Greece

A new, state-of-the-art integrated maritime surveillance system will be developed in the Aegean Sea, as the European Internal Security Fund  has decided to grant Greece €50 million to develop the system. Once deployed, the new surveillance system will allow the...

The Eurogroup on Friday approved the positive recommendation of the College of Commissioners for the disbursement of the 978 million euros which are owed to the nation of Greece. The tranche represents the return of the profits held by the...

The College of Commissioners of the EU approved the updated Enhanced Surveillance Report on Greece on Wednesday, which states that all agreed-upon reforms have been implemented by Greece. This opens the way for the delayed disbursement of the first tranche...

European officials postponed the decision on whether or not Eurogroup will authorize the already-agreed upon disbursement of cash to Greece until the next Euro-working group in March 25. The Eurogroup postponed the decision on disbursement because of a delay in...

The Greek government did not present their plans for settling tax debt in 120 installments during negotiations this week in Athens with their creditors' representatives. The creditors’ representatives will leave Athens with incomplete information for the second post-bailout assessment, which is...

Greece needs to complete three important prerequisites before the EU disburses the next loan tranche of €5.7 billion euros, a European official said, according a Kathimerini report. The loan tranche will be disbursed upon the condition that all requirements of...

Greek government sources said late on Thursday evening that Athens would reject the solution proposed at the June 15 Eurogroup and transfer the issue to the June 22 EU Summit. The decision came after leaked statements by European officials who...

European Commissioner for Economic and Financial Affairs Pierre Moscovici is scheduled to visit Athens on Wednesday to aid in bailout program review talks between Greece and creditors. The European official is expected to meet with Prime Minister Alexis Tsipras and...

The Greek state is to take over the 'Megaron' Athens Concert Hall Organisation's unpaid debts. The debts were incurred from the European Investment Bank (EIB) for a 150-million-euro loan taken out in 2003, which was guaranteed by the Greek...

On Monday afternoon (today), the Eurogroup in Luxembourg will decide on the disbursement of the 2.8 billion euros loan tranche to Greece. The meeting of the euro zone finance minister officials will be preceded by a Euro Working Group session...

Greece is to close all the bailout program pending issues on Tuesday, after, on Monday, Creditors gave Greece 24 hours to complete prerequisites in order to give the green light for the disbursement of the next loan tranche. If the...

The next loan tranche to Greece is at risk of delay since there are issues pending regarding the completion of the first bailout program review. Euro zone technocrats identified issues that have not been addressed yet by Athens after a...

Greek Finance Minister Euclid Tsakalotos was unable to convince his Eurozone counterparts to grant the provision of two billion euros of bailout funds to Greece, during Monday's Eurogroup in Brussels. This outcome was expected due to the deadlock between the Greek government and the institutions- the European...

European Commissioner of Economic Affairs Pierre Moscovici is arriving in Athens today (Tuesday) to ensure that the Greek government is on track regarding the progress of reforms required by the bailout program. The second omnibus bill that includes prior actions...

European Commissioner for Economic and Financial Affairs Pierre Moscovici will visit Athens this upcoming Tuesday November 3 for two days. Moscovici was originally scheduled to visit the Greek capital on October 14, but had to postpone his trip due to...