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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...

Standard & Poor’s Upgrades Greek Credit Outlook Goes From Stable to Positive

Standard & Poor's rating agency (S & P) upgraded the Greek credit outlook to positive from stable on Friday. "On July 21, 2017, S&P Global Ratings...

ECB Chief: Up to Greece to Decide Whether to Tap Bond Market

European Central Bank President Mario Draghi said on Thursday that it is up to Greece to decide whether to tap the bond market again,...

Varoufakis: ‘I Was Right About the Debt, and You Know it!’

Former Finance Minister Yanis Varoufakis replied to an article published in Kathimerini through his blog. Here is his reply: In a recent article entitled “Varoufakis and...

German Parliament Approves €8.5 Billion Loan to Greece

The €8.5 billion tranche for Greece has been approved by the competent committee of the German Parliament, based on the Eurogroup agreement. Germany today gave...

ECB Head Mario Draghi Puts QE on Hold

"Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt," noted ECB head Mario Draghi. In...

Analysis: Greek Debt Relief With a ‘Fiscal Straitjacket’

The rescue plan for Greece as agreed in the June 15 Eurogroup is doomed to fail because it is a "fiscal straitjaclet," according to...

EU Says Greece Needs Additional Debt Relief

The EU says that Greece will need more debt relief in order to win the trust of investors, even though it’s likely to exit...

Greece Gets a Deal: Full Eurogroup Statement

The Greek government managed to get a deal with its creditors at Thursday's Eurogroup and unlock the next vital cash tranche of its bailout...

EU’s Moscovici Optimistic that ‘Fair Solution’ on Greek Debt Relief Can be Reached at...

In an interview published in the Funke group German newspaper on Wednesday, European Union Currency Commissioner Pierre Moscovici said that he is anticipating a...

Greek Debt, Quantitative Easing Out of the Eurogroup Agenda

Despite Greece's high hopes, debt relief and inclusion in the European Central Bank quantitative easing program are two issues that will not be discussed...

Bloomberg: European Central Bank Unlikely to Include Greece in QE Soon

The European Central Bank is unlikely to include Greek bonds in its quantitative easing (QE) program for the foreseeable future, a Bloomberg report says. The...

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