Tzanakopoulos: Agreement on June 15 That Will Satisfy All Sides Involved

"On June 15 there will be an agreement which will satisfy all the involved sides and there is not a single chance to get...

Greek PM Changes Course, Ready to Back Down on Debt Relief Issue

Greek Prime Minister Alexis Tsipras appeared to change his narrative regarding debt relief and seems ready to accept the creditors' position that the debt...

Greek Public Revenue Authority Reinforces Staff in Tourist Areas

Greece's Independent Public Revenue Authority (AADE) has announced it is reinforcing tax inspector staff in tourist areas for the summer season to step up...

IMF-Germany Closer to Agreement on Greek Debt Issue

The International Monetary Fund and German Finance Minister Wolfgang Schaeuble are close to an agreement on the Greek debt relief issue under conditions, says...

‘Schaeuble Continues to Be a Problem for Europe’ S&D Group Head Pittella Says

Responding to the disappointing Eurogroup outcome on Greece, the Socialists and Democrats Group in the European Parliament on Tuesday directed stinging criticism at German...

Hydrocarbon Exploration; Energy Giants to Bid for Greek Maritime Area

Multinational energy giants ExxonMobil and Total, in cooperation with Hellenic Petroleum (ELPE), will bid for 20,000 square kilometers of sea stretching from south of...

EU Commission: We Call on All Sides to Honor Greece’s Efforts

The European Commission is aware that Greece has delivered on its promises and it is now the partners' turn to do the same, European...

Short-dated Greek Bond Yields Rise after Failure to Reach Debt Relief Deal

Greece's short-dated state bond yields rose sharply on Tuesday after Greece and creditors failed to agree on closing the bailout program review and debt...

IMF’s Thomsen: We Need More Realism in Assumptions and More Specificity About Greece’s Economy

The International Monetary Fund's (IMF) European Department head Poul Thomsen said on Tuesday that his organization needs to see more realistic euro zone assumptions...

Tsakalotos: Overall Deal on Greece’s Loan Tranche, Debt Feasible Within Three Weeks

Finance Minister Euclid Tsakalotos expressed the joint belief of all Eurogroup participants on Monday that an overall agreement on Greece -- including both the...

New Measures Required by Greece’s Creditors Abolish 4 Welfare Allowances

Poorer households in Greece are hit by the new measures required by creditors as four welfare allowances have been abolished. The new austerity measures included...

Greek Labor Ministry: 1.2 Million Pensioners Live on Less than €500 a Month

The report of the Unified System of Control and Payment of Pensions "ILIOS" made public by the Labor Ministry shows that 1.2 million...

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