Greek withdrawal from the eurozone
Negotiators to return to Greece
Technical experts will return to Athens to continue negotiations to conclude the country's second review of its third bailout after the government agreed to implement additional measures that will apply from 2019 onward.
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Schaeuble: 'I never made any (Grexit) threats'
German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.
Schaeuble said in an ARD television interview that Greece would not have problems if it implemented agreed reforms, but would if it fails to carry these out.
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Yields on Greek 2-year bond drop
Greek two-year bond yields dropped more than 50 basis points to 9.37 percent on Monday after a Greek government official said the country had agreed with eurozone finance ministers to resume negotiations over its bailout review.
The official said technocrats representing the lenders would return to Athens immediately after February 27.
[Reuters]
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Greece, eurozone gov'ts agree to resume bailout talks
Eurozone finance ministers and Greece agreed on Monday to resume negotiations over its bailout review next week, and to be concluded swiftly afterwards, a Greek government official said.
"The agreement includes the inviolable condition that was set by the Greek side for not even one euro more of austerity," the government official said.
Schulz: Prattle on Grexit is dangerous
Hours before the EuroGroup meeting in Brussels, the leader of the German SPD party and former European Parliament Martin Schulz said anyone who turned Europe and Germany against each other were committing a sin against the future of the country. “It is not a wise thing to reiterate the discussion about Greece’s exit from the eurozone.
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Schaeuble denies 'Grexit' threat, says Greece on right path
German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.
Schaeuble said in an ARD television interview that Greece would not have problems if it implemented agreed reforms, but would if it fails to carry these out.
The new normal
We are growing accustomed to what can only be described irrational normality - and this is a very dangerous trend.
The real economy is, again, near breaking point and speculation about a Greek exit from the euro area, or Grexit, is back in the international headlines. Such an economic environment is extremely hostile to private enterprise.
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A very special case
"Greece is a special case. Nowhere the extent of the problems was as large as in Greece, and the administration as weak," Klaus Regling, the head of the eurozone bailout fund said in Munich on Thursday. German Chancellor Angela Merkel has been saying the same for years. "We have said time and again that Greece is a special case," she commented in early 2012.
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“Economist Intelligence Unit”: 60% possibility of a Grexit in the next 5 years
Dijsselbloem says IMF departure from Greek program would signal default
The President of the EuroGroup, Jeroen Dijsselbloem expressed the view that Greece would default if the IMF left the bailout program. During a speech before the Dutch parliament Mr. Dijsselbloem warned that those who claimed Greece would be better off leaving the commonc currency area had no idea what they were talking about. According to Dutch newspaper Financieele, Mr.