cutter

Greece may extend the fiscal contingency mechanism until 2019 in order to restart negotiations with creditors over the bailout program review, Prime Minister Alexis Tsipras said on Friday. The "cutter", as the mechanism is called, will apply only in case...

Government Spokesperson Dimitris Tzanakopoulos on Tuesday said that Greece is willing to agree on contingency fiscal measures beyond 2018 in order to close the second review of the bailout program. Tzanakopoulos called the measures "enhanced guarantee mechanism," which is similar...

Greek Finance Minister Euclid Tsakalotos said that more fiscal adjustment measures might be taken after Greece's third bailout program ends. Tsakalotos spoke to Sunday's edition of Kathimerini newspaper saying that there is a possibility lenders will ask for the automatic...