third bailout
Economy
At Davos, Greek PM Reiterates Greece’s Acceptance of IMF Role in New Bailout Program
A few days ago, Greek Finance Minister Euclid Tsakalotos said that Greece was not opposed to IMF’s participation in the new bailout program, which his government had signed in August 2015 with the nation’s official creditors.
Today, Greek Prime Minister...
Economy
ESM: Third Greek Bailout Likely to Be Smaller Than Planned
Greece’s third bailout loan from the Eurozone might ultimately be less than originally estimated. The European Central Bank announced the official Greek banks’ stress test results on Saturday, noting that the Greek banks’ need for recapitalization is less than...
Economy
Economy Minister: Greek Economy to Contract Less than 2.0 pct this Year
The Greek economy is expected to contract by less than 2.0 pct, maybe even 1.5 pct, Economy Minister George Stathakis said in a radio interview on Friday.
Stathakis noted, however: “I dare not give the exact number, but we hinted...