Greece
Economy
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,...
Economy
Moscovici Confirms Greece's Return to Growth in 2017
European Commissioner for Economic Affairs Pierre Moscovici expressed the hope that the agreement to be reached at the next Eurogroup will be as "broad" as possible and will include the issue of the Greek debt.
"I hope and I am...
Economy
IMF's Poul Thomsen: It Will be Several Years Before Greece Returns to Pre-Crisis Levels
"It will take many years and additional reforms, which are not currently on the negotiating table, until Greece returns to pre-crisis levels," said Poul Thomsen, European Affairs Director for the International Monetary Fund, at a press conference in Washington...
Economy
Eurogroup: Institutions Will Not Return to Athens, Negotiations Will Continue in Brussels
Monday's Eurogroup in Brussels confirms that the return of Greece's lenders to Athens is not likely; the new round of negotiations in Athens have been postponed for the moment and further negotiations are to continue in Brussels.
Eurogroup chief Jeroen...
Economy
Eurogroup President: Substantial Progress for Return of Institutions to Athens
"There has been substantial progress and we are close to a common ground for the return of institutions in Athens next week," said President of the Eurogroup Jeroen Dijsselbloem in a statement after Friday's meeting with Greece's finance minister...
Education
‘Best Case Scenario’ Is to Clinch Deal Between Greece and Institutions Next Week, Says Official
The “best case scenario” is for Greece and the institutions to converge significantly until next Friday’s Eurogroup, so that the latter can return to Athens immediately after the meeting and reach an agreement on a technical level on an...
Economy
Lagarde Agrees with Tsakalotos on Return of Negotiators to Greece
The Chief General of the International Monetary Fund has announced the return of the institutions and creditors' representatives to Greece, following several discussions she had with Greek Finance Minister, Euclid Tsakalots and other factors of the negotiation.
Lagarde and Tsakalotos have...
Economy
Troika Returns to Athens Under Different Name
About twenty representatives from the European Central Bank, the European Commission and the International Monetary Fund will arrive to Athens next week to review the progress of reforms and measures Greece has agreed to implement.
This time the number of...
Economy
After the Haircut, What Next for Greece?
The signs are all there that investors have really given up on Greece: analysts no longer say “if” when[...]
Economy
Greece’s Next Plan: Pay You Back in 100 Years
ATHENS - Struggling to pay back international investors who are demanding – and getting – usurious interest rates nearing 70 percent for two-bonds, Greece is reporting considering a new idea to pay them back – in the 22nd Century.
One...
Greece
Up to 50,000 Greek Teenagers May Contract Covid-19 This Autumn
As 1.3 million schoolchildren return to classes this Autumn all over Greece, as many as 50,000 Greek teenagers aged 12-18 may contract Covid-19 over the next months, according to one expert.
Nikos Tzanakis, a respiratory disease expert who is the...
Cyprus
Greece, France Cement Common Front Against Turkey's Aggression
Greek Prime Minister Kyriakos Mitsotakis and French President Emmanuel Macron said they were in "complete agreement" regarding the direction to take in response to Turkey's repeated incursions and infractions in the Eastern Mediterranean, according to government sources in Athens.
The...
Greece
Coronavirus Latest Updates: Greece Shuts Down All Schools, Universities as Cases Jump to 89
As Italy has extended its already draconian coronavirus quarantine measures to the entire country, Greece announced the closure of all educational institutions in the country for 14 days. Earlier it announced another five cases of coronavirus, bringing the total...
Greece
Latest Updates on Coronavirus: Greece Holds Its Breath
Greek authorities are on high alert following the alarming outbreak of the coronavirus in Italy, where as of Tuesday morning more than 280 cases and seven deaths have been recorded.
Infectious disease experts warn that the possibility of an outbreak...
Economy
EU Warns Greece It May Lose €750 Million in Funds
The European Commission reportedly warned Greece today that it risks losing €750 million in funds if it fails to complete a raft of reforms by the end of the month.
The London Times quotes a senior EU official saying that...