bailout

The addition of contingency measures worth 2.7 billion euros creditors require of Greece puts a new hurdle in the bailout review talks, despite the fact there was significant convergence on Thursday. Greece's lenders have asked for the measures to be...

German Finance Minister Wolfgang Schaeuble said he is doubtful whether Greece’s bailout will succeed in the long term, yet he cited progress on the present task of concluding the program review. “We can make it, I’m not that pessimistic, we’ve...

Former Greek prime minister and leader of the Socialist Democrats Movement Giorgos Papandreou said he didn't want the International Monetary Fund in Greece's bailout in 2010, but he accepted upon Germany's insistence. In an interview on SKAI television, the former...

European Commission President Jean-Claude Juncker said that Greece does not need any additional measures, but rather time and to take ownership of the measures agreed. In an interview published in MNI and Euro2day.gr, Juncker explained that the European Commission will...

International Monetary Fund Managing Director Christine Lagarde said that the European Union and IMF common goal is to help Greece out of the crisis and return to growth. Speaking to French newspaper Le Figaro, Lagarde said that the differences between...

Prime Minister Alexis Tsipras spoke to German Chancellor Angela Merkel on Tuesday in an effort to find a political solution to prevent additional fiscal measures for the completion of Greece's bailout review. The two state leaders spoke on the telephone with...

The mission chiefs of the European Commission, European Central Bank, European Stability Mechanism and International Monetary Fund returned to Athens on Tuesday to continue talks on the bailout review. As Finance Minister Euclid Tsakalotos has said while in Washington for...

European Commission Vice President Valdis Dombrovskis estimates that an agreement between Greece and its creditors over the bailout program review is feasible "within weeks." Speaking to the Wall Street Journal, Dombrovskis said that the EC has not set any deadlines...

Creditors proposed that Greece must implement additional fiscal measures "in waiting" worth 2.7 billion euros in order for the bailout program review to be completed. Greece rushes to complete a draft agreement with creditors before the crucial meeting of euro zone...

The Greek bailout program is not heading for a crisis, Eurogroup President Jeroen Dijsselbloem told CNBC on Thursday, saying that the completion of the review is close. "We're getting very close (to an agreement) so I'm not for all this...