Greek Gov’t Talks of New State Railway after Sale of Trainose

KikThe Greek government is talking about the establishment of a new state-owned railway system only days after the sale of Trainose to Italian state-run...

Greece Appoints Former Business Leaders to Run Privatization Fund

The Greek government on Friday announced the names of two former business leaders to head the new privatization fund, as required by the country's...

Greece May Extend “Spending Cutter” through 2019

Greece may extend the fiscal contingency mechanism until 2019 in order to restart negotiations with creditors over the bailout program review, Prime Minister Alexis...

S&P Affirms Greece’s ‘B-/B’ Ratings, Says Outlook Remains Stable

Standard & Poor’s affirmed on Friday Greece’s ‘B-/B’ ratings in its scheduled rating review. The outlook remains “stable”, reflecting its view that the risks...

Lagarde Assures Schaeuble: The IMF Plans to Stay Involved in Greece’s Bailout Program

During the World Economic Forum in Davos this week, Christine Lagarde, the managing director of the International Monetary Fund (IMF), reportedly told German Finance...

Greece at the Bottom of Inclusive Development Index Ranking

Greece has ranked last among developed economies, according to the Inclusive Development Index (IDI) compiled by the World Economic Forum (WEF)  and published on...

German FinMin Is Against Greece’s Bailout Without the IMF

German Finance Minister Wolfgang Schaeuble on Thursday reiterated his position that Germany would not support a new bailout program for Greece without the participation...

It Will Take 21 Years Until Unemployment in Greece Returns to Normal, IMF Official...

  Director of the European Department of the International Monetary Fund Poul Thomsen estimates that it will take 21 years until unemployment in Greece reaches...

Schaeuble Not Compromising Debt Relief for Greece, Preparing to Go Ahead Without IMF

Following the continuing position of the International Monetary Fund (IMF) saying that it will only consider being involved in the last bailout for Greece...

Tsipras-Mattarella Meet to Discuss Common Challenges in Economy and Migration

Greece and Italy are united by the common challenges they face in economy and migration, Prime Minister Alexis Tsipras told Italian President Sergio Mattarella...

Greek Budget Records Primary Surplus of 4.392 Bln Euros in 2016

Greek state budget recorded a primary surplus of 4.392 billion euros in 2016, surpassing a primary surplus of 2.270 billion in 2015 and a...

Greece Willing to Agree on Contingency Fiscal Measures to Complete Bailout Program Review

Government Spokesperson Dimitris Tzanakopoulos on Tuesday said that Greece is willing to agree on contingency fiscal measures beyond 2018 in order to close the...

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