Greece
Economy
Bloomberg Report: IMF Not Convinced Greece Can Keep Up 3.5% Surplus
The IMF is doubtful that Greece can sustain the primary surplus it achieved in 2016, nor is it convinced that the country can keep up a figure that is seven times higher than its bailout target, as reported by...
Economy
Greece Gets Debt Relief and Cash Payout as Bailout Saga Ends
Eurozone ministers agreed debt relief and a big cash payout for Greece in the early hours of Friday paving the way for its program exit in two months’ time.
“After eight long years Greece will finally be graduating from its...
Economy
Varoufakis: 'I Was Right About the Debt, and You Know it!'
Former Finance Minister Yanis Varoufakis replied to an article published in Kathimerini through his blog.
Here is his reply:
In a recent article entitled “Varoufakis and the 2015 debt talks – behind closed doors,” published on the English language site of...
Greece
Greece Gets a Deal: Full Eurogroup Statement
The Greek government managed to get a deal with its creditors at Thursday's Eurogroup and unlock the next vital cash tranche of its bailout program.
Greece’s international creditors agreed to approve the disbursement of 8.5 billion euros and to detail...
Greece
The Parallel Reality of Greek State Television
If an outsider watched the news on Greek public television, they would think that Greece is already a country on the way to economic recovery and growth, governed by politicians with integrity, honesty and such love for the Greek...
Economy
IMF Still at Odds With Germany, Insists Greek Program Is Not Sustainable, Sources Say
Greece's debt will be discussed in an International Monetary Fund (IMF) executive committee meeting on February 6, reliable sources reported on Thursday, noting that the fund's political disagreement with Germany continues.
The debt sustainability report to be presented at the...
Economy
Eurogroup: Greek Review Not Finalized, Short-Term Debt Relief Measures Decided
The meeting of euro zone finance ministers was concluded on Monday night without reaching an agreement on Greece's bailout program review; short term debt relief measures were decided. However, there was no decision yet on the participation of the...
Economy
Tax Avalanche Will Bring Recession in Greece in 2017
The new taxes that will pile up on Greek households will bring a new recession, despite the government's optimistic forecast of 2.7% growth, says the Parliamentary Budget Office (GPV).
The GPV economists' report warns the government that its forecasts for...
Economy
European Commission's Alleged Compromising Proposal for Greece Agreement
European Commission President Jean-Claude Juncker attempted to provide a solution for an agreement between Greece and its international creditors, Greek Daily to Vima reported.
According to the report Juncker submitted the alleged proposal to Greece and all other parties involved on...