bailout

Greece still has "a long way to go," said Bank of Greece Governor Yiannis Stournaras in light of Monday's official end of the country's third bailout program. In an interview with Kathimerini newspaper Sunday edition said that there are still...

Europe has come out of the Greek experience collectively stronger, said EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici ahead of Greece's exit from the bailout on Monday. In comments to the press, Moscovici said that...

The brain drain in Greece would make it very difficult for the country to recover from the economic crisis and return to normalcy, a Financial Times report has claimed. Greece may be ready to exit the third bailout program on...

Greece will be unable to access cut-rate European Central Bank funding from Aug. 21 -- a day after the expected 'official' exit from the country's economic bailout program. The ECB on Friday released a statement which indicated that the end...

International market strife over U.S. sanctions on Russia and Turkey has had a knock-on effect with Greek bond yields breaking the four-percent mark on Thursday. The bad news comes as Greece prepares to officially exit from its bailout program on...

Greece on Monday received a fifth and final multi-billion-euro payment ahead of the country's exit from its economic bailout scheduled for Aug. 20. The European Stability Mechanism (ESM) said it had disbursed €15 billion ($17 billion) to Greece which would cover spending...

"The markets are waiting to see whether Greece will honor its commitments regarding the implementation of additional measures after the (bailout) program ends on August 20," said Bank of Greece Governor Yiannis Stournaras. Stournaras spoke to the Financial Times saying...

Greece will not see the end of the effects of the bailout on the day it formally comes to a close, German leader Angela Merkel said on Friday. In comments reported by Reuters, Merkel said although the day in August...

Political developments, the 'North Macedonia' issue and the next day after the completion of Greece's third bailout program all point to the likelihood that Greeks may face a triple election next May. In May 2019 Greeks will be called to vote...

The Board of Directors of the European Stability Mechanism (ESM) on Friday approved in principle the disbursement of the last tranche of bailout loans to Greece, worth €15 billion ($17.4 million). In an announcement, the ESM said that the disbursement of...