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Greece’s Bailout Program Obsolete Without IMF, German FinMin Says

German Finance Minister Wolfgang Schaeuble reiterated that Greece's current bailout program will not be valid without the participation of the International Monetary Fund. In a...

Greek FinMin: More Fiscal Adjustment Measures Possible After 2018

Greek Finance Minister Euclid Tsakalotos said that more fiscal adjustment measures might be taken after Greece's third bailout program ends. Tsakalotos spoke to Sunday's edition...

Greek Deputy FinMin Sends MoU to Pertinent Ministers Regarding 2017 Budget

Deputy Finance Minister Giorgos Chouliarakis sent to all pertinent ministries clear guidelines for the smooth implementation of the 2017 budget and a four-page MoU. In...

Greek FinMin Letter to Creditors Leaked to the Press

A letter from Greek Finance Minister Euclid Tsakalotos to creditors reaffirming Athens' commitment to the bailout program obligations has been leaked to the press. Greece's...

European Parliament President Schulz Conveys His Support of Greece’s Position in Meeting with Tsipras

On Thursday European Parliament President Martin Schulz met with Prime Minister Alexis Tsipras where he expressed his full support of the Greek government concerning bailout negotiations, adding that...

European Finance Commissioner: IMF Makes ‘Politically Impossible’ Demands of Greece

European Commissioner for Economic and Financial Affairs Pierre Moscovici said that the International Monetary Fund is making "politically impossible" demands of Greece. In an article...

Schaeuble Says Greece Should Carry Out Reforms to Become Competitive After Bailout

According to Reuters, German Finance Minister Wolfgang Schaeuble has stated that he believes that Greece can have a more competitive economy once it undergoes...

Dijsselbloem Urges European Lenders to Be ‘Realistic’ in Setting Greece’s Fiscal Targets

On Monday the president of Eurogroup, Jeroen Dijsselbloem, told eurozone finance ministers that the time for realistic expectations regarding Greece's fiscal targets is on the...

Dombrovskis on Greek Debt, Primary Surpluses and Growth

European Commission vice president Valdis Dombrovskis, appeared positive over strong growth rates in Greece in 2017, and meeting deficit and primary surplus targets in...

New Debts to the Private Sector Pile Up as Greek Government Repays Previous Debts

While the Greek government has begun to repay its debts to the private sector, new debts are starting to pile up, according to the...

Greek Statistics Authority Lowers Primary Surplus

The Hellenic Statistical Authority (ELSTAT) announced a lower 2015 primary surplus and higher debt than the one initial figures had indicated in data released...

IMF Predicts Primary Surplus Will Be Lower Than Expectations of Greece and EC

The International Monetary Fund forecasts a much lower primary surplus for 2017 than the predictions made by the Greek Finance Ministry and the European Commission. In...

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