Greece
Economy
Eurogroup to Declare End of Bailout Review, but No Cash Tranche Yet
The Greek government has invested heavily in a smooth conclusion of the third bailout review and Monday's Eurogroup meeting is expected to confirm that, but it is also expected to hold off on the 6 to 7 billion euro...
Economy
Greece has to Implement 82 Prerequisites for Successful Bailout Review
Greece has to implement 82 "difficult" prerequisites in order to successfully complete the third and fourth review of the bailout program, a Kathimerini newspaper report says.
The Supplemental Memorandum of Understanding, and the technical memorandum accompanying it, has specified in...
Economy
Greece Reaches Deal with Creditors on Reforms under Bailout Review
Greece and its international creditors agreed on a set of economic reforms the country must undertake in exchange for fresh loans.
The agreement on a range of often politically sensitive measures - covering fiscal issues, energy and labor market reforms,...
Economy
Mixed Results After First Round of Bailout Review Talks with Creditors
The first round of talks between Greece and creditors on the third evaluation of the bailout program will be completed today (Friday) with some issues resolved, and more difficult ones to remain pending.
Characteristically, the issues of out of court...
Economy
Governor of Bank of Greece Calls for Swift Conclusion of Bailout Review
The Greek government and foreign lenders must intensify efforts to swiftly conclude a review of the country's compliance with fiscal targets and reforms under its current bailout, governor of Greece's central bank Yiannis Stournaras said.
Inspectors from the country's creditors,...
Economy
ECB Official: Putting Off Reforms Could Complicate Bailout Review
The Greek government should not put off agreed bailout reforms or it could “complicate” an upcoming bailout review by its foreign creditors, a European Central Bank official said.
The third bailout review is expected to begin in October with bad...
Economy
IOBE Survey Shows Slight Increase in Economic Sentiment Following Second Bailout Review
According to the monthly survey by the Foundation for Economic and Industrial Research (IOBE), following the second bailout review there has been a slower than expected increase in business and consumers' economic sentiment.
The IOBE report, which was released on...
Economy
Institutions in Athens on Monday to Conclude Bailout Review and Discuss Debt
International institutions are due back in Athens on Monday to further discuss the bailout review and debt relief for Greece.
Recently at their Spring Meetings in Washington, the International Monetary Fund (IMF) further discussed the issue of debt relief, but...
Economy
German FinMin Backs Down on Greece's Bailout Review Stalemate
German Finance Minister Wolfgang Schaeuble is to back down on today's (Friday) meeting of euro zone finance ministers in order to unlock the bailout review negotiations between Greece and creditors, according to a Euro2day.gr report.
"The position of German Finance...
Economy
State Debt Mounting as Bailout Review Is Delayed
There is no end in sight for the mounting dues the state owes to both the market and taxpayers causing congestion in the market and for businesses in Greece.
With a total of some 5.05 billion euros owed to both the market...
Economy
Greece-Creditors Still Fail to Close Gap in Bailout Review Negotiations
Greece and international creditors continue to disagree on several issues of the bailout program as Sunday's talks failed to bridge the gap between the two sides.
Lenders, and the International Monetary Fund in particular, insist on the need of reforms...
Economy
Germany Makes Concessions to Close Greek Bailout Review, Spiegel says
Germany is abandoning its hard stance and makes new concessions in negotiations so that Greece's bailout program review is completed, Spiegel magazine says.
The report published in the electronic edition of the German magazine says that, "There is mobility in...
Economy
Polls Show Greeks Are Ready to See a Conclusion to The Bailout Review
Two surveys that were held following the Eurogroup's meeting in Brussels on Monday show that most Greeks are more than ready to see the conclusion of the bailout review and no longer see a Grexit as an eminent event.
The...
Greece
Tsipras-Mitsotakis Cross Swords in Greek Parliament Over Crime, Bailout Review, Drachma
New Democracy chief Kyriakos Mitsotakis and Alexis Tsipras exchanged accusations over crime, bailout program and Grexit in Greek Parliament on Friday during the "Hour of the prime minister" session.
The opposition leader talked about a rise in crime rates and...
Economy
Greek Bailout Review Completion Unlikely on December 5 Eurogroup
The chances that Greece and creditors will agree on the second bailout program review before the December 5 Eurogroup are slim, a Kathimerini report says.
The report cites a European official close to the negotiations who said that the review...