creditors

American Under Secretary of the Treasury for International Affairs Nathan Sheets asked Greek Finance Minister Yanis Varoufakis that Greece must "fully commit" to negotiations with creditors so that further financial aid is released to the country. Mr. Varoufakis met with...

A conflict within the Greek government was generated over the potential continuation of the single property tax (ENFIA). According to the creditors, the continuation of the ENFIA tax is included in the list of proposed reforms, while the government...

New tension has been created between Athens and creditors as the draft laws aimed at tackling the humanitarian crisis and giving debtors to the state the chance to repay in 100 installments have been considered unilateral moves, contrary to the...

The list of proposed reforms Greece sent to its international creditors bears many similarities to the requirements of the abandoned bailout program, the Memorandum. The terminology used is different though. European Commission sources, however, note that there should be further...

According to a recent study showing the per capita debt of each country, Greece is placed in 12th. However, countries that are considered as successful examples of fiscal policy are higher on the list. Japan with 127.1 million population comes...

Greek Finance Minister Yannis Stournaras was very critical of the Troika during his meeting with members of the European parliament, who are monitoring the activities of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) task force operating in EU...

Tim Worstall from Forbes magazine explains why Greece  shouldn't agree to British Empire style terms imposed by the IMF and the EU and why Greeks should tell their creditors to take a hike.  The Greek debt negotiations are getting into...