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Draghi says Greek QE hopes rest on review conclusion

By   /  06/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Draghi says Greek QE hopes rest on review conclusion

  European Central Bank (ECB) president, Mario Draghi, outlined the necessary steps Greece must take in order for the country to be included in the ECB quantitative easing (QE) program. Speaking to Members of European Parliament on Monday, the ECB chief pointed out that Athens should conclude the review of its bailout program leading to […]

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Athens takes first step towards conclusion of review

By   /  24/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens takes first step towards conclusion of review

Athens looks resigned to offering concessions to its creditors in order to wrap up the stalled bailout review. Finance Minister Euclid Tsakalotos is scheduled to take part in a crucial Eurogroup meeting in Brussels on Thursday which could pave the way for the troika to return to Athens next week. A spokesman for the European […]

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Government, creditors make significant progress in 2nd review talks

By   /  24/10/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Headlines, Politics, Social  /  Comments Off on Government, creditors make significant progress in 2nd review talks

Greek government ministers continued negotiations with the country’s creditors over the weekend, during which significant progress was made. According to a high-ranking Greek finance ministry official, an agreement in principle was reached over a draft plan for the creation of a legislative framework for out-of-court settlement of debt accumulated by businesses and the self-employed. Finance […]

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