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Greece’s Creditors “Concerned” About Minimum Wage Hike

Greece’s creditors expressed deep concern on Thursday over the recent decision by the government to increase the minimum wage by 11 percent, according to...

Creditors Leave Athens Without Plan for Settling Tax Debt

The Greek government did not present their plans for settling tax debt in 120 installments during negotiations this week in Athens with their creditors'...

EU to Decide How Greece’s Primary Surplus Should be Used

Greece's budget for 2019 will be assessed by creditors who will decide how the surplus will be spent, Eurogroup President Mario Centeno announced on...

Greek Government to Table Budget Draft Without Pension Cuts

Greece's Finance Minister Euclid Tsakalotos The Greek government on Monday is to table in parliament the 2019 budget draft leaving out the pension cuts that...

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...

Standard & Poor’s Upgrades Greece’s Credit Rating to B+

Standard & Poor's (S&P) ratings agency has upgraded Greece's credit rating by one notch, from 'B' to 'B+' According to the Associated Press, S&P said Greece's...

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...

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...

IMF, Eurozone Seek Last-Minute Deal on Greek Debt

Greece's eurozone creditors and the International Monetary Fund are trying to find a last-minute solution to the country's debt mountain so that the IMF...

Creditors Fail to Reach Deal on Greek Debt Relief

The Washington Group that convened on Thursday in Brussels failed to reach an agreement on the Greek debt relief issue and will be meeting...

Time is Running Out, says IMF about Participation in Greece’s Bailout

Time is running out for the financial participation of the Fund in Greece's third bailout program, said International Monetary Fund spokesman Gerry Rice on...

IMF Presses European Creditors for Greek Debt Relief Plan by Next Week

The International Monetary Fund is pressing Greece's European creditors to agree on a debt relief program as soon as next week to ensure that...

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