Greece's lenders
Economy
EU’s Juncker: Eurozone Lenders and Greece Should Achieve Technical Deal by April 7
European Commission President Jean-Claude Juncker said on Friday that eurozone lenders and Greece should reach a technical deal before a meeting of eurozone finance ministers on April 7, as reported by Reuters.
The IMF is pushing Greece on the contentious...
Economy
Greek Banks Sound Alarm Bells, Warn of Return to Uncertainty
After meeting with the heads of Greece's creditor institutions, representatives of the Greek Banks Association sounded the alarm bells, warning that the Greek economy is at risk of returning to uncertainty. The meeting focused on the management of "red"...
Economy
Quartet of Representatives Turns Down Again a Government Proposal for a Financial Transaction Tax
In seeking ways to close the “fiscal gap,” the Greek government has proposed to the country’s lenders on at least two different occasions imposing a financial transaction tax. The proposal was rejected both times.
Nonetheless, Greek officials involved in current...
Economy
Talks Between Greek Officials and Lenders Reveal Sharp Differences on Critical Economic Issues
The representatives of Greece’s official lenders appear to have rejected the government’s proposal for tackling the problem of “black money” by charging fines of up to 35% to those who claim they "forgot” to declare income.
Instead, it has been...