bailout

On the third anniversary of the referendum to decide whether Greece was to accept the bailout conditions imposed by its creditors, the political landscape of the country looks so much different. Former firebrands Alexis Tsipras and his SYRIZA-led government which...

Standard & Poor's (S&P) ratings agency has upgraded Greece's credit rating by one notch, from 'B' to 'B+' According to the Associated Press, S&P said Greece's debt risks are now reduced following last week's decision by the country's international creditors to...

Athens has its eyes on Luxembourg this Thursday as a crucial meeting of eurozone finance ministers is expected to decide on Greek debt relief and what will happen the day after the bailout ends in August. Greece has ratified the prerequisites...

Greece will be subject to strict surveillance by European institutions after the end of the third bailout program in August. According to a document seen by Greek newspaper Kathimerini, Athens will be obliged to meet fiscal targets and continue implementing...

On Monday Greece's privatization agency (HRADF) announced that the country has come to an agreement with its foreign creditors on how to proceed with the privatization plan of the gas company DEPA by launching a tender in November to...

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

A week before a crunch eurozone meeting for Greece, and on the same day Greek lawmakers passed a raft of economic reforms -- the so-called 'prior actions' the European Stability Mechanism (ESM) released to Athens a tranche of €1 billion...

Greek lawmakers have narrowly passed a bill containing a series of economic reforms by 154 votes to 144. Thursday's vote took place ahead of a major Eurogroup meeting scheduled for June 21 which will see international creditors agree terms for...

European Commissioner Pierre Moscovici has said a final agreement covering Greece's post-programme period, surveillance and debt relief will be reached at the June 21 Eurogroup meeting. In an interview with the newspaper Kathimerini on Tuesday, Moscovici said: "I am certain...

Greece has committed to five important fiscal actions for after the end of the bailout program in August, while the new omnibus bill to be ratified in parliament on Thursday includes some relief measures for taxpayers. According to a Kathimerini...