creditors
Economy
Greece's General Accounting Office Delays Payment of State Debts to Private Sector
Greece's General Accounting Office has failed to repay outstanding debts to the private sector on time, a prerequisite for the disbursement of the bailout loan subtranche of 800 million euros.
According to a Kathimerini newspaper report, the funds have been...
Economy
Standard & Poor's Upgrades Greek Credit Outlook Goes From Stable to Positive
Standard & Poor's rating agency (S & P) upgraded the Greek credit outlook to positive from stable on Friday.
"On July 21, 2017, S&P Global Ratings revised the outlook on the Hellenic Republic (Greece) to positive from stable. We affirmed the...
Economy
ECB Chief: Up to Greece to Decide Whether to Tap Bond Market
European Central Bank President Mario Draghi said on Thursday that it is up to Greece to decide whether to tap the bond market again, but it should be better to do so as part of an overall bailout strategy,...
Greece
Greek Government Remains Uncomfortably Silent on Second Referendum Anniversary
There were great celebrations about the re-opening of public television ERT in June, even a monument for the "fighters" of ERT was erected. Yet, what the SYRIZA-ANEL coalition forgot to do was to celebrate the second "proud No" anniversary,...
Economy
Six Prerequisites Pending Before Greece Gets €7.7 Bln Loan Tranche
Greece needs to legislate six prerequisites that remain pending before the next loan tranche of 7.7 billion euros is disbursed, a Real.gr report says.
The Greek government has six days to close the issues pending before the July 10 meeting...
Economy
Greek PM: 'We Will Not Seek Credit Line Under Supervision After Bailout Program Ends'
Greece is gradually leaving recession behind and returns to normalcy, and we will not seek a credit line after the bailout program ends in 2018, Prime Minister Alexis Tsipras said on Thursday.
The prime minister spoke on the sidelines of...
Economy
German FinMin Optimistic About a Compromise Deal Between Greece and Creditors
German Finance Minister Wolfgang Schaeuble on Tuesday appeared confident that Greece and its international creditors will reach a compromise deal this week, Reuters says.
Speaking ahead of the meeting of euro zone finance ministers on Thursday, the German official said...
Economy
President Pavlopoulos Urges German FinMin Schaeuble to Not Let Election Influence Stance on Debt Relief
In an interview published on Friday in the German newspaper Die Welt, the President of Greece, Prokopis Pavlopoulos, urged German Finance Minister Wolfgang Schaeuble to not let the German elections underway influence his decision on the debt relief program...
Economy
Greek Government to 'Freeze' Pensions Until 2022, as Creditors Require
Greece's creditors ask for the "freezing" of pensions for an additional year -- until 2022 instead of 2021 -- as a prerequisite to close the second review of the bailout program.
This new requirement comes as a result of the...
Economy
Creditors to Disburse Loan Tranche to Greece, But No Debt Relief Discussion
Greece's European creditors and the International Monetary Fund are to disburse the next loan tranche to Greece but the debt relief issue will not be discussed in the June 15 Eurogroup, according to a Real.gr report.
The report says that...