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Greece Will Not See Fiscal Gap in 2018/19, Insists Tsipras

Prime Minister Alexis Tsipras has reportedly told the Greek cabinet the country will hit financial targets ahead, days after international creditors agreed with Athens...

IMF Sees Fiscal Gap for Greece, Pension Cuts Might Come Sooner

The International Monetary Fund foresees a fiscal gap of 2.3 billion euros in the 2018 budget, which might mean that the pension cuts scheduled...

Greece Proposes New Taxes to Creditors to Close Fiscal Gap

The Greek government proposed to creditors new taxes and levies on cars, fuel, real estate, mobile telephony, internet connection and cable television in order...

European 'Troika' Meeting in Frankfurt Over Greek 'Fiscal Gap' Proved Fruitless

The new bailout program for Greece continues to divide the country’s international creditors as the International Monetary Fund (IMF) refuses to go along with...

Greece Faces Fiscal Gap for 2016

Greece’s parliamentary budget office warns in its quarterly report of the appearance of a fiscal gap for 2016, thereby sending shivers down the spine...

Fiscal Gap in Greece May Lead to New €30 Billion Loan

The projected primary surplus for 2014 is less than expected creating a fiscal gap in the 2015 state budget, something that may lead the...

Greece's Fiscal Gap Seen as Major Problem by Visiting Technocrats

Technocrats representing the country’s creditors had the first in-depth talks with Greek government officials during the previous days in Athens. In these first “reconnaissance”...