Greece
Economy
Tsakalotos: Greece Likely not to Need Precautionary Credit Line After Program Ends
Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018, Finance Minister Euclid Tsakalotos said on Friday after a meeting of euro zone ministers in...
Economy
DW: Precautionary Credit Line for Greece May Delay
The Eurogroup has decided to give Greece a 10 million euro precautionary credit line for next year, but only if Athens agrees with the troika over the last tranche before December 8, according to a Frankfurter Allgemeine Zeitung report.
The...
Economy
Eurogroup in Favor of a Precautionary Credit Line to Help Greece
The Finance Ministers participating at the Eurogroup met yesterday in Brussels and discussed the current economic situation prevailing in the Eurozone. They also discussed the scenarios of Greece exiting its bailout program.
The Eurogroup finance ministers discussed the follow-up to...
Economy
BoG: €11.5 Bln of HFSF Can Be Used as Precautionary Credit Line
Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits its European Union / International Monetary Fund (IMF) bailout program, Bank of Greece (BoG) Governor Yannis...
Economy
Bank of Greece Head Says Post-Bailout Credit Line Needed
There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece Governor Yiannis Stournaras on Wednesday.
Speaking at an event organized by Greek graduates of the London...
Economy
Bank of Greece Chief Insists on Precautionaly Credit Line after Bailout Program
Bank of Greece governor Yiannis Stournaras on Saturday stressed the need for a precautionary credit line after the end of the European Stability Mechanism (ESM) bailout program on August 20.
Stournaras spoke at the World Economic Forum in Delphi, saying...
Economy
Greek Central Bank Calls for Post-Bailout Credit
Greece's central banker said on Monday he supports establishing a precautionary credit line for the country after it exits its third adjustment program in the summer.
Speaking at an event organized by the Hellenic-Spanish Chamber of Commerce on the future...
Economy
Schaeuble: Eurogroup Will Decide Next Greek Credit Line
The Eurogroup on December 8 will discuss conditions under which Greece will get a credit line when the current program expires, German Finance Minster Wolfgang Schaeuble said on Sunday.
The Greek coalition government wants to exit the bailout program by...
Economy
Lagarde Says Greece Should Keep its Credit Line
The second round of talks between Greece and the troika is likely to be tougher than expected after managing director of the International Monetary Fund Christine Lagarde indicated on Thursday that Greece should maintain a lifeline with the Fund...
Economy
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...
Economy
EU's Moscovici Says Greek Deal Will be Struck at June 21 Eurogroup
European Commissioner Pierre Moscovici has said a final agreement covering Greece's post-programme period, surveillance and debt relief will be reached at the June 21 Eurogroup meeting.
In an interview with the newspaper Kathimerini on Tuesday, Moscovici said: "I am certain...
Economy
Greek PM Tsipras Vows 'Clean Exit' from Bailout; Dismisses Trade-Off with Turkey
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...
Economy
EU's Centeno: Deal on Greek Debt Restructuring 'Close'
Greek debt relief is still in discussion between the European Union and the IMF, but Greece's creditors are not considering an extension of the bailout program.
The talks are taking place during the IMF and World Bank Spring Meetings in...
Economy
Greece Needs Close Post-Bailout Supervision, EU Official Says
A senior EU official has cast doubt on Greece's plans for a clear exit from its era of bailouts after August.
In an interview with Greek daily Ta Nea, the President of the Eurogroup Working Group (EWG) Hans Vijlbrief said...
Greece
Euro Working Group Head Blames Politicians for Greek Crisis, Supports Debt Relief
In an interview with the Athens News Agency, Austrian economist and outgoing chief of the Eurogroup Working Group (EWG) Thomas Wieser blames Greek politicians for the 2008 financial crisis in the country and says he supports Greek debt relief.
Asked whether...