creditors
Economy
Withdrawal of 500 Euro Bill
The Bank of Greece is closely monitoring the safes of Greek citizens after ECB's intention to withdraw the circulation of the 500 euro bill.
Bank sources mention that one of the aims of this approach is to return amounts of...
Economy
Creditors Meet For Negotiations During the Weekend
The creditors' representatives will depart from Athens sometime between Sunday and Tuesday, announced a top member of the Finance Ministry, with many parts of the negotiation still being left open, as there was no agreement regarding the issues that...
Economy
IMF Still Disagrees With Greek Proposals on Bailout Program
Greece aims to come to an agreement with creditors on taxation, pensions and red loans by Friday, but the IMF remains strict on its demands on closing the fiscal gap.
Athens wants to complete the bailout program evaluation as soon...
Economy
WSJ: Risk of Grexit Might Return in July
Greece might be at the risk of exiting the eurozone in July as the country has difficulty reaching the fiscal targets required by the bailout program on time, a Wall Street Journal analysis says.
According to the report, the targets...
Economy
Creditors Arrive in Athens for Crucial Bailout Program Review
Greece's creditors arrived in Athens on Tuesday night in order to start the evaluation of the implementation of the bailout program with several issues still open.
The heads of the creditors' missions - Declan Costello of the European Commission, Nicola...
Economy
New Measures Expected After Creditors Evaluate Greek Bailout Program
New measures worth 2-2.5 billion euros is the solution that the International Monetary Fund and European creditors are likely to agree on after the evaluation of Greece's bailout program.
At the moment, the difference between the IMF and the European...
Economy
Greece's Program Evaluation Negotiations Stall
With Monday's Eurogroup approaching, there is no certainty as to when the progress of Greece's bailout program is to be evaluated, as the government is busy trying to handle the refugee crisis.
Both sides speak of a quick completion of...
Greece
George Katrougalos Blames the IMF for the Delay of Pension Reforms
"The voting of the bill on pension reforms has been significantly delayed and this is due to IMF's stance and its unreasonable demands," Labor Minister George Katrougalos on Thursday said in statements to Praktorio 104.9 FM.
The negotiation with the...
Economy
Crucial Meeting of Greece's Creditors in Brussels
Greece will be the main topic on the agenda in the meeting between the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund on Wednesday in Brussels.
The meeting has been arranged in order...
Economy
Evaluation of Greece's Bailout Program Progress Delayed
The evaluation of the progress of Greece's bailout program seems to be delayed further after Monday’s Euro Working Group ended without an agreement on when the lenders' mission chiefs will return to Athens.
During a reportedly tense meeting, the differences...