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Greece

Greece Heads to Polls in the First Post-Bailout General Election

Greek voters cast their ballots on Sunday in the country's first national election of the post-bailout era, with leftist Prime Minister Alexis Tsipras's SYRIZA party expected to be ousted by the conservative opposition. A trio of opinion polls on Friday...

Post-Bailout Greeks Once Again Traveling Abroad for Christmas

According to data published by FedHATTA, the Federation of the Hellenic Associations of Tourist and Travel Agencies, the number of Greeks who choose a destination abroad instead of Greece for their Christmas vacations is booming again, following a significant...

Greek Parliament Passes First Post-Bailout Budget

Following a long and politically fierce parliamentary debate, Greek lawmakers approved by majority the country’s 2019 budget at midnight Tuesday. This represents the first non-bailout budget for Greece after 2010. The budget was approved with 154 votes in favor and 143...

Greece Presents First Post-Bailout Budget; Awaits EU Approval

The Greek government on Wednesday tabled the first budget drawn up since the country exited the bailout era last August. The 2019 budget projects a GDP surplus of 3.6 percent, against a target of 3.5 percent, and a growth rate...

Creditors Begin the First Post-Bailout Audits in Greece

Representatives of Greece's international creditors -- the European Union and the International Monetary Fund -- arrived in Athens on Monday for the scheduled audits of the Greek economy in the post-bailout era. The technical teams of the European Commission, the...

First Post-Bailout Poll Gives New Democracy 10.9% Lead Over SYRIZA

The first major opinion poll since the completion of the third -- and final -- bailout program shows a steady lead of 10.9% for the main opposition New Democracy over the ruling SYRIZA-led government. The poll, conducted by Marc on behalf of...

Greek PM Tsipras Promises Tax Cuts, Dividends and Growth in Post-Bailout Greece

Prime Minister Alexis Tsipras on Saturday announced that his administration is planning to stop tax cuts, offer more social dividends and raise the minimum wage in post-bailout Greece. The Greek prime minister spoke during the opening of the annual Thessaloniki...

Germany Warns Greece to Fulfill Post-Bailout Commitments

German minister of Finance Olaf Scholz warned Athens to honor the commitments it undertook to exit the bailout era and stressed that the country's agreements with its partners and creditors have to be respected. In an exclusive interview with Greek...

Greece Meeting with Lenders Sept. 10 for Post-Bailout Talks

Talks are already being scheduled for post-bailout talks between Greece and its lenders, European Commissioner for Economic and Financial Affairs Pierre Moscovici has announced. The meetings are to begin on September 10 in Athens and according to sources, the government...

EU Approves 'Enhanced Surveillance' for Post-Bailout Greece

The European Commission on Wednesday said Greece will remain under an "enhanced surveillance framework" to ensure that it meets ambitious budget targets through 2022. The country will still be subject to quarterly inspections from creditors after the bailout program ends...

EU's Moscovici Blasts Greek Opposition Over Post-Bailout Deal

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...

All Eyes on Eurogroup for Greek Debt Relief, Post-Bailout Scrutiny

Athens has its eyes on Luxembourg this Thursday as a crucial meeting of eurozone finance ministers is expected to decide on Greek debt relief and what will happen the day after the bailout ends in August. Greece has ratified the prerequisites...

Greece to be Subject to Strict Post-Bailout Surveillance

Greece will be subject to strict surveillance by European institutions after the end of the third bailout program in August. According to a document seen by Greek newspaper Kathimerini, Athens will be obliged to meet fiscal targets and continue implementing...

Greek PM: We Are Not Afraid of Post-Bailout Surveillance

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

Greece Commits to Post-Bailout Actions

Greece has committed to five important fiscal actions for after the end of the bailout program in August, while the new omnibus bill to be ratified in parliament on Thursday includes some relief measures for taxpayers. According to a Kathimerini...