Greek bailout

Greek Finance Minister Euclid Tsakalotos and IMF Managing Director Christine Lagarde discussed on Saturday night the creditors' proposal which illustrates contingency-measures that Athens will have to adopt in case it does not make its fiscal goals, as presented at...

Euro zone finance ministers are likely to start discussing debt relief for Greece on the sidelines of the IMF's spring meetings in mid-April, if Athens has implemented the required reforms package by then, euro zone officials told Reuters. Representatives of...

IMF managing director Christine Lagarde sent a letter to Greek PM Alexis Tsipras regarding an IMF staff conversation that was leaked and described that IMF is will not participate in the Greek programme because it has fears for bankruptcy...

The International Monetary Fund (IMF) has admitted on several occasions in the recent past that it made serious errors in its assessment of the impact of the austerity measures on the Greek economy. Indeed, instead of projected growth, expansionary austerity...

Greek finance Minister Euclid Tsakalotos says IMF should respect a country’s acquired social benefits and entitlements in an interview in the daily Ta Nea. At the same time, Mr. Tsakalotos is careful not to cause further friction between his government...

Hellenic Bank Association president and National Bank's chief Luca Katseli said in an interview with Kathimerini newspaper, on Sunday, that the possibility of a deposits haircut and a new banks recapitalization is out of the question. "Greek systemic banks just came out...

One of the ongoing debates both among economists and policymakers is over the failure of the Greek bailout programs. Why is Greece still in a deep recession six years after it got shut out of global private credit markets...

When the European Union (EU) and the International Monetary Fund (IMF) came to Greece's rescue in May 2010 with a 110 billion euro bailout loan in order to avoid the default of a eurozone member state (a second bailout...

Greece’s ongoing protests by the nation’s farmers, professionals and working class people against the government’s plans for pension reform and raising new tax revenues are having effects across the economy, according to market analysts, thereby adding additional pressures to...

Greece’s former house speaker Zoe Konstantopoulou posted an article on her website titled “Who’s Afraid of the Truth” that deserves to be read and widely discussed. It sheds a critical light on the inside story of Syriza’s capitulation –...