gov’t asks for bank transaction tax

makis - Mar 16, 2016

The Greek government presented to the representatives of the institutions its plan to impose a new tax for bank transactions of 1 per mille in order to…

Stathakis: “Some progress on red loans, but still a long way to go”
FINANCE
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FINANCE
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Stathakis: “Some progress on red loans, but still a long way to go”

Panos - Mar 16, 2016

The recent meetings between Greek government officials and the institutions on the new privatization “superfund” and the non-performing loans have resulted in some progress, claims a Ministry…

Tsakalotos and Stathakis meet with institutions on non-performing loans
FINANCE
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FINANCE
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Tsakalotos and Stathakis meet with institutions on non-performing loans

Panos - Mar 11, 2016

A meeting between the institutions and Economy Minister George Stathakis and Finance Minister Euclid Tsakalotos is currently underway. The meeting will focus on the non-performing loans. Meanwhile,…

EC summons Stathakis for explanation
GREECE
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GREECE
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EC summons Stathakis for explanation

Sokratis - Feb 27, 2016

Economy Minister Giorgos Stathakis has been asked to provide an explanation to Brussels regarding the recent amendment regarding the operation of the Competition Commission, one of Greece’s…