creditors

'Overwhelming Odds’ in Favor of a Deal With Creditors by Sunday, Says Government Spox

It is extremely likely that negotiations between the government and the mission chiefs institutions on Greece’s second program review will conclude by Sunday, government spokesman Dimitris Tzanakopoulos told public broadcaster ERT, in an interview on Thursday night. “There’s no concern...

Major Issues Resolved in Greece-Creditors Negotiations, Gov't says

The seven or eight major issues that were pending are resolved in the negotiations between Greece and creditors and only minor issues remain, a government source told the Athens News Agency on Thursday.   Talks to complete the second review...

PM Tsipras Insults Greek People's Intelligence

"When the going gets tough, politicians start lying" would be the appropriate saying for Greek politicians. And that's exactly what Prime Minister Alexis Tsipras is doing since he took his seat at the Maximos Mansion. Because, truly, things are...

We are Ready to Enter a Growth Path, PM Tsipras Tells WSJ

“We are committed to honoring our obligations to our creditors, despite the political costs that may entail. But the safest path to this goal is to foster growth and end the punitive approaches of the past,” Prime Minister Alexis...

How the Greek Crisis is Profitable for the International Monetary Fund

Does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?

Creditors to Return to Greece after April 23 to Resume Talks

Creditors' teams will return to Athens to resume talks on the bailout program review after April 23, according to a Real.gr report. The report cites an anonymous government source who said that the quartet of international creditors will return after...

Greek Government Celebrates More Austerity Measures

In debt-ridden Greece all logic seems to be lost after Friday's announcement by Eurogroup chief Jeroen Dijsselbloem that the second bailout review is close to being completed and lenders will return to Athens to iron out the final details....

Greece, Creditors Reach Initial Agreement on Bailout Program Review

Greece and creditors came to an agreement for new fiscal measures that would be implemented in 2019 and 2020, thus unblocking talks on the bailout program review. Coming out of the meeting of euro zone finance ministers in Valletta, Malta,...

German FinMin Backs Down on Greece's Bailout Review Stalemate

German Finance Minister Wolfgang Schaeuble is to back down on today's (Friday) meeting of euro zone finance ministers in order to unlock the bailout review negotiations between Greece and creditors, according to a Euro2day.gr report. "The position of German Finance...

Greece-Creditors Negotiations Stall Again; Athens Blames Germany, IMF

The teleconference between Greek officials and lenders' representatives scheduled for Wednesday was cancelled, making it impossible for any progress to be made in Friday's meeting of euro zone finance ministers in Malta. According to Greek officials, the teleconference was cancelled...