Greek Main Opposition Spokesman: Govt Policies Are ‘Sinking the Economy’

Greek main opposition New Democracy spokesman Giorgos Koumoutsakos accused the country's government on Thursday of "sinking the economy" and "crushing businesses and households" with its policies. "The...

Eurozone Finance Ministers to Hold May 9 Meeting on Greece

The next meeting of Eurozone Finance Ministers to discuss Greece’s massive bailout will be held in Brussels on May 9, Athens said Thursday. "Eurogroup chief...

Moscovici: Greece Can Legislate for Contingency ‘Mechanism’ Rather than Detailed Measures

The European Commission does not think that Greece needs to vote for specific contingency measures but for a mechanism outlining how such measures might...

Greece’s Proposal Will Be Accepted by Creditors, Says Parliament President

Greece's Parliament President Nikos Voutsis expressed his optimism in Greek radio on Thursday that the country's proposal on how to complete the negotiations with creditors will be...

ECB, IMF, ESM and European Commission Release Joint Statement on Greek Program

The European Commission, the European Central Bank (ECB), the International Monetary Fund (IMF) and the European Stability Mechanism (ESM) released a joint statement on Thursday...

Underage Refugees in Lesvos to Be Moved to Separate Camp

Greece's Deputy Migration Minister Yannis Mouzalas announced that the 380 unaccompanied minors at the Moria refugee registration camp in Lesvos will be transferred to a...

U.S. Treasury Under Secretary: We Support IMF Position on Greece’s Bailout

U.S. Treasury Under Secretary Nathan Sheets said on Wednesday that the U.S. support the IMF's participation in Greece's bailout program, contingent on substantial debt...

Eurogroup Chief: Meeting on Greece Within Next Two Weeks

An emergency Eurogroup meeting on Greece will take place next week or the week after, said the chief of Eurozone Finance Ministers, Jeroen Dijsselbloem,...

ECB President: Greek Economy Backslided in 2015

Greece has made reforms in the past few months but its economy backslided in 2015, said European Central Bank (ECB) President Mario Draghi. In an...

Gerovasili: IMF ‘Contingency Measures’ Unconstitutional; Greek Side’s Mechanism Meets Requirements

The International Monetary Fund (IMF) was insisting on the legislation of measures that were not in the 2015 agreement and in a format that...

Juncker: IMF ‘s Demand for Contingency Measures Is ‘Unreasonable and Unconstitutional’

The specific contingency measures demanded from Greece by its creditors are unreasonable and unconstitutional, European Commission chief Jean-Claude Juncker said on Wednesday, according to...

ESM’s Klaus Regling Confident That the IMF Will Remain in the Greek Bailout Program...

The head of ESM Klaus Regling, expressed his expectation that the IMF will remain in the Greek bailout program, speaking to Bloomberg on Wednesday. In...