Euclid Tsakalotos

The EU Summit started at approximately 16.00 (Athens time) in Brussels.

Greek Prime Minister Alexis Tsipras, accompanied by the two new Alternate Foreign Ministers, Nikos Chountis and Euclid Tsakalotos, has his work cut out for him as he will try to persuade the European leaders to agree to a political solution for Greece.

Negotiations with Greece's international creditors are drawing to a standstill, with the Greek government rushing to give assurances that there is no immediate danger to Greek finances. Nonetheless, Greek Deputy Prime Minister Giannis Dragasakis told private Alpha TV that if a solution isn't found to Greece's problems soon then there will be problems to liquidity.

Liquidity and the 2-billion euro “black hole” in the primary surplus were tabled in the meeting between Alexis Tsipras and Yanis Varoufakis in Maximos Mansion.

“There is absolutely no problem with liquidity” stated the PM right after his meeting with the FinMin, Euclid Tsakalotos and Gabriel Sakellarides.

related posts

By Elena Becatoros

There's been a definite clash between European Union officials and the new Greek government during its first week and a half in power - not so much over bailout loans and repayment schedules but over dress style.

Not for the Greeks the traditional suit-and-tie attire of European politics.

"Unrealistic to expect Greece to repay debt"

ATHENS -- It is "unrealistic to expect Greece to repay its huge debt in full," Euclid Tsakalotos, the chief economics spokesman for Syriza has told the BBC.