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‘Overwhelming Odds’ in Favor of a Deal With Creditors by Sunday, Says Government Spox

It is extremely likely that negotiations between the government and the mission chiefs institutions on Greece’s second program review will conclude by Sunday, government...

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...

Europe-IMF Still Disagree on Greek Debt Relief Measures, Primary Surpluses

European creditors and the International Monetary Fund are still in disagreement over debt relief measures for Greece, as time is running out for the...

Regling: Greece May Return to Markets Before End of Bailout Program

Greece’s fiscal consolidation has been positive and strong and the country could return to the markets before the end of the current bailout program...

Debt Relief for Greece Essential, Peterson Institute Working Paper Concludes

Greece cannot sustain primary surpluses exceeding 3.5 pct of GDP for more than three or four years at most and will therefore need additional...

There Will be No Fourth Memorandum, German FinMin Schaeuble Reassures

There will be no fourth memorandum, German Finance Minister Wolfgang Schaeuble on Tuesday said in statements to Deutsche Welle TV. The aim of the...

Greek PM Tsipras: Debt Relief Prerequisite to Legislate New Measures

The mid-term debt relief measures so that Greece can enter the quantitative easing (QE) program is the prerequisite to vote for the new measures,...

Greek Government Celebrates More Austerity Measures

In debt-ridden Greece all logic seems to be lost after Friday's announcement by Eurogroup chief Jeroen Dijsselbloem that the second bailout review is close...

Greece, Creditors Reach Initial Agreement on Bailout Program Review

Greece and creditors came to an agreement for new fiscal measures that would be implemented in 2019 and 2020, thus unblocking talks on the...

German FinMin Backs Down on Greece’s Bailout Review Stalemate

German Finance Minister Wolfgang Schaeuble is to back down on today's (Friday) meeting of euro zone finance ministers in order to unlock the bailout...

Chancellor Merkel Reassures Tsipras she Is Working for a Solution at Eurogroup

German Chancellor Angela Merkel on Thursday reassured Greek Prime Minister Alexis Tsipras that she is working so that a solution is found at the...

Greece-Creditors Negotiations Stall Again; Athens Blames Germany, IMF

The teleconference between Greek officials and lenders' representatives scheduled for Wednesday was cancelled, making it impossible for any progress to be made in Friday's...

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