Greece

Creditors on Wednesday, disagreed overall with the "counter-measures" the Greek government proposed in order to balance the fiscal measures demanded to close the bailout program review. The second day of negotiations did not close with a positive outcome for the...

Greece aims to come to an agreement with creditors on taxation, pensions and red loans by Friday, but the IMF remains strict on its demands on closing the fiscal gap. Athens wants to complete the bailout program evaluation as soon...

International Monetary Fund Managing Director Christine Lagarde, European Central Bank President Mario Draghi, European Commission President Jean Claude Juncker and Eurogroup President Jeroen Dijsselbleom held a phone conference on Friday to discuss whether the proposals submitted by the Greek...

The institutions received the Greek government's letter with proposals and prior actions on time, stated a Eurozone official, refusing however to give an estimation on the letter's context. According to the same official, the European Commission, the European Central Bank...

The Greek proposals are currently under the European Commission, ECB and IMF microscope, stated "To Potami" leader Stavros Theodorakis after his meeting with European Commission President Jean-Claude Juncker in Brussels on Friday. He also noted that his first impression is that Europeans...

After more than three hours of talks, Tuesday's Euro Summit decided that there will be another European Union summit this upcoming Sunday to discuss the Greek government's new bailout proposals expected in writing by July 9. Earlier at the Eurogroup,  the nineteen Eurozone finance ministers...

German Finance Minister Wolfgang Schaeuble is dismissing the most recent Greek proposals for more bailout money. Schaeuble said today that Greece's proposed conditions “are only increasing taxes, only increasing contributions. Schaeuble implied time is short: “The 30th of June is the...

The discussions with the institutions, on a level of technical officials, over the clarification and specialization of the Greek government's proposals start on Wednesday in Brussels. Greek Prime Minister Alexis Tsipras will meet the OECD head Angel Gurria on Thursday...

The Greek Space Agency (ELDO) announced on Tuesday that fourteen different proposals  have been received as part of its participation in NASA's "Invitation to Exploration Campaign" for a new mission to explore the moon. Fourteen Greek universities, agencies and companies...

The Greek government reacted strongly to Defense Minister Panos Kammenos' proposal to his U.S. counterpart for a Balkan defense zone as a Plan B to FYROM's accession to NATO. While in Washington for an official visit, Kammenos proposed to U.S....

On Wednesday, at the fourth pre-conference meeting in Herakleion, Crete, New Democracy leader Kyriakos Mitsotakis presented his party's proposal to restart the Greek economy. "The country needs a national reconstruction plan," he said and noted the need to cut taxation,...

Greek Foreign Minister Nikos Kotzias has expressed Greece's willingness to continue discussions on the Cyprus problem in the framework of Crans-Montana, and especially the proposals that were put forth near the end, by UN Secretary General Antonio Guterres. Speaking after...

The proposals made on Tuesday by Prime Minister Alexis Tsipras and Interior Minister Panos Skourletis to representatives of the municipal workers union POE-OTA failed to convince and workers decided the strike will continue through Thursday. Coming out of the meeting...

Finance Minister Euclid Tsakalotos criticized the proposals announced by New Democracy leader Kyriakos Mitsotakis on Saturday at the Thessaloniki International Fair, saying he intends to increase taxes on everyday goods. "Mitsotakis' answer to the crisis is to increase on...

After four and a half hours of talks, Greek farmers left the government mansion saying that they will present the prime minister's proposals to their unions to decide whether they would continue their protest actions. Prime Minister Alexis Tsipras has...