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negotiations

Greek House Report: Protracted Negotiations Damaged Economy

The Greek government "underestimated" the financial costs of protracting negotiations for "political benefit," reads the report of the Parliamentary Budget Office for the January-March 2016 period. The PBO is an independent authority that monitors the state budget. The first 2016...

Tsipras Asks for EU Summit After Greece-Creditors Talks Fail

Greek Prime Minister Alexis Tsipras is to call European Council President Donald Tusk and ask for an emergency EU summit after negotiations between Greece and creditors failed to bear results. Greece's aim was to reach a staff level agreement with...

Alexis Tsipras: Greece Is and Remains a Safe Destination

Greece is and remains a safe destination and this must be Parliament's message to those choosing to spend their holidays in the country, Prime Minister Alexis Tsipras said on Wednesday. Addressing MPs during a debate on security requested by...

Yannis Dragasakis: Course of Public Finances in 2016 Will be Better than Expected

Government Vice President Yiannis Dragasakis estimated that the course of the public finances in 2016 will be better than expected, at an interview to "Kokkino 105.5" radio on Tuesday. Asked on the course of the negotiations with the institutions and...

Greece-Creditors Rush to Reach Draft Deal by Monday

The Greek team and creditors will try to reach a draft deal by Monday on the content of the measures Athens has to take in order to close the bailout program evaluation. "We had progress in almost all the issues...

Greece's Lenders Propose Drastic Cuts on Supplementary Pensions

Negotiations between Greece and its lenders continued on Saturday with the latter suggesting deep supplementary pension cuts and higher income tax on low and high incomes. The mission chiefs of the European Commission, European Central Bank, European Stability Mechanism and...

Greece Rushes to Complete Bailout Program Review by April 13

Greece is rushing to complete the bailout program review by April 13 so that the government can start discussing debt easing during the meeting of euro zone finance ministers April 15-17. Athens needs to close five pending issues before that...

Tsipras: Greece Will Implement Everything Agreed, 'Nothing Less, Nothing More'

The Greek side will implement the measures agreed on, "nothing less, nothing more," Prime Minister Alexis Tsipras said on Wednesday at the party's political secretariat meeting. According to party's sources, Tsipras underlined that the immediate conclusion of the program review...

Greek PM Tsipras: Pressure on Turkey to Accelerate Readmission Procedures

Greek Prime Minister Alexis Tsipras said in his address, on Sunday, to SYRIZA's Central Committee that respect to EU agreements on the migrant and refugee issue and pressure on Turkey to implement and accelerate readmission procedures will be his...

Technical Teams from the Institutions Return to Athens on Monday

The Greek authorities have made significant “improvements” to reform proposals in order to accommodate the wishes of the country’s lenders. Technical teams from the “institutions” will return to Athens on Monday, according to sources from the Greek Ministry of...