Greece

Greece should complete the reforms needed to help banks reduce bad debt and deal with the impact of the COVID-19 pandemic, the European Central Bank said, according to Reuters. The coronavirus crisis has stalled the efforts of Greek banks to...

Buses, trolleys, trams and metro transportation will be out of operation in Athens on February 18, as employees will be taking part in the 24-hour strike against the new social security bill expected to be brought before Parliament on...

A largely-peaceful student protest organized by leftist student associations ended in clashes with Greece's MAT riot police in central Athens on Friday afternoon. Several hundred demonstrators attempted to overturn MAT police trucks which had been parked vertically along Vasilissis Olgas...

The Council of State (STE), Greece's highest administrative court, published its ruling on Friday in which it deems the changes to religious education introduced by the previous government as unconstitutional. The left-wing government of the SYRIZA coalition changed the way religious...

German Chancellor, Angela Merkel, revealed on Wednesday that Greece’s new Prime Minister, Kyriakos Mitsotakis, promised in a phone call that he would quickly implement the reform program, Reuters reports. Speaking at a news conference with Finland’s Prime Minister, Merkel also...

Committed to reforms and reducing bureaucracy in the Greek public sector, newly-elect Prime Minister, Kyriakos Mitsotakis, has appointed several technocrats to ministries with impressive resumes. Some of the new ministers and deputies in the government are not politicians but industry...

It was June 23, 1996 when Greece lost its first leftist prime minister and great reformist Andreas Papandreou, a politician who was adored by some and disliked by others. Like all great politicians, Papandreou had many admirers and equally as...

EU's Economy and Finance Commissioner Pierre Moscovici said on Thursday that Greece must deliver on its promised reforms to send a positive signal to debt markets before a meeting of eurozone finance ministers next month. “I hope and I expect...

Greece's creditors decided on Wednesday to postpone a 750 million euro ($854.4 million) payment to Greece following concern over the country's foot-dragging over reforms. In a European Commission compliance report released in Brussels, the creditors call on Greece to fully...

Greece's opposition leader Kyriakos Mitsotakis promised sweeping changes to his nation's economy during an exclusive interview with CNBC on Tuesday. Speaking before the upcoming Greek general elections later this year, Mitsotakis, the leader of New Democracy, vowed to restore market credibility during...

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the debt-relief scheme that was agreed on a few years ago. The Greek government has significantly delayed the implementation...

The European Commission on Thursday revised their forecast for Greek economic growth slightly upward in 2019 and 2020, but warned that the nation's economic recovery depends on needed reforms. According to its interim economic forecast, the Greek economy is set to...

Greece's main opposition leader Kyriakos Mitsotakis vowed to pursue growth-oriented reforms if elected to office. He made his remarks in an interview with the Financial Times published on Wednesday. The leader of the New Democracy Party who, according to the...

Greece's credit rating remains stable at B3, but the reform agenda must be followed, the new Moody's analysis says. The international rating agency pointed out that Greece's prospects will remain positive as long as the government is committed to the...

ESM Managing Director Klaus Regling warned the Greek government not to abandon its commitments in the post-bailout era saying that if Athens reneges, creditors may stop debt relief measures. In an interview with Austrian Die Presse newspaper, Regling stressed that...