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Greece’s finance minister yesterday hinted he had a solution to the struggling country’s looming debt crisis and expected a deal with creditors to be struck within days. Yanis Varoufakis unveiled a radical plan to restructure Greece’s debt as he went for talks at Downing Street and the City. He has no plans to write any of [...]
The standoff between Greece and the Eurozone presents the greatest risk to the global economy, chancellor George Osborne has said. Osborne, who met Greek finance minister Yanis Varoufakis in London today, said both sides needed to consider how they worked in future, or risk derailing growth, both globally and specifically within the UK. Varoufakis [...]
The anti-austerity Greek finance minister is to meet with chancellor George Osborne today as part of a Europe-wide charm offensive to win over creditors and fellow politicians. Investment bank Lazard has been hired by the Greek government to advise on its debt burden during negotiations. Greek officials will also be in the City this week, [...]
Former British MP Stuart Holland, who calls newly elected Greek finance minister Yanis Varoufakis a close friend of over a decade having worked with him on a number of academic economics papers, last night said he felt more confident than ever in Greece’s economy. “He is brilliant, and he’s very well informed because we’ve been [...]
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