Greece

Greece's PM Alexis Tsipras reiterated Monday that the country will make a "clean exit" from the bailout era and the strict supervision of its creditors by August. Speaking at SYRIZA's parliamentary group he underlined that the exit from the bailouts...

Greece may be able to exit the bailout programme established by international lenders as soon as this year, banking giant HSBC has said, adding that a clean exit is less clear. The country last year regained access to capital markets,...

Declan Costello, the European Commission mission chief for Greece's bailout program, said on Tuesday that it is too early for Athens to speak of a "clean exit" from the rescue agreement. Speaking at the American-Hellenic Chamber of Commerce, the Irish...

After meeting with the president of the Republic and the PM, Eurogroup Chairman Jeroen Dijsselbloem said that Greece and its European creditors are on a good path to completing the latest round of bailout talks, with a view to...

EU Commissioner Pierre Moscovici launched an attack on Greece's opposition for criticizing the June Eurogroup agreement and the exit of the country from the bailout "for reasons of internal politics". During a speech at the European Parliament in Strasbourg on...

The president of the Eurogroup, Mario Centeno, has revealed that the European institutions are working on an "enhanced surveillance" tool for Greece after the country exits the bailout program in August 2018. In a letter addressed to EU finance ministers,...

International creditors will return to Athens on May 14 ahead of June's final decision on how to end Greece's economic bailout. Eurogroup finance ministers were meeting in Sofia, Bulgaria on Friday where Greece's growth and reform strategy was scrutinized as...

Greece will need a new arrangement with creditors after the end of the bailout program in August to make sure that reforms continue to be implemented, European Commissioner Pierre Moscovici has said. “We will need to agree a post-program arrangement that...

Greek officials have told Reuters that Athens is eyeing a multi-billion-euro cash fund to meet debt repayments following August’s planned departure from the country’s bailout program. The news agency quoted an unnamed Greek official saying the €19 billion ($23 billion)...

Greek Prime Minister Alexis Tsipras and his MPs keep repeating that the completion of the bailout program in August will mark the end of the memoranda that caused so much suffering to the Greek people. However, there are those who...

The Greek government should not put off agreed bailout reforms or it could “complicate” an upcoming bailout review by its foreign creditors, a European Central Bank official said. The third bailout review is expected to begin in October with bad...

"It would be a pity for Greece to face Grexit again after the considerable work that has been done." This phrase sums up the message sent to Greece by the European Union Commissioner for Economic and Monetary Affairs, Pierre...

Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...

"Greece's plans for a clean exit from its international bail-out are in disarray. A sharp rise in bond yields has stymied the government’s plan to borrow about €9 billion abroad in 2015 to meet debt repayments and ease the...

While economies across the world have all been hit hard by the coronavirus pandemic, new foreign investments in Greece are expected to help the country bounce back, promising much-needed growth in 2021. The Greek economy is estimated to shrink by...