Gabriel Sakellaridis

Varoufakis to Take Part in Meeting of Eurozone Finance Ministers

Greek Finance Minister Yanis Varoufakis has received the support of PM Alexis Tsipras to participate in the upcoming meeting of the finance ministers in the Eurozone.

The statement was made by Government Spokesperson Gabriel Sakellaridis, as reported by Katimerini daily newspaper. He announced that the Finance Minister has always had the full support of PM Tsipras.

Varoufakis will represent Greece at Eurogroup, has gov't backing

Greek Finance Minister Yanis Varoufakis enjoys the support of the prime minister and will take part in the next meeting of euro zone finance ministers, government spokesman Gabriel Sakellaridis told reporters on Monday.

"The head of the negotiating team is Mr. Varoufakis, who has the full confidence of the government,» Sakellaridis said.

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Talks between cash-strapped Athens and its institutional lenders ended on Sunday – as previously scheduled – without a final deal achieved, winding up a marathon round of negotiations that began on Thursday within the so-called “Brussels Group” framework.

Varoufakis’ “demotion” still keeps him as a key player, but not the only one…

Greece reshuffled its bailout-negotiation team in a political move aimed at easing negotiations with EU partners. Finance Minister Yanis Varoufakis was reined in after three months of talks with Greece’s creditors failed to unlock aid and resulted in acrimony at Friday’s Eurogroup meeting.

ND, PASOK say coalition signed up to tough terms

Former Prime Minister Antonis Samaras on Thursday ratcheted up the rhetoric of the main opposition New Democracy party, which he still leads, in a scathing statement which accused the SYRIZA-led coalition of misleading voters over the agreement signed at the February 20 Eurogroup, which, he insisted, is an extension of the memorandum followed by the previous government.

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