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Greek Plan Vows to Keep Budget Surplus at 3.5% of GDP Until 2022
Greece has vowed to keep its primary budget surplus -- the balance before debt servicing -- at 3.5 percent of GDP until 2022 according...
Greek Debt Viability Trajectory Worse than Expected
The sustainability of the Greek debt over time is one of the major issues tackled by world economists and a new report by the...
ESM on Greek Debt Relief: We Shall See After August 2018
Greece's lenders will be able to determine if Greece needs further debt relief only in the summer of next year, the head of Europe’s...
Standard & Poor's Upgrades Greek Credit Outlook Goes From Stable to Positive
Standard & Poor's rating agency (S & P) upgraded the Greek credit outlook to positive from stable on Friday.
"On July 21, 2017, S&P Global Ratings...
Varoufakis: 'I Was Right About the Debt, and You Know it!'
Former Finance Minister Yanis Varoufakis replied to an article published in Kathimerini through his blog.
Here is his reply:
In a recent article entitled “Varoufakis and...
Greek Central Bank Warns of a New MoU in 2018; Lowers Growth Estimate
The Governor of the Bank of Greece Yiannis Stournaras, warned of the possibility of a new Memorandum of Understanding (MOU) with the country’s creditors...
EU Says Greece Needs Additional Debt Relief
The EU says that Greece will need more debt relief in order to win the trust of investors, even though it’s likely to exit...
ECB Still Looking for 'More Clarity' on Greek Debt Relief Before Buying Gov't Bonds, Source Says
A recent report by Reuters said that what kind of debt relief Greece will be granted by its international lenders is something which the...
OECD: Greek Economy to Grow 1.1 Percent in 2017, 2.5 Percent in 2018
Greek economy is expected to grow by 1.1 pct this year and by 2.5 pct in 2018, the OECD said in its Global Economic...
Creditors to Disburse Loan Tranche to Greece, But No Debt Relief Discussion
Greece's European creditors and the International Monetary Fund are to disburse the next loan tranche to Greece but the debt relief issue will not...