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SPD’s Scholz Bags German Finance Post, Raising Greek Hopes of Debt Relief

Greek hopes of debt relief were strengthened on Wednesday with the likely appointment of a center-left finance minister in Berlin, as German politicians finally agreed on...

Moody’s Upgrades Greece by Two Notches to B3

Moody's ratings agency upgraded Greece's rating by two notches late on Wednesday to B3 from Caa2, saying the country will successfully conclude its third...

Delay Hits €5.7B Greek Bailout Payment

Greece failed to receive a fourth €5.7-billion ($7 billion) tranche of bailout funds on Monday, despite a senior EU figure confirming Athens had met "99...

EU: Greece Needs to Close Pending Prerequisites before Disbursement of Loan Tranche

Greece needs to complete three important prerequisites before the EU disburses the next loan tranche of €5.7 billion euros, a European official said, according...

Greece Close to Ending Third Program Review

The Eurogroup Working Group (EWG) acknowledged on Thursday the implementation by Greece of most prior actions required to complete the country's third program review, according...

EU’s Moscovici: Greece Needs ‘Suitable Supervision’ after Program Ends

Greece finally sees the light at the end of the tunnel, but a suitable form of supervision is needed for years after the bailout...