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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...

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...

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