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bailout program

Dijsselbloem: Eurozone Countries Asked Too Much From Greece

During an interview on Dutch television current affairs program Nieuwsuur on Saturday, former Eurogroup chief Jeroen Dijsselbloem stated that the Eurozone countries asked too much from Greece regarding the bailout program and reforms that the country has been living...

Bob Traa: Greece Needs 30 Years to Stabilize From the Economic Shock of the Bailout Program

The bailout program that lasted for eight years has negative "long-term consequences" on the demographics in Greece, according to Bob Traa, the first International Monetary Fund representative in Greece after the country signed its first bailout program. In an article...

Euro Working Group Head Thomas Wieser Labels IMF Demands 'Ridiculous'

In an interview with Austrian newspaper "Salzburger Nachrichten," Euro Working Group Head Thomas Wieser expressed his positive outlook for Greece in the upcoming June 15 Eurogroup and at the same time didn't hesitate to label the excessive demands of...

Handelsblatt: IMF's Lagarde Offers Eurozone Greek Debt Compromise

A new offer by International Monetary Fund Managing Director Christine Lagarde may get Greece's creditors out of the impasse they are in which will allow for the euro zone to release a tranche of aid, says a Reuters report. Lagarde's...

Tzanakopoulos: Agreement on June 15 That Will Satisfy All Sides Involved

"On June 15 there will be an agreement which will satisfy all the involved sides and there is not a single chance to get into a crisis situation or to need to take recourse to political solutions (early elections),"...

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 at the Eurogroup on February 20 and will figure out the details later, Finance Minister...

Greece's PM Tsipras: No Point to Early Elections

"Not even one euro measures" is the title of the exclusive interview between Prime Minister Alexis Tsipras and Efimerida ton Syntakton. Asked on the scenarios of early elections, he said he is opposed to that prospect not because he is...

Lagarde Assures Schaeuble: The IMF Plans to Stay Involved in Greece's Bailout Program

During the World Economic Forum in Davos this week, Christine Lagarde, the managing director of the International Monetary Fund (IMF), reportedly told German Finance Minister Wolfgang Schaeuble that her organization plans to stay engaged in the bailout talks for...

Tsipras Expects Greece's Bailout Program Will End Well in 2018, 'Without Additional Measures'

Speaking in the city of Iraklio during his two-day visit to Crete, Prime Minister Alexis Tsipras on Tuesday ruled out the possibility that Greece will agree to additional measures to be implemented after the bailout program. Both the program...

Dijsselbloem Urges European Lenders to Be 'Realistic' in Setting Greece's Fiscal Targets

On Monday the president of Eurogroup, Jeroen Dijsselbloem, told eurozone finance ministers that the time for realistic expectations regarding Greece's fiscal targets is on the horizon as he bluntly stated: "We need to be realistic" about setting expectations for the...