Tag Archives: Eurogroup

Can Greece Avoid Expulsion from Eurozone?

What decision would Greece be challenging? It would be a decision adopted by the EU institutions and the Eurogroup finance ministers to force a Greek exit of the eurozone due to its default on fulfilling the obligations attached to its participation in the monetary union and the conditions attached to Greece’s bailout program.

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Greece Looks to Avoid a Third Bailout

Greece is raising the prospect of debt relief with international lenders as Prime Minister Antonis Samaras announced a primary surplus of 1.5 billion euros as proof the country’s battered economy will begin to rebound this year.   Samaras said, however, he is keen to avoid a third bailout that may contain additional austerity measures, which he has repeatedly rejected, and …

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