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Budget Office Chief: Eurogroup Decision Positive, but Road Towards Agreement Is Long

Eurogroup’s decision to approve the return of the mission chiefs in Athens is a positive development but the road towards the final agreement is long and unclear, the head of the parliament’s Budget Office, Panagiotis Liargovas, said on Wednesday. "The...

Parliamentary Budget Report: More Delays Could Cost Greece 4th Memorandum

The latest report from the parliament’s budget office is not favorable for the Greek government and its negotiating tactics. The report warns that any further delays in the completion of the second review would lead to a fourth memorandum,...

Government Aims to Receive 1.8-bln-Euro Tranche to Repay Debts to Private Sector in March

The Greek government aims to receive 1.8 billion euros in March which will be spent to repay state debts towards the private sector, sources from the finance ministry said on Thursday, responding to press reports. The same sources added that...

Labor Reforms, Fiscal Gap the Main Issues in Talks Between Government, Institutions, Says EC Source

Labor reform issues and the fiscal gap in 2018 will be the focus of the meetings between the Greek government and the heads of institutions who will return to Athens on Tuesday for talks on Greece’s second program review,...

Greece and Cyprus to Sign Cooperation Agreement on Expatriates

Deputy Foreign Minister responsible for Greeks Abroad Terens Quick and the Presidential Commissioner of the Republic of Cyprus Fotis Fotiou will sign a cooperation agreement on issues regarding expatriates. The memorandum provides among others, according to the Foreign ministry, the...

Greece Aiming for Agreement on 2nd Review by November 28, Finance Ministry Source Says

The Greek side is aiming for an institutions-level agreement on the second review by November 28, when the EuroWorking Group will meet to prepare for the Eurogroup on December 5, a Greek finance ministry source told the press here...

COSCO Says Greek Draft Bill Violates Terms of Landmark Piraeus Port Deal

The government submitted a bill for the approval of a concession agreement with Chinese multinational  COSCO on Wednesday. The draft legislation brought to Greek Parliament allows the Chinese shipping giant to acquire a majority stake in Piraeus Port (OLP),...

German Recognition of Armenian Genocide Puts EU-Turkey Deal at Risk

The Turkish government is outraged after German lawmakers voted for the recognition of the Armenian genocide. Turkish President Recep Tayyip Erdogan said that the vote would influence relations between the two nations, whereas Turkey has already recalled its ambassador...

Greece to Receive Next Bailout Tranche by June 13

Α source from the Greek Ministry of Finance said on Wednesday that the first installment of bailout tranches benchmarked for Greece, worth 7.5 billion euros (from a tranche worth 10.3 billion euros), will be disbursed by June 13. The same...

State Minister Pappas Optimistic an Agreement Can be Reached on May 24

Greek State Minister Nikos Pappas expressed his content over the outcome of the meetings with US government leadership in Washington while speaking on an ERT public broadcast. "The meetings with the leadership of the US government proved that all sides are...