creditors

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...

Greece is the euro zone champion in non performing loans, according to a study conducted by the International Monetary Fund. Bad loans in euro zone countries add up to almost 900 billion euros, and about 100 billion are owed by...

The International Monetary Fund urges European creditors to offer Greece substantial debt relief because the country's debt is "highly unsustainable," according to Reuters. The report cites a draft memorandum seen by Reuters. It refers to differences among Greece's lenders --...

The tax reform plan and the security reform plan will be filed in Parliament next week, said Finance Minister Euclid Tsakalotos, in a press conference with Finance Minister George Stathakis and Labor Minister Giogros Katrougalos. The goal is for both...

Another long meeting between Greece and its international creditors ended early Tuesday without the two sides coming to a preliminary agreement on the bailout program. Negotiations stopped because the mission chiefs of the European Commission, European Central Bank, European Stability...

Greece and its international lenders did not come to an initial agreement after 10 hours of talks that concluded early Monday morning. Negotiations will resume at 3:00 in the afternoon. The two sides are close to a compromise on several...

The Greek team and creditors will try to reach a draft deal by Monday on the content of the measures Athens has to take in order to close the bailout program evaluation. "We had progress in almost all the issues...

Negotiations between Greece and its lenders continued on Saturday with the latter suggesting deep supplementary pension cuts and higher income tax on low and high incomes. The mission chiefs of the European Commission, European Central Bank, European Stability Mechanism and...

The mission chiefs of Greece's creditors have left for Brussels and will return to Athens on Saturday to continue talks with the Greek side on the pending issues of the bailout program evaluation. On Saturday, the quartet of creditors will...

In an interview with Berlin newspaper "Tagesspiegel," Finance Minister George Stathakis said that if the agreement between the Greek government and the creditors is achieved, Greece could return back to a growth development in the second half of 2016. Stathakis...