creditors

Despite the slight progress in the negotiations between the Greek government and the creditors' representatives, Greece could be faced with the risk of bankruptcy and exiting the euro in case the evaluation of the creditor's program is delayed until...

Prime Minister Alexis Tsipras contacted opposition leaders on the issue of the wikileaks regarding Greece's bailout and plans the strategy for the negotiations with creditors. According to an Ethnos newspaper report on Sunday, Tsipras is very angry at the International...

Former Greek finance minister Yanis Varoufakis said that Greece's ruling party SYRIZA will dwindle from 40 percent to 4 percent. Varoufakis gave an interview to The Economist where he predicts the fall of the Alexis Tsipras party: "There is no...

Greece is rushing to complete the bailout program review by April 13 so that the government can start discussing debt easing during the meeting of euro zone finance ministers April 15-17. Athens needs to close five pending issues before that...

The Greek Tourism Confederation (SETE), is expecting about 25 million tourists in Greece for 2016, and the earnings will augment to 15 billion euro instead of last year's 14.2 million, according to an interview to Bloomberg, by the president...

Greece's Government Council for Economic Affairs (KYSOIP) decided on Monday night that measures worth 5.5 billion euros are needed in order for Athens to come to an agreement with creditors on the bailout program. According to a government official under...

Inspectors from the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund are expected to return to Athens this week following a break for Catholic Easter to continue negotiations on Greece's bailout program. Creditors ask...

Greece's General Secretary of Fiscal Policy Frangiskos Koutentakis accused the International Monetary Fund of delaying the evaluation of the bailout program by making excessive fiscal demands and presenting inaccurate figures during negotiations. Koutentakis accused the IMF of "ideological obsessions and...

The Greek government proposed to creditors new taxes and levies on cars, fuel, real estate, mobile telephony, internet connection and cable television in order to close fiscal gaps until 2018. Athens needs to achieve a primary surplus of 3.5 percent...

German Finance Minister Wolfgang Schaeuble made several statements on Wednesday regarding Greece's negotiations with the creditors as well as the sustainability of the country's debt. According to the German Minister, Greece must find alternatives if the country cannot deliver on...