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Athens hoping for “political agreement” at crucial Eurogroup meeting

By   /  19/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens hoping for “political agreement” at crucial Eurogroup meeting

Greek Finance Minister will attend a crucial Eurogroup meeting on Monday hoping for “a political agreement” to wrap up the review of its bailout program, having pointed out in recent weeks that “delays are not in the benefit of Greece or Europe”. Over the last few days, deliberations have continued between Greek government officials and […]

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New Democracy leader Mitsotakis in Berlin to meet Chancellor Merkel

By   /  12/02/2017  /  GR Politics, Greece, Politics  /  Comments Off on New Democracy leader Mitsotakis in Berlin to meet Chancellor Merkel

  ND president Kyriakos Mitsotakis will visit Berlin, a two-day visit on Monday 13th and Tuesday, February 14th. According to the ND leadership, the visit is considered crucial, as the President of ND will have extensive meetings with Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble. Kyriakos Mitsotakis who has until now had only short […]

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Athens says “no” to legislation of fresh austerity measures

By   /  17/01/2017  /  Uncategorized  /  Comments Off on Athens says “no” to legislation of fresh austerity measures

The Greek government will never accept the legislation of new measures, spokesman Dimitris Tzanakopoulos said during a press briefing on Tuesday. The statement follows reports suggesting Athens is preparing to make concessions to creditors in order to wrap up the review of its bailout program. Officials, however, are adamant that the Tsipras administration is not […]

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Institutions e-mail list of concerns to Athens over social benefits

By   /  23/12/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Institutions e-mail list of concerns to Athens over social benefits

An e-mail was delivered to Athens on Thursday with which its creditor institutions request clarifications regarding the Greek government’s recent controversial decision to hand out social benefits. Local media reported that European Stability Mechanism sources expect an answer from Greek authorities before Christmas. Greek government sources said Athens would provide assurances that the 617 million […]

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Social benefits spark further controversy

By   /  18/12/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Social benefits spark further controversy

A “war” of words broke out over the weekend between the Greek government and main opposition party New Democracy. On Sunday the Prime Minister’s office issued an announcement responding to statements made by conservative party leader Kyriacos Mitsotakis on Saturday attacking the government over its handling of the economy and negotiations with the country’s creditors. […]

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IMF demands lower Greek primary surplus targets

By   /  09/12/2016  /  Finance, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on IMF demands lower Greek primary surplus targets

The International Monetary Fund (IMF) revealed Thursday that Greece will have to implement extra austerity measures in the event that its European creditors insist on extending extraordinarily high primary surplus targets beyond the end of the current bailout program in 2018. During a press briefing, IMF spokesman, Gerry Rice, said that contrary to perception in […]

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