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Stournaras: NPL Sales Speedup Crucial for Greek Banks

Greek banks have shown progress in tackling a stockpile of non-performing loans, Bank of Greece governor Yannis Stournaras said on Friday, but added that...

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 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...

Eurostat: Greek Primary Surplus Revised Down, Debt Up

Greece's primary budget surplus last year was lower than initially estimated and its debt higher, revised data by the EU statistics office showed on...

Trump-Tsipras Meeting in White House Leaves Both Sides Satisfied

U.S. President Donald Trump said his country supports "responsible debt relief" for Greece, while Greek Prime Minister Alexis Tsipras said there is a "fruitful...

State Debt Amounts to €39,700 per Person in Greece

If Greece were to repay its sovereign debt today, each Greek would have to contribute 39,700 euros (47,869 U.S. dollars), according to the World...

EWG Chief: Greece to Remain Under Strict Supervision for Years

Greece will remain under strict supervision by its creditors for years, said the head of the EuroWorking Group, Thomas Wieser. In an interview with Ethnos...

Athens Ready for Visit of French President Macron

Athens is preparing for the visit of French President Emmanuel Macron who will stay for two days and meet with Prime Minister Alexis Tsipras...

German FinMin: Greek Debt Relief Not on the Agenda for Now

Greek debt relief is not on the agenda for now, and Greece must press ahead with implementing reforms in order to become more competitive,...

Fitch Upgrades Greece’s Rating to B-

Fitch Ratings has upgraded Greece's credit rating from CCC to B- on Friday, an improvement that leaves the country's state bonds well below investment...

France’s Macron to Visit Athens as Part of his ‘European Agenda’

French President Emmanuel Macron will be making an official visit to Greece from Sept. 7-8, a source in the Elysee Palace said, as he...

IMF: Greece Must Implement Measures in 2019 and Countermeasures in 2023

The International Monetary Fund report on the Greek debt sustainability says that fiscal measures should be implemented earlier and the countermeasures not earlier than...

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