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German Chancellor Merkel Says Greece’s Mitsotakis Promised Quick Reforms

German Chancellor, Angela Merkel, revealed on Wednesday that Greece’s new Prime Minister, Kyriakos Mitsotakis, promised in a phone call that he would quickly implement...

Greek Economy Still Not Competitive, Survey Suggests

The International Institute for Management Development (IMD) published its new World Competitiveness rankings for 2019 on Tuesday, in which Greece not only remained very low...

Germany’s Schaeuble Admits Greece in Much Better Shape Now

Germany's former finance minister Wolfgang Schaeuble admitted on Friday that the Greek economy is in a much better position than it was eight years...

Eurogroup Approves Disbursement of 978 Million Euros to Greece

The Eurogroup on Friday approved the positive recommendation of the College of Commissioners for the disbursement of the 978 million euros which are owed...

EU Opens Way For Disbursement of €1 Billion to Greece

The College of Commissioners of the EU approved the updated Enhanced Surveillance Report on Greece on Wednesday, which states that all agreed-upon reforms have...

IMF Hails Greece’s Recovery But Warns Risks Still Remain

The International Monetary Fund (IMF) published its first "Post-Program Monitoring Report" on Greece's economy on Tuesday, after the country's exit from the last bailout...

Moody’s Upgrades Greece’s Rating by Two Notches

Rating agency Moody's announced on Friday it has upgraded Greece's sovereign credit rating by two notches from "B3" to "B1" with a stable outlook. In...

EU’s Moscovici Calls on Greece to Hasten Reforms

EU's Economy and Finance Commissioner Pierre Moscovici said on Thursday that Greece must deliver on its promised reforms to send a positive signal to...

EU Blocks Cash to Greece Over Delays on Reforms

Greece's creditors decided on Wednesday to postpone a 750 million euro ($854.4 million) payment to Greece following concern over the country's foot-dragging over reforms. In...

Greek Opposition Leader Promises Lower Taxes, Reforms (video)

Greece's opposition leader Kyriakos Mitsotakis promised sweeping changes to his nation's economy during an exclusive interview with CNBC on Tuesday. Speaking before the upcoming Greek general...

EU Warns Greece It May Lose €750 Million in Funds

The European Commission reportedly warned Greece today that it risks losing €750 million in funds if it fails to complete a raft of reforms...

EU Positive on Greece’s Growth But Encourages Reforms

The European Commission on Thursday revised their forecast for Greek economic growth slightly upward in 2019 and 2020, but warned that the nation's economic recovery...

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