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Greece

Greece, Fellow Mediterranean Nations Sign New Migration Memorandum

The leaders of four Mediterranean nations who are the most affected by illegal immigration  sent a joint memorandum regarding the European Union's new migration rulebook to the EU on Wednesday. The nations of Greece, Italy, Spain and Malta together signed...

PM Mitsotakis Announces FIFA-UEFA Memorandum for Greek Football

Speaking before the Greek Parliament on Thursday evening, PM Kyriakos Mitsotakis announced that his administration will seek an agreement with the international and European governing bodies of football to address issues with the country's troubled Superleague. Greece aims to draft...

EU Commission Reminds Gov't the Hellenikon Investment is a Memorandum Precondition

The European Commission is not yet fully briefed about the recent Archaeological Council decision concerning the Hellenikon investment status, but reminds the government that the project is an MOU agreed-upon precondition. The Commission will examine the decision reached by Greece's...

What the Greek Government Agreed on With Lenders – The Complete Texts of the New Memorandum

The new dramatic cuts in pensions, new tax increases, additional measures to close the 535 million euro gap in 2018, and all other government commitments are outlined in text that has been published by the Commission on its website. Interestingly,...

Fourth Memorandum Brings Heavy Burdens to All Greeks, ND Leader Mitsotakis Says

New Democracy (ND) leader Kyriakos Mitsotakis was visiting the island of Aegina on Saturday when he commented on the fourth memorandum. Two days ago the fourth memorandum was voted by SYRIZA and Independent Greeks' deputies. A fourth memorandum which,...

Greek Gov't Ready to Sign Fourth Memorandum with Creditors

Greece and international creditors are about to sign the fourth bailout agreement, in the form of four separate memoranda of understanding, with the required bills to be tabled for a vote in the House within two weeks. According to Proto...

Greek Government Rushes to Close Evaluation, Sign Fourth Memorandum

A draft of the fourth Memorandum of Understanding between Greece and international creditors which includes unpopular austerity measures is at the Ministry of Finance. The new agreement that Athens has to sign in order to close the second evaluation of...

ND Vice President Hatzidakis: The Fourth Memorandum Arrives

Not only is the second review not concluded but on the contrary the 4th memorandum arrives, said main opposition New Democracy vice president Costis Hatzidakis speaking to Athens Macedonian News Agency on Saturday. A heavy, as he called it, memorandum...

There Will be No Fourth Memorandum, German FinMin Schaeuble Reassures

There will be no fourth memorandum, German Finance Minister Wolfgang Schaeuble on Tuesday said in statements to Deutsche Welle TV. The aim of the current programme, he said, is Greece to tap the markets and meet its financing needs. On...

Parliamentary Budget Report: More Delays Could Cost Greece 4th Memorandum

The latest report from the parliament’s budget office is not favorable for the Greek government and its negotiating tactics. The report warns that any further delays in the completion of the second review would lead to a fourth memorandum,...

Second Review May Lead to Fourth Memorandum, ND Spokesman Kikilias Says

"On Wednesday's debate in parliament it was proven that the government does not have a plan for the country's exit from the crisis" noted main opposition New Democracy (ND) spokesman Vassilis Kikilias on Thursday. "Kyriakos Mitsotakis (ND leader) represents...

IMF's Withdrawal from Greek Programme Does Not Mean New Memorandum, Say Gov't Sources

A possible IMF withdrawal from the Greek programme does not mean a new memorandum, government sources said on Friday, noting that an agreement exists and maybe this agreement needs to pass from the German parliament. According to the same sources,...

Greece-FYROM Sign Memorandum of Understanding on Natural Gas Systems

Greece signed a memorandum of understanding with the Former Yugoslav Republic of Macedonia (FYROM) on Monday to examine the prospect of interconnecting their natural gas systems. The MoU was signed in Skopje between DESFA (Hellenic Gas Transmission System Operator)...

Greek President Pavlopoulos: 'The Country Still Suffering from Mistakes of the First Memorandum'

President of Hellenic Republic Prokopis Pavlopoulos noted that there is need for corrections to the Greek program commenting on IMF's report at a meeting on Friday with the Board of the World Hellenic Inter - Parliamentary Association. "The country is...

Government Rejects ND Proposal for Inquiry Into 3rd Memorandum

The proposal to set up a Parliamentary Examination Committee to probe into the events that led to Greece signing the third bailout agreement (memorandum) with creditors failed to collect the 120 votes for the inquiry to begin. The proposal...