×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
31
May 2026
weather symbol
Athens 24°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

Lazard executive refers to ‘frantic’ Greek govt efforts to avoid bankruptcy

The French banker described the Greek government’s frantic efforts to avoid bankruptcy

Newsroom February 13 01:19

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The head of the Wall Street investment bank Lazard’s Paris branch revealed this week that he’s been in constant contact with new Greek Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis ever since the firm was hired to advise Athens on its — hoped for — debt restructuring.

In an interview to French magazine “Paris Match,” Matthieu Pigasse described the Greek government’s frantic efforts to avoid bankruptcy. The French banker said that when the three men are not talking on the phone, they are constantly exchanging SMS messages, sometimes even into the wee hours, with their primary goal being to avoid a worst-case scenario for Greece — i.e. the catastrophic development known as “Grexit”.

>Related articles

The 28 cultural figures who signed up to Tsipras’ ELAS

Deputy Environment Minister Nikos Tagaras died at the age of 70 after a battle with cancer

Kyriakos Mitsotakis on 9 years since his father’s death: “We miss him every day”

“We found Matthieu Pigasse all doped up with energy drinks, candy and Coca Cola. He just spent another weekend in Athens with a group of 15 people. Forty-eight hours of incessant work for the development of a Greek rescue plan,” the French magazine writes.

“Ever since the election triumph of SYRIZA on Jan. 25, the Lazard executive has been in constant contact with Greece’s now “celebrity” Finance Minister, Yanis Varoufakis.

“The Athens Stock Exchange is extremely volatile and the state coffers are empty. A race has begun. The two men stay awake until the wee hours, exchanging e-mails and SMS messages,” the article adds.

Ask me anything

Explore related questions

> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Dua Lipa marries Callum Turner in London

May 31, 2026

Traffic regulations on the Athens-Lamia highway

May 31, 2026

Two suspected cases of Ebola in Brazil, treated in isolation

May 31, 2026

Violent clashes in Albania: Citizens reacted to the creation of a resort in a protected coastal zone

May 31, 2026

Man threatens to fall from a rooftop in Mandra, holds a knife

May 31, 2026

Lebanese company advertises Cyprus ferry route without permits

May 31, 2026

Nitsiakos agrees investment deal with Europe’s largest poultry producer MHP

May 31, 2026

New subsidy scheme seeks to bring vacant homes back onto the market

May 31, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα