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Greece Unlikely to Get 2 Bln Euro Bailout Installment on Tuesday

Tuesday's Eurowoking Group is unlikely to approve the release of a two billion euro bailout tranche to Greece, real.gr reports citing sources close to the ongoing negotiations. The Greek government and its international creditors were unable to bridge the differences that separate...

Greece-Creditors Still Disagree Over Bad Loans, Foreclosures

The second marathon negotiation between Greece and the quartet of international creditors ended at 5 am on Monday with the issues of bad loans and primary residence foreclosures still unresolved. According to sources close to the talks, the Greek team...

Negotiations Between Greece and Creditors Continue to Stumble

A new meeting between the Greek team and lenders representatives is scheduled on Sunday at noon after Saturday's 11-hour negotiation ended with issues still unresolved. Government sources said there was progress in talks, however several crucial issues are still pending....

Greece's 50 First Days Under the New Government Through Numbers and Figures

It has been 50 days since the second SYRIZA-ANEL coalition Greek government was sworn into power on September 23, 2015. Less than a month and a half into the new administration, Greece has already been through adversity on the political, economic...

IMF Spokesperson Notes Cooperation with European Creditors on Greek Bailout

International Monetary Fund (IMF) spokesperson Gerry Rice claimed during a news brief on Thursday, that the IMF is working with Greece's European creditors' to access the 86 billion euro bailout's development, Reuters reports. “We are working with our European partners to...

Fin Min: Greece to Return to Bond Markets Second Half of 2016

Greek finance minister Euclid Tsakalotos told Reuters that Greece plans to return to bond markets in the second half of 2016. Tsakalotos was in London on Tuesday to speak to international investors and meet with hedge funds. He reiterated that...

Szhulz Recognizes Greek PM's Request for Milder Bailout Demands Amid Refugee Crisis

Greek Prime Minister Alexis Tsipras met with European Parliament President Martin Schulz in Athens on Wednesday to discuss the refugee crisis as well as the bailout that the Greek government is attempting to implement. Tsipras reiterated the Greek government's position and that there needs...

Greek Govt to Vote Unpopular Reforms Amid Social Dissatisfaction

A turbulent November lies ahead for the Greek government that must vote on the second round of unpopular reforms required by the bailout program amid social dissatisfaction. The first review of the progress of the bailout program has to be...

Panhellenic Seamen's Federation to Hold 48 Hour Strike

The Panhellenic Seamen’s Federation announced that it would be holding a 48 hour strike starting on Monday, November 2 at 6 am. All Greek ferries will remain tied in ports across the country and no route will be serviced. Meanwhile,...

German Newspaper: Greek PM Resorting to Old Tactics

Bild newspaper argues that Greek Prime Minister Alexis Tsipras is returning to some of his past practices during the ongoing negotiations with international creditors. Greece and international creditors have yet to finalize an agreement on a list of reforms and measures that Greece must...