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Governor of Bank of Greece Calls for Swift Conclusion of Bailout Review

The Greek government and foreign lenders must intensify efforts to swiftly conclude a review of the country's compliance with fiscal targets and reforms under...

Dijsselbloem in Athens: Greece Needs “Clean” Bailout Exit

After meeting with the president of the Republic and the PM, Eurogroup Chairman Jeroen Dijsselbloem said that Greece and its European creditors are on...

ECB Official: Putting Off Reforms Could Complicate Bailout Review

The Greek government should not put off agreed bailout reforms or it could “complicate” an upcoming bailout review by its foreign creditors, a European...

Greek Fin Min Tsakalotos to Remain in his Post Until August 2018

Government spokesman Dimitris Tzanakopoulos said that Finance minister Euclid Tsakalotos will most certainly remain in his post until the end of the upcoming bailout...

Moody’s Upgrades Greece’s Sovereign Bond Rating to Caa2, Changes Outlook to Positive

Ratings agency Moody's announced on Friday it is raising Greece's credit rating one notch from "Caa3" to "Caa2", citing the successful completion of the...

Greek Debt Relief Could Lead to Deferral of €123 Billion to Creditors

A forecast made by Germany's Finance Ministry says that a Greek debt relief scenario that suspends interest payment until 2048 could lead to the...

Dijsselbloem: Agreement on Final Package to be Reached Soon

"I hope the procedures to have been completed before the end of May," said Eurogroup chief Jeroen Dijsselbloem addressing on Thursday the European Parliament...

IOBE: Greek Economy to Grow Only 1.5% This Year

The latest forecast from IOBE think tank estimates that Greece's economy will only grow by up to 1.5% this year, lower than initially expected...

Institutions in Athens on Monday to Conclude Bailout Review and Discuss Debt

International institutions are due back in Athens on Monday to further discuss the bailout review and debt relief for Greece. Recently at their Spring Meetings...

Moscovici Expresses Hope that Eurogroup Will Signal Swift Conclusion of Greece’s 2nd Review

  Arriving for a Eurogroup meeting in Brussels on Monday, European Commissioner for Economic and Financial Affairs Pierre Moscovici expressed hope that it would send...

Athens Wants Foreign Lenders to ‘Acknowledge Progress’ Made During Bailout

As Athens continues to wait for the conclusion of the second bailout review from its lenders, on Tuesday, government spokesman Dimitris Tzanakopoulos said that...

BoG Chief Stournaras Says ‘Progress Recorded in the Greek Economy Should Not Be Intercepted’

On Friday the Bank of Greece's (BoG) governor, Yiannis Stournaras, made an intervention on the government's negotiation with the country's lenders within the context...

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