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third bailout

Creditors Talk Up 'Constructive' Week with Greece

This week's talks between the Greek government and creditor institutions were "constructive" it was claimed on Thursday, coming at the end of the first phase of the negotiations. The unidentified official was quoted by the Athens-Macedonian News Agency saying that...

Greece Braced for New Round of Talks with Creditors

Representatives of Greece’s creditors will meet government officials on Monday as deliberations begin for the fourth review of the Greek program. According to ANMA, the focus of the first meeting between the heads of the institutions and the Greek government...

Greece Close to Ending Third Program Review

The Eurogroup Working Group (EWG) acknowledged on Thursday the implementation by Greece of most prior actions required to complete the country's third program review, according to a Eurozone source. The heads of the Eurozone's finance ministries were informed that only three...

Tsipras: ECB's QE Program No Longer Crucial for Greece

Despite opposite statements in the past, prime minister Alexis Tsipras no longer believes that stimulus from the European Central Bank (ECB) is crucial for the economic recovery in Greece. "I think we will join the QE (quantitative easing) program but...

Greece Reaches Deal with Creditors on Reforms under Bailout Review

Greece and its international creditors agreed on a set of economic reforms the country must undertake in exchange for fresh loans. The agreement on a range of often politically sensitive measures - covering fiscal issues, energy and labor market reforms,...

Troika Returns to Athens for New Round of Talks

Talks between Greece's creditors and the government on concluding the third review of the Greek program are due to begin today (Monday), when the heads of the institutions' missions return to Athens. This will be the first round of negotiations,...

BlackRock: Greek Economy is Resurgent, Investments Unlocked

Global investment management corporation BlackRock has issued an upbeat analysis on a series of the continent’s nations — including the one that has grappled with some of its biggest problems: Greece. The asset manager describes the country as “resurgent”, and...

Brussels Raises Concerns Ahead of the Greek Third Program Review

European creditors have raised concerns about the implementation of the Greek program at the Eurogroup Working Group (EWG) meeting on Monday in Brussels. The meeting discussed the third program review ahead of the informal Eurogroup to be held on September 15...

Friday's Eurogroup Meeting to Discuss Third Bailout Concessions Canceled

On Wednesday, Reuters reported that Friday's scheduled mini Eurogroup meeting set to take place in Berlin, Germany, has been canceled. The meeting was set to bring together finance ministers of a group of core EU countries to discuss any possible...

Monday's Talks Between Government Officials and Creditor Envoys Results in 'Substantial Convergence,' FinMin Says

According to the Greek Finance Ministry, another day of negotiations regarding the country's third bailout has concluded between Greece's international creditors and government officials, resulting in "substantial convergence," with the creditor envoys. Officials say that the specific details of the agreements...