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Greece and troika spar over Athens’ finance gap
Greece interrupted its ongoing negotiations with the troika of lenders on Thursday to hold talks…
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Greece interrupted its ongoing negotiations with the troika of lenders on Thursday to hold talks with its eurozone counterparts amid a row over its 2014 budget projections.
Officials in Athens were quoted by AFP as saying talks to unlock a one billion euro installment of aid may last until Christmas.
Its international creditors estimate next year’s budget gap will be from 2.0 to 2.5 billion euros.
Athens says it will be just over 500 million euros.
Greek Finance Minister Yannis Stournaras told reporters in Brussels that “nobody can deny the progress that Greece has achieved so far”.
Greece has rejected new tax hikes and further wage or pension cuts, our correspondent in Brussels says.
“A big problem for the negotiations between Greece and the troika is the way of financing the fiscal gap of 2014,” reports Euronews’ Efi Koutsokosta.
“Athens points to its primary surplus, saying it cannot afford any other measures.”
But there was good news for Dublin.
Ireland will exit its bailout program without a precautionary credit line, Irish Prime Minister Enda Kenny said on Thursday.
German Finance Minister Wolfgang Schäuble said the move proved that “our policy of stabilising and defence of the single currency was successful and correct”.
He added that Spain will exit its bank support programme “by the end of the year.”
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Another Europe News
France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade
France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade
With nearly 6,700 troops, 98 aircraft, 31 helicopters and 315 vehicles, a record number of military personnel were marching the traditional route between the Arc de Triomphe and the Place de la Concorde.
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As the heat returns to Europe, social media accounts online are spreading misinformation on the cause of the recent temperatures. With some blaming the US for the heat in Europe. Available evidence does not support the claim.
#TheCube has the story.
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Can common debt fix Europe’s growth problem? MEPs debate in The Ring
In this week’s episode of The Ring, EU lawmakers Markus Ferber and Pasquale Tridico clash over whether common debt is the answer to Europe’s stagnant economy and weakened competitiveness.
READ MORE : http://www.euronews.com/2026/07/15/can-common-debt-fix-europes-growth-problem-meps-debate-in-the-ring
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Fact check: FIFA boss Infantino probe called for by MEPs, not whole parliament
Viral posts falsely claim that the European Parliament called for an investigation into FIFA’s President Gianni Infantino.
READ MORE : http://www.euronews.com/2026/07/14/fact-check-european-parliament-did-not-call-for-fifa-probe
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Latest news bulletin | July 14th, 2026 – Evening
Catch up with the most important stories from around Europe and beyond this July 14th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2026/07/14/latest-news-bulletin-july-14th-2026-evening
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France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade
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@abarzilai0334
April 25, 2024 at 6:39 am
How about instead of tax raises the troika goes for tax cuts for Greece