Greece
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Christos Staikouras

New Democracy Urges Greek Govt to Stop 'Disrupting' Implemented Reforms

Greek main opposition New Democracy urged the government to work “methodically, effectively and with a plan” to avoid disrupting the reforms that have been implemented “with great sacrifice” in the last two years. New Democracy Economic Affairs Coordinator Christos Staikouras said...

New Democracy Leader: 'The Government is Lying to Greek People'

New Democracy leader Antonis Samaras lashed out at the government on Thursday, urging it to stop lying to the Greek people and delaying the implementation of the February 20 agreement. Samaras released the agreement document, which has the signature of...

German Govt Refuses 11 Billion Euro Debt over Nazi Occupation Loan to Greece

The spokesperson for the German Ministry of Finance, Martin Jager, during a public appearance yesterday ruled out the possibility of a Greek debt haircut. While commenting on scenarios on an electoral win of Greek main opposition party, SYRIZA, he...

Germany Owes Greece 11 Billion Euros From the Nazi Occupation Loan

Germany owes the impressive amount of 11 billion euros to Greece, solely due to the forced occupation loan taken by the Nazis during World War II and which remains unpaid until today, a new official Greek report, handed to...

Greek Primary Surplus Target at Risk

A drop in tax collection and political uncertainty has made the target of 8.43 billion euros in state revenue very hard to attain, therefore putting the primary surplus target at risk. The target for the 2014 primary surplus was to have...

Alternate FinMin Staikouras: Greek Govt Achieves the Fiscal Targets it Sets

Fiscal targets set by the Greek government were achieved for the third consecutive year with an additional significant primary surplus for the third time, while the country entered a period of positive economic growth, said today Alternate Finance Minister...

Greece-Troika Talks in Paris Reach Dead End

After two days of marathon negotiations in Paris, Greece and its international lenders have failed to reach a deal regarding the country’s austerity and reform program, while Greece is approaching the deadline to strike a new financing deal with its...

Greek Gov't and Troika to Meet November 25 in Paris

The Finance ministry on Monday announced that late on Sunday it was agreed that the government representatives and the troika would meet on November 25, in Paris, to speed up the evaluation process and decide on forthcoming steps. Greek Finance...

Greek Banks to Implement Law on 'Bad Loans'

Greek banks are ready to implement the law on "bad loans." This emerged after today's meeting at the government headquarters between Prime Minister Antonis Samaras, government Vice President Evangelos Venizelos, Finance Minister Gikas Hardouvelis, Alternate Finance Minister Christos Staikouras,...

Greece's Primary Surplus Beats Target

The Greek government announced on Tuesday that the country has achieved a primary surplus of 2.5 billion euros, or 1.4% of gross domestic product, between January and September. Alternate Finance Minister Christos Staikouras stated that the primary surplus has surpassed the target...