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Greece

Greece Close to Ending Third Program Review

The Eurogroup Working Group (EWG) acknowledged on Thursday the implementation by Greece of most prior actions required to complete the country's third program review, according to a Eurozone source. The heads of the Eurozone's finance ministries were informed that only three...

Troika Returns to Greece for Third Program Review

The heads of the institutions' missions in Athens are to return to the Greek capital on Tuesday, with the purpose of achieving progress in the third program review, European Commission spokesman Margaritis Schinas said on Monday. The return of the...

Brussels Raises Concerns Ahead of the Greek Third Program Review

European creditors have raised concerns about the implementation of the Greek program at the Eurogroup Working Group (EWG) meeting on Monday in Brussels. The meeting discussed the third program review ahead of the informal Eurogroup to be held on September 15...

Greece has to Legislate or Adjust 135 Prerequisites to Close Bailout Program Review

Greece has to legislate 77 measures and adjust 58 more in order to close the second bailout program review and receive the next loan tranche, according to a Kathimerini newspaper report. According to the report, there is a list of...

Next Two Weeks Crucial for Completion of Greece's Bailout Program Review

Greece has to rush to legislate the new measures agreed so that the staff level agreement is signed before the May 22 meeting of euro zone finance ministers. The Greek government has to legislate measures worth 440 million euros in...

Moscovici: The Agreement Opens the Way for Swift Conclusion of Second Program Review

The agreement paves the way for the swift conclusion of the second program review, EU Commissioner for Economic and Financial Affairs, Taxations and Customs Pierre Moscovici said on Tuesday adding that the debt issue needs to be considered in...

Greece, Creditors Reach Initial Agreement on Bailout Program Review

Greece and creditors came to an agreement for new fiscal measures that would be implemented in 2019 and 2020, thus unblocking talks on the bailout program review. Coming out of the meeting of euro zone finance ministers in Valletta, Malta,...

Greece's Interior Min Skourletis Says Program Review to Conclude Soon

The program review will soon be concluded, Interior Minister Panos Skourletis said on Monday in an interview with ANT1 TV, adding that the government is trying to solve the pending issues that cause insecurity with the best possible conditions...

Labor Market Reforms Delay Greece's Bailout Program Review

The talks on the bailout program review between Greece and international creditors will continue in Brussels as the Greek side refuses to back down on the thorny issue of labor market reforms. Upon insistence of the International Monetary Fund, the...

Eurogroup Chief Sees Delay in Greece's Bailout Program Review

Eurogroup President Jeroen Dijsselbloem said that it is very unlikely that Greece's bailout program review will be completed in April, while noting that the European Stability Mechanism should assume the role of the International Monetary Fund in European economic...

Greek Minister Says Bailout Program Review Will Close Soon

The negotiation for the second review will conclude soon, said Digital Policy Minister Nikos Pappas on Wednesday, who is touring the region of Serres. Pappas also said that SYRIZA parliamentary group is solid and will vote measures and offset measures. The...

Tsipras: ‘Perfectly Feasible’ to Complete Program Review by Next Eurogroup

It is “perfectly feasible” for Greece to complete the second program review with its lenders on a technical level in time for the next Eurogroup meeting on March 23, Prime Minister Alexis Tsipras said on Wednesday, during a joint...

Negotiations on Bailout Program Review Resume in Athens

Negotiations on the bailout program review between Greece and creditors' representatives started on Monday morning in Athens with the latter saying that it is up to the Greek side how soon a staff level agreement (SLA) can be reached. There...

Greece to Legislate Fiscal Measures in Advance to Complete Bailout Program Review

The Greek government on Monday agreed to legislate new fiscal measures that will apply from 2019 and on in order for creditors' missions to return to Athens to resume talks on the bailout program review. The new measures are not...

Government Wants 'Political Solution' for Program Review at Next Eurogroup

Greece wants to achieve a "political solution" on the whole package of measures (reforms, primary surpluses, mid-term measures on debt) negotiated with its lenders at the Eurogroup on February 20 and will figure out the details later, Finance Minister...