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EU: Draft Deal on Greece Possible by Tuesday
A draft deal on Greece's bailout program can be finalized by Tuesday and a first disbursement by August 20 is possible, according to a...
Greece Makes 186.3-Million-Euro Interest Payment to IMF
The Greek government made a 186.3-billion-euro interest payment to the International Monetary Fund on Thursday.
Greece had made a delayed payment of 2 billion euros...
Greek FinMin: Deal with Lenders Possible by August 20
Greek Finance Minister Euclid Tsakalotos said on Tuesday that based on the progress of the negotiations with Greece ’s lenders, an agreement could be...
Athens Stock Exchange Drops After 5-Week Shutdown
The Athens Stock Exchange (ASE) dropped by 23% on Monday, after a five-week shutdown due to capital controls.
The Greek stock market opening was another step away from the...
Greek Embassy: ‘Greece Has Contributed to the Bulgarian Economy’
The Greek Embassy in Sofia, Bulgaria, sent out an official statement pointing out Greece’s contribution to the Bulgarian economy, describing it as a country...
Creditors' Technical Experts Arrive in Greece to Restart Negotiations on Third Bailout
Representatives from the European Central Bank (ECB), the European Commission, the International Monetary Fund (IMF) and the European Stability Mechanism ESM) have arrived in...
Another Greek Generation Lost…
“Broke and beset by the stigma of unemployment, young Greek men are putting off serious relationships and extending their childhood indefinitely,” Greek journalist Yiannis...
Greece Pays €6.8 Bln Installments to IMF and ECB
The bridge loan that Greece desperately needed in order to cover the installments to its creditors has finally arrived at the Bank of Greece (BoG).
“As Greece...
EU Greenlights 7 Billion-Euro Emergency Assistance to Greece
The European Financial Stabilisation Mechanism (EFSM) has granted Greece an emergency seven billion euro loan to cover its financial needs for the next three...
Significant Drop in Greek Industrial Production
While Greece is suffering due to the financial crisis and austerity measures imposed by its international creditors, the country has also suffered another blow....