creditors

"We are close to completing the second review... but we are far from talking about a success story in Greek economy," European Council President Donald Tusk said on Wednesday. The European official spoke with Greek Prime Minister Alexis Tsipras in...

Greek Finance Minister Euclid Tsakalotos, Deputy Giorgos Chouliarakis and Labor Minister Efi Achtsioglou flew urgently to Brussels on Tuesday morning in order to unlock bailout review talks with creditors. The Greek government is making a last-minute effort to reach a...

A new hurdle in talks for the completion of the second review of Greece's bailout program appeared, as Berlin seems to find a fiscal gap that would require pension cuts to apply in 2019. Sources close to negotiations say that...

Greece and creditors failed to come to any conclusions during Thursday's Euro Working Group, the preparatory meeting for the April 7 meeting of the 19 euro zone finance ministers in Malta. Lenders decided that the institutions' technical teams need to...

An agreement with between Greece and international creditors has finally been reached on the issues of labor reforms, spending cuts and energy issues, moving closer to a staff level agreement before a meeting of euro zone finance ministers on April...

Public Power Corporation (PPC) worker unions are to meet on Thursday and Friday to discuss their reaction to the impending privatization of part of the company, according to chief of the technical employees union, Costas Maniatis. On Tuesday, Maniatis spoke...

The International Monetary Fund on Tuesday denied reports that it had demanded the Greek government to secure the support of the opposition in voting measures required by creditors to continue bailout negotiations. According to Kathimerini newspaper, at an Ecofin meeting...

Eurogroup President Jeroen Dijsselbloem said that it is very unlikely that Greece's bailout program review will be completed in April, while noting that the European Stability Mechanism should assume the role of the International Monetary Fund in European economic...

The teleconference between Greece and creditors on Friday ended with the two sides disagreeing on all major issues, with Finance Minister Euclid Tsakalotos planning to pursue political negotiations at Monday's Eurogroup in Brussels. The two sides, once again, failed to...

Greece's Interior Minister Panos Skourletis on Monday called for the opposition to vote for the austerity measures creditors demand, with main opposition replying "no way." Skourletis spoke on RealFM radio arguing that since the measures required by the bailout program...