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Greece’s Public Debt Rose to 181.1 percent of GDP in 2018

Public debt in Greece and Italy grew last year, while the European bloc as a whole recorded an overall decrease in its liabilities, the...

Greece’s Public Debt on the Rise

Greece’s public debt reached €334.988 billion in the third quarter of 2018, an increase of €21.493 billion over that of the same quarter in...

German Press: Greece Will Likely Need Another ‘Bailout’ Due to High Debt

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial...

Greek Debt Rises in Third Quarter of 2017, Says Eurostat

Greece's public debt totaled 177.4 percent of GDP in the third quarter of 2017, up 1.3 percent compared with the second quarter of the...

Greek Parliament’s Budget Office Warns Private Debt Near Levels of Public Debt

Greek Parliament's Budget Office issued its quarterly report on Monday. The report signals a warning regarding the explosion of Greece's private debt that is...

Greek Debt Rises to 315.2 Billion Euros

The Greek state budget easily passed its goal of a 1.907 billion-euro primary budget surplus by recording a surplus of 5.44 billion euros from...
Greek Debt

Could Greece’s Debt and Bailout Plan Be Illegal?

By Belén Olmos Giupponi*, University of Stirling As Greece and its international creditors race to agree on a bailout deal, the issue of the legality of...

Greece Raises 1.1 Bln Euros from T-bill Auction‏

Greece successfully auctioned a six-month Treasury bill issue on Wednesday, raising 1.1375 billion euros from the markets at an unchanged cost. Greece's Public...

German Vice Chancellor Gabriel: Everyone Relieved by the Greek Deal

German Vice Chancellor and Social Democratic Party (SPD) President Sigmar Gabriel welcomed the Eurogroup’s agreement on the Greek issue during a visit to Madrid....

Hellenic Federation of Enterprises: National Consensus is the Only Way Out

The need for national consensus that constitutes “the only way out today” and the agreement of the political parties on four national strategy directions...

FT: Greece Will Miss Deadline For Reporting Revised Deficit Figures

"Greece will miss today’s European Commission deadline for reporting revised budget deficit figures for the past two decades, preserving a mystery about the degree...

Born In Debt: Greece’s History of Borrowing

“From the beginning, our state had no other choice than to live on credit. We were born in debt.” - Gerassimos Notaras, head archivist, historical...

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