European Stability Mechanism

The Greek government tabled a new draft bill in parliament that includes several painful measures and reforms, required for Greece's third bailout deal. The government filed the "Draft Agreement for Financial Assistance from the European Stability Mechanism and adjustments for the implementation of...

The aim of the Greek side is to reverse the deregulation of the five-year Memorandum policy, Labor Minister Giorgos Katrougalos said on Monday after a meeting with representatives of the European Central Bank (ECB), the European Commission, the European Stability...

The International Monetary Fund (IMF) is present and fully participates in the negotiations for Greece's third program, European Commission spokeswoman Mina Andreeva said. Asked about the non-participation of the IMF in the Greek program until necessary measures for debt relief are...

The creditors' representatives took over negotiations from technical teams in Athens but it is uncertain whether Greece will secure a bailout agreement by August 20. With SYRIZA struggling for unity as almost one third of MPs are against the proposed bailout deal,...

Representatives from the European Central Bank (ECB), the European Commission, the International Monetary Fund (IMF) and the European Stability Mechanism ESM) have arrived in Athens, Greece, in order to restart negotiations regarding the country’s much needed third bailout program. Shortly...

Greece will start talks with its international creditors over a new bailout package on Tuesday, while the mission chiefs will arrive in Athens with a couple of days delay for technical reasons. "The reasons for the delay are neither political...

After voting two sets of austerity omnibus bills, the Greek government is to enter a bailout negotiation process with a critical August 20th deadline. Pierre Moscovici, the European Commissioner in charge of economic issues, has said that Brussels is opting...

Greece's parliament approved a second set of austerity measures into laws on Thursday; a requirement for the country to receive a bailout deal by its creditors. Greece moved closer to seal a new bailout deal, the third one, with the European Central...

The institutions, formerly known as the Troika, are back in Athens. Representatives of the European Central Bank (ECB), the European Commission  the International Monetary Fund (IMF) have returned to Greece. This time, however, there will be a fourth organization delegating officials in...

New Democracy caretaker leader Evangelos Meimarakis will soon address the matter of the party’s future leadership, according to reports. Following Antonis Samaras’s resignation, Meimarakis, a long-time New Democracy MP who has served as Minister of Defence, has avoided publicly discussing the future of...