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negotiations

Greek PM Says Bailout Program Review Will be Completed on Time

Greek Prime Minister Alexis Tsipras on Monday told reporters that uncertainty will end regarding the stalled negotiations over the bailout program review. As the International Monetary Fund Board of Directors meets later on Monday, the Greek PM held a meeting...

Greece to Propose Lowering Tax-Free Threshold to Avoid Pension Cuts

Greece is to lower the tax-free threshold for low incomes in order to close the evaluation of the bailout program, a Kathimerini report says. The proposal for lowering the tax-free threshold to incomes of 6,000 euros per year and above...

Greece Admits Implementation of Only 1/3 of Required Reforms

The Greek government admitted on Tuesday evening that only one-third of required measures and reforms required by the bailout program have been implemented. Maximos Mansion confirmed a Bloomberg report on Monday saying that almost two-thirds of the required reforms are...

Creditors Ready to Make Proposal to Greece to Close Bailout Program Review

Greece's creditors are ready to make a proposal for austerity measures along with debt relief measures in order to close the second review of the bailout program. According to European officials, creditors will send a letter to Athens asking for...

SYRIZA MP Comment on Grexit Generates Reaction From Opposition

A comment about Greece returning to the drachma made by SYRIZA MP Nikos Xydakis generated reactions from opposition parties, even though he played down his statement later on Tuesday. Xydakis spoke on Skai television on Tuesday morning saying that the...

EU Commission Satisfied Over Progress in Negotiations With Greece

European Commission spokeswoman Annika Breidthardt on Tuesday expressed her satisfaction over the progress made in the negotiations between the Greek authorities and the institutions. As she said, "good progress" was made in the negotiations. Breidthardt noted that the departure of the...

French President Praises Greek PM Tsipras for 'Unblocking Negotiations' in 2015

French President Francois Hollande praises Greek Prime Minister Alexis Tsipras for unblocking bailout negotiations in 2015, in a chapter of a new book about him. The book "Private Discussions with the President" appeared in French bookstores on Wednesday. It is...

Greek Finance Ministry Denies Allegations that Prolonged Negotiations Inflated State Debt

Greek finance ministry sources on Tuesday rejected main opposition party allegations that a prolonged negotiations process with creditors further burdened the country's public debt. "For those alleging that the real economy was hurt by the negotiations, we encourage them to...

Poll: Almost Nine in 10 Greeks are Dissatisfied With the Govt

A new poll by the University of Macedonia on behalf of privately owned Skai TV found that seven in 10 Greeks believe that the government's negotiation strategy led to delays in bailout review conclusions that were against the country's interests. The...

Juncker: IMF 's Demand for Contingency Measures Is 'Unreasonable and Unconstitutional'

The specific contingency measures demanded from Greece by its creditors are unreasonable and unconstitutional, European Commission chief Jean-Claude Juncker said on Wednesday, according to a report by German MNI agency. Quoting unnamed sources, the agency said European Commission's VP Valdis...