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Greece Reaches Deal with Creditors on Reforms under Bailout Review

Greece and its international creditors agreed on a set of economic reforms the country must undertake in exchange for fresh loans. The agreement on a...

Greek Gov’t: We will Protect Homes of Working Class from being Auctioned

The Greek government will protect the primary residences of low income families from being auctioned off, government spokesperson Dimitris Tzanakopoulos said on Thursday. The statement...

Greek FinMin: Family of 4 with €12,000-18,000 Income is Middle Class

Greece's Finance Minister Euclid Tsakalotos on Wednesday said that a family of four with an annual income of 12,000-18,000 euros is middle class, and...

Greece Eases Up on Capital Controls Again

Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country. According to the new regulations, Greek residents will be able to withdraw...

Tsakalotos: Greek Banks in Danger if Home Auctions don’t Resume

Finance minister Euclid Tsakalotos has warned his party's MPs that if foreclosed home auctions don't resume, Greek banks could be facing recapitalization issues. Speaking to...

Greek Parliamentary State Budget Office Warns of Bankruptcy Risk if Debt not Eased

Greece is at risk of bankruptcy unless there is substantial debt relief, warns the Parliamentary State Budget Office, while calling for the need of...

Greek Finance Ministers Admit Overtaxing Middle Class, Professionals

Greek Finance Minister Euclid Tsakalotos admitted in parliament on Thursday that the government has overtaxed the middle class and professionals in order to protect...

Greek FinMin: €1.1 Bln Revenue Surplus to be Distributed as Social Dividends

At least 1.1 billion euros of revenue surplus will be distributed in the form of social dividends by the end of the year, Greece's...

Lagarde and Tsakalotos Agree on Timely Completion of Greek Third Review

Christine Lagarde and Greek Finance Minister Euclid Tsakalotos agreed that a timely completion of the third review of the Greek bailout is essential for...

Greek FinMin Tsakalotos to Meet with IMF Chief Christine Lagarde

Greek Finance Minister Euclid Tsakalotos and his deputy, George Chouliarakis, will meet with the head of the International Monetary Fund, Christine Lagarde on Saturday. The...

Greek FinMin: Nothing will be the Same Without Schaeuble

Greece's Finance Minister Euclid Tsakalotos wrote "Nothing will be the same" on the EU flag, as a farewell note to departing German finance minister...

Greek Budget for 2018 Foresees Growth of 2.4%, Primary Surplus of 3.5%

Finance Minister Euclid Tsakalotos is submitting  the draft budget for 2018; which foresees a growth rate of 2.4% and a primary surplus of 3.5%...

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