bailout program

Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits its European Union / International Monetary Fund (IMF) bailout program, Bank of Greece (BoG) Governor Yannis...

Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...

The International Monetary Fund (IMF) expressed its opposition to the Greek government's plans to rely solely on commercial markets for financing, after Prime Minister Antonis Samaras revealed that the country might exit its bailout program ahead of schedule. In...

The Greek government is pressing its international lenders to exclude the pension reform plan from the backlog of reforms that need to be completed before exiting the bailout program, Reuters reported. With the final review over its progress on the bailout...

Cyprus intends to sell debt for a second time this year in order to exit its international rescue program before it was officially planed, Cypriot President Nicos Anastasiades revealed today in an Milan interview, on the sidelines of the...

Eurozone officials have told Reuters that Greece appears to have second thoughts about a full-blown return to market funding. The report follows purported pressure on the Greek government from EU powers as well as investors who sold off Greek...

Greece's exit from the memorandum dominated yesterday's discussion between Finance Minister Gikas Hardouvelis and International Monetary Fund (IMF) chief Christine Lagarde in Washington. Greece has initiated a series of talks to end International Monetary Fund aid to the country, but will continue...

The second round of talks between Greece and the troika is likely to be tougher than expected after managing director of the International Monetary Fund Christine Lagarde indicated on Thursday that Greece should maintain a lifeline with the Fund...

Greece’s lenders are insisting that the country remains subject to an economic bailout program, according to financial newspaper Bloomberg, which has cited two anonymous officials. European financial support for Greece is set to expire at the end of 2014, although the...

The Greek economy, European policy issues as well as current foreign policy initiatives are expected topics of conversation during a working lunch between Prime Minister Antonis Samaras and German Chancellor Angela Merkel on Tuesday in Berlin. The meeting was arranged by the...