Greece

Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018, Finance Minister Euclid Tsakalotos said on Friday after a meeting of euro zone ministers in...

The Eurogroup has decided to give Greece a 10 million euro precautionary credit line for next year, but only if Athens agrees with the troika over the last tranche before December 8, according to a Frankfurter Allgemeine Zeitung report. The...

The Finance Ministers participating at the Eurogroup met yesterday in Brussels and discussed the current economic situation prevailing in the Eurozone. They also discussed the scenarios of Greece exiting its bailout program. The Eurogroup finance ministers discussed the follow-up to...

Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits its European Union / International Monetary Fund (IMF) bailout program, Bank of Greece (BoG) Governor Yannis...

There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece Governor Yiannis Stournaras on Wednesday. Speaking at an event organized by Greek graduates of the London...

Bank of Greece governor Yiannis Stournaras on Saturday stressed the need for a precautionary credit line after the end of the European Stability Mechanism (ESM) bailout program on August 20. Stournaras spoke at the World Economic Forum in Delphi, saying...

Greece's central banker said on Monday he supports establishing a precautionary credit line for the country after it exits its third adjustment program in the summer. Speaking at an event organized by the Hellenic-Spanish Chamber of Commerce on the future...

The Eurogroup on December 8 will discuss conditions under which Greece will get a credit line when the current program expires, German Finance Minster Wolfgang Schaeuble said on Sunday. The Greek coalition government wants to exit the bailout program by...

The second round of talks between Greece and the troika is likely to be tougher than expected after managing director of the International Monetary Fund Christine Lagarde indicated on Thursday that Greece should maintain a lifeline with the Fund...

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

European Commissioner Pierre Moscovici has said a final agreement covering Greece's post-programme period, surveillance and debt relief will be reached at the June 21 Eurogroup meeting. In an interview with the newspaper Kathimerini on Tuesday, Moscovici said: "I am certain...

Greece's PM Alexis Tsipras reiterated Monday that the country will make a "clean exit" from the bailout era and the strict supervision of its creditors by August. Speaking at SYRIZA's parliamentary group he underlined that the exit from the bailouts...

Greek debt relief is still in discussion between the European Union and the IMF, but Greece's creditors are not considering an extension of the bailout program. The talks are taking place during the IMF and World Bank Spring Meetings in...

A senior EU official has cast doubt on Greece's plans for a clear exit from its era of bailouts after August. In an interview with Greek daily Ta Nea, the President of the Eurogroup Working Group (EWG) Hans Vijlbrief said...

In an interview with the Athens News Agency, Austrian economist and outgoing chief of the Eurogroup Working Group (EWG) Thomas Wieser blames Greek politicians for the 2008 financial crisis in the country and says he supports Greek debt relief. Asked whether...