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Greece's Creditors Postpone Bailout Program Evaluation

Creditors have rejected Greece's proposal on security fund reforms, thereby setting further back the date of the evaluation of the progress of the bailout program. "We asked for a cow and they sent us a cat," said a representative of...

IMF Disagrees with Greek Proposal on Pension Reforms

Poul Thomsen, Director of the European Department of the International Monetary Fund, rejects the Greek proposal on security fund reforms, according to a real.gr report. Thomsen also expressed the opinion that the first evaluation of the progress of Greece's bailout program...

Economic Affairs Commissioner Warns Greece 'Not to Play Games with IMF'

European Commissioner for Economic Affairs Pierre Moscovici warned Greece "not to play games with the International Monetary Fund" as the Fund has not decided yet whether to contribute financially to the country's third bailout. Moscovici gave an interview to German newspaper...

IMF Managing Director Lagarde to Meet with Greek PM Tsipras at Davos

Managing Director Christine Lagarde plans to meet with Greek Prime Minister Alexis Tsipras at the World Economic Forum in Davos, Switzerland on January 21, according to a Bloomberg report. Lagarde and Tsipras will meet on the sidelines of the...

Europe Insists IMF Remains in Greece's Bailout Program

European finance ministers are in favor of Greek debt easing but insist that the International Monetary Fund should remain in Greece's bailout program. Greek Finance Minister Euclid Tsakalotos is in a series of meetings with European counterparts ahead of Thursday's...

Greek Fin Min Meets with European Counterparts

Greece's Minister of Finance Euclid Tsakalotos and his economics team are in the middle of a series of meetings with European counterparts ahead of the crucial assessment of the Greek bailout program. On Friday Tsakalotos met with Italian Finance Minister...

Eurogroup Chief: Greece's Bailout Review Will Take Months

The first comprehensive review of Greece's bailout program will take months to complete, not weeks, said President of Eurozone finance ministers Jeroen Dijsselbloem, on Thursday. Greece expects the completion of the first review so that European partners will sit down...

Greek Gov't May Have to Resort to Internal Borrowing if Loan Tranche Delays

The Greek government may have to resort to internal borrowing in the first quarter of 2016 if the disbursement of the next tranche of bailout cash is delayed. Greece's loan obligations for the first three months of the year amount...

Greek Minister Wants to Ensure Crucial Security Reforms Bill Passes

Greek Labor Minister Giorgos Katrougalos is to brief today, January 4, the President of the Hellenic Republic Prokopis Pavlopoulos and political party leaders on the final proposal on the security fund reforms bill. On January 18th, the final round of...

The 10 Most Spectacular Lies and Backflips in Greek Politics in 2015

The year we're saying goodbye to started with turmoil in Greek politics. The New Democracy-PASOK coalition government was buckling under heavy pressure from the opposition and the weight of the upcoming austerity measures and reforms Athens needed to implement...