creditors

The negotiations between Greece and creditors on the implementation of the bailout program required reforms have stalled again, thereby delaying the evaluation of the progress made. The lenders' technical team working on budgetary figures until 2018 cannot proceed because the...

The quartet of Greece's creditors return to Greece on Monday to discuss several issues that remain unresolved, with the finance minister worrying that new fiscal measures might be needed. Finance Minister Euclid Tsakalotos says that the bailout program evaluation must...

Greece is once again at the center of today’s Eurogroup in Brussels as there is urgent need to examine the course of negotiation talks between the Greek government and its creditors. The first meeting in Athens between the two sides...

Creditors suggest that Greece should proceed with government spending cuts instead of raising taxes and contributions in order to save security funds. According to a new report by the European Central Bank, at this point the Greek government must proceed...

Euclid Tsakalotos, Greece’s finance minister, told the parliament yesterday, February 8, that “we are dead” if the review of the new bailout program will not be completed soon and is delayed until May or June. His comments about the state...

Greece's creditors will not return to Athens for further negotiations on the bailout program implementation unless the Greek government cooperates, says a Market News International report. The quartet of representatives of Greece's lenders -- the European Commission, European Central Bank, European...

Bank shares crashed at the Athens stock exchange on Monday, losing 20 percent of their value within hours, due to continuous political instability. Greece is in the midst of violent protests over the building of migrant registration and hospitality centers,...

As the first round of talks between Greek government officials and the country’s official creditors has been completed, the mood among the former is on the upswing even though nothing specific has been agreed so far between the two...

The quartet of Greece's creditors remained adamant in their positions after nine hours of negotiations with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis that ended on Wednesday night. According to a source close to the talks, on the...

Greece proposed to its creditors on Tuesday raising the top rate of personal income tax to 50 percent in order to avoid increases in social security contributions. The top rate of personal income tax now stands at 42 percent and...