creditors
Economy
Greek Government Rushing to Complete Prior Actions
It has been 12 days since the Greek parliament ratified a list of prior actions that would pave the way for the disbursement of two billion euros of the bailout funds to Greece.
A few days later representatives of the country's international...
Economy
Greek Government: 90% of Bailout Agreements Required Have Been Implemented
With the Greek government and international creditors having failed to reach an agreement that would unlock two billion euros of bailout funds to Greece, the progress of the Greek bailout appears to be delayed. The Greek government however argues that...
Economy
Greek Gov't to Implement Unpopular Measures Before Bank Recapitalization
The long list of prior actions the Greek government has to implement in order to receive the 2-billion-euro subtranche from its bailout program has generated strong reactions among Greek citizens.
Greece's creditors expect Athens to proceed with the measures and...
Greece
Meeting Between Greek Economic Staff and Creditors' Reps Underway
A meeting between Greece's economic staff and creditors' representatives on the implementation of the prior actions required by the bailout program is underway.
On the Greek side, Finance Minister Euclid Tsakalotos and State Minister Alekos Flambouraris participated in meetings on...
Economy
Creditors Return to Greece to be Briefed on Progress of Reforms
Mission chiefs of the quartet of Greece's international lenders will visit Athens briefly on Tuesday to be briefed about the progress of reforms, following the parliamentary approval of the legislation last week.
Delia Velculescu from the International Monetary Fund, Rasmus Rueffer from...
Economy
Delay in Reforms Implementation by Greek Gov't Might Stall Loan Tranche
Despite the fact that the omnibus bill, which includes austerity measures agreed upon with Greece’s creditors was voted on during yesterday’s plenary session, only 30 percent of prior actions required by the bailout program have been legislated.
Now the finance...
Economy
Greece Could Miss Target On Bailout Actions; More Austerity Ahead
The Greek government could soon be under pressure to consider additional reforms and measures to achieve the agreed fiscal targets of the bailout deal, Greek media reports.
The representatives of Greece's international creditors are currently in Athens in preparation of Friday's parliament vote...
Education
Archbishop Ieronymos Claims Europe Is Against Greek Orthodoxy
Archbishop Ieronymos II of Athens and All Greece accused Europe and the Greek government of trying to alter Christian Greek society and the identity of Greek people.
Ieronymos spoke on the occasion of a recent government proposal to make easier...
Greece
Greek PM Tsipras: We Must Work Hard and Meet People's Expectations
Greek Prime Minister Alexis Tsipras addressed his ministers in the first cabinet meeting saying that they must work hard and meet people's expectations and that they will be judged for their work in six months.
"We must honor the support...
Economy
More Austerity Awaits Greeks in Election Aftermath
Greeks are bracing to face a series of austerity measures and harsh reforms in the aftermath of the election that brought to power the previous coalition of SYRIZA and ANEL.
About fifty measures and reforms have to be implemented by...