bailout
Economy
Greek PM Tsipras Says Economy Will Recover, Country Unable to Manage Refugee Flow
Greek Prime Minister Alexis Tsipras said he is optimistic that the economy will recover soon, but Greece is unable to deal with the refugee crisis alone.
Tsipras spoke in an extended interview on Star television on Monday night. He said...
Economy
IMF Predicts Difficulties in Greece's Debt Management
The IMF estimates that Greece will face difficulties in the management of her debt by the end of March, according to an article in the German magazine Der Spiegel, with the title "Bankruptcy already in May?"
According to the piece...
Economy
Greece-Creditors Negotiations Stall as Refugee Issue Prevails
The negotiations between Greece and creditors on the implementation of the bailout program required reforms have stalled again, thereby delaying the evaluation of the progress made.
The lenders' technical team working on budgetary figures until 2018 cannot proceed because the...
Economy
Creditors Reps Return to Greece, New Measures Might be Needed
The quartet of Greece's creditors return to Greece on Monday to discuss several issues that remain unresolved, with the finance minister worrying that new fiscal measures might be needed.
Finance Minister Euclid Tsakalotos says that the bailout program evaluation must...
Economy
Greek PM: Government Will Meet All Commitments on Time
Greek Prime Minister Alexis Tsipras appeared confident during his cabinet meeting saying that all the government's commitments will be met on time.
"We have paved the way in order for the program review to be completed on time," Tsipras said...
Economy
EU: Creditors Not Coming Back for Talks Unless Greece Cooperates
Greece's creditors will not return to Athens for further negotiations on the bailout program implementation unless the Greek government cooperates, says a Market News International report.
The quartet of representatives of Greece's lenders -- the European Commission, European Central Bank, European...
Economy
Greece's Creditors Remain Strict in Bailout Program Negotiations
The quartet of Greece's creditors remained adamant in their positions after nine hours of negotiations with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis that ended on Wednesday night.
According to a source close to the talks, on the...
Economy
German Fin Min Brings Back Grexit Talk
German Finance Minister Wolfgang Schaeuble brought back the Grexit issue saying that Greece would have benefited from that in the long run.
Speaking at an event in Hamburg, Schaeuble said that if Greece had exited the Eurozone last summer it...
Economy
Creditors Return to Greece to Start Evaluation of Bailout Program
The heads of the quartet of lenders' representatives are to return to Athens in order to start the evaluation of Greece's bailout program next week, said Commissioner Pierre Moscovici in Brussels.
The commissioner on economic and financial affairs told reporters that...
Economy
Varoufakis: Tsipras Had Asked for Parallel Currency Plan for Greece
Former finance minister Yanis Varoufakis said that Prime Minister Alexis Tsipras had asked him to draw a parallel currency plan if he could not reach a bailout agreement with Greece's creditors.
Varoufakis gave an interview on Skai television Tuesday night...