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IMF Blog Explains Steps for Management of Sovereign Debt

The International Monetary Fund has explained its position regarding management of sovereign debt, including the Greek debt. In a piece on the management of sovereign...

Greek Draft Law Approved to Save 'Viable' Businesses from Huge Debts

A meeting by the Government Council for Economic Policy -- chaired by Greek Vice President Yiannis Dragasakis -- on Wednesday approved a draft bill...

IMF Report: Pension Reductions, Tax and Labor Changes Needed

The International Monetary Fund (IMF) Greek Head Delia Velculescu held a conference call with reporters on Friday. She stated that Greece’s growth outlook remains...

The Guardian: Fear of Default Grows in Greece

The fear of default has appeared again in Greece, after talks between Athens and lenders on the bailout program review have stalled over the...

German Finance Minister Urges Greece to "Do More"

The finance ministers of France and Germany have voiced hope that Athens will soon reach a new bailout deal with its international lenders. Both...

Greek Farmers Continue Blockades After Failed Talks With Tsipras

Talks between Prime Minister Alexis Tsipras and representatives of protesting farmers on Monday evening failed to find a solution on a month-long blockade of...

Technical Teams from the Institutions Return to Athens on Monday

The Greek authorities have made significant “improvements” to reform proposals in order to accommodate the wishes of the country’s lenders. Technical teams from the...