bailout

A draft omnibus bill legislating for the prior actions and milestones Greece must implement in exchange for a 1.0-billion-euro tranche of bailout loans has been tabled in Greek Parliament, following an agreement reached with Greece's creditors late last week. The...

One of the main principles of propaganda is to create imaginary enemies; vague, invisible entities, the "bad guys" in a simplified story of the good "us" against "them". Common phrases one would hear coming from the lips of the Greek...

The European Stability Mechanism is examining options to ease Greece's debt, including linking debt repayments to economic growth, according to a Wall Street Journal report. The report is based on a ESM document dated August 10, in which the EU...

Greece is selling two state-owned prime real estate properties in New York City and Washington DC as part of a privatization program required by the third bailout agreement, according to mignatiou.com. The Press and Information Office in New York City...

Greece wants the International Monetary Fund to abstain from the third bailout program and make the Greek debt, Greek Prime Minister Alexis Tsipras said. In an interview on state broadcaster station ERT on Monday night, Tsipras said that Greece had...

Greece needs to build a long-term, sustainable, less fragmented and more just pension system, European Commission Vice-President Valdis Dombrovskis told reporters on Monday. Dombrovskis spoke to the press on the sidelines of Monday's meeting of Eurozone finance ministers where Greece's...

The Greek government is racing against time to resolve seven important issues that remain pending in order to legislate prior actions required by the bailout program. Specifically, the deadline for legislating these measures is December 13 so that Greece can...

Greece is at risk of colliding with international creditors for delaying the implementation of the reforms required by the bailout program, that should have been completed in October. The security fund reforms that should have been voted in parliament by...

Greece is like a rudderless ship as the government delays implementation of the bailout program reforms, says German newspaper Die Welt. According to the report, the negotiations with creditors that lasted for months had a catastrophic effect on Greek economy. The...

The Bank of Greece predicts that recession will continue through the first half of 2016, according to information ahead of the publication of the latest interim report on Monetary Policy on Friday. According to a central bank source, the return...