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Greece's Economy Contracts 0.4% in Fourth Quarter

Greece's economy contracted in the fourth quarter of 2016, according to a Hellenic Statistical Authority (ELSTAT) report released on Tuesday. Gross domestic product declined 0.4...

Government Wants 'Political Solution' for Program Review at Next Eurogroup

Greece wants to achieve a "political solution" on the whole package of measures (reforms, primary surpluses, mid-term measures on debt) negotiated with its lenders...

Greek FinMin Meets With Creditors to Unlock Talks on Bailout Program Review

Greek Finance Minister Euclid Tsakalotos will meet with creditors' representatives in Brussels on Friday to receive their proposals in a last minute effort to...

European Institutions and IMF Working Together as Foreseen in ESM Charter

The European institutions and the International Monetary Fund (IMF) are working within the framework of the agreements and commitments set out in the European...

Eurogroup Outcome Negative for Greece

Greece's efforts to unlock negotiations on the bailout program review have failed as euro zone finance ministers on Thursday did not set a date...

German FinMin Insists on IMF Participation in Greek Bailout Program

German Finance Minister Wolfgang Schaeuble said that if the International Monetary Fund doesn't take part in Greece's bailout program, a new round of negotiations...