First Economic Adjustment Programme for Greece

Economy Minister says negotiations to be concluded by start of next week

Economy Minister George Stathakis told private ANT1 TV that he was certain that Greece's negotiation with EU partners would end by the beginning of next week. He said that the reforms package that Greece is creating would be submitted and approved, leading the way for funds to be unlocked, thus ending Greece's liquidity problem.

Greek PM meets EU leaders for some 'give and take' (read statement)

EU leaders of Germany, France and the EU institutions met with Greek Prime Minister Alexis Tsipras on the sidelines of the EU Council at his request. Though Greece and its negotiation with international creditors was not on the summit's formal agenda, Greece's economic woes were ominous.

Gov't pledges to increase price of electricity by 15 pct

WASHINGTON- Under its latest arrangement with the International Monetary Fund (IMF), the Serbian government has pledged to support Elektroprivreda Srbije (EPS) in preparing a financial restructuring plan which, in combination with an excise tax, would result in a 15 percent total increase in the price of electricity for end consumers as of April 1, 2015.

Germany's Schaeuble says aid to Greece only after agreement with lenders

German Finance Minister Wolfgang Schaeuble said on Tuesday no aid would be handed to Greece until international lenders had agreed that it had delivered on its reform commitments.

"Greece must talk to the institutions to ensure that the Memorandum of Understanding is fulfilled," Schaeuble told reporters in Brussels after a meeting of European finance ministers.

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