debt relief

Greece will not need any debt relief from the euro zone if it keeps achieving a primary surplus of above 3% of GDP for 20 years, according to the European Stability Mechanism, Reuters said. Reuters cites a confidential document prepared...

Greek Prime Minister Alexis Tsipras appeared to change his narrative regarding debt relief and seems ready to accept the creditors' position that the debt issue will be discussed again after the end of the current bailout program in the...

The International Monetary Fund and German Finance Minister Wolfgang Schaeuble are close to an agreement on the Greek debt relief issue under conditions, says German financial newspaper Handelsblatt. According to the newspaper report, the IMF has expressed willingness to participate...

Until Monday, every monthly Eurogroup since last autumn was branded as "crucial" by the Greek government. Other than crucial, every meeting of the euro zone finance ministers was considered the meeting where creditors would concede to the "hard negotiating...

Greece's short-dated state bond yields rose sharply on Tuesday after Greece and creditors failed to agree on closing the bailout program review and debt relief measures, Reuters says. The Greek government urgently needs the next rescue loan tranche in order...

The German Finance Ministry on Thursday said that no debt relief measures are being prepared for Greece, in answer to a report by Handelsblatt business daily, Reuters says. The German newspaper reported that Greece's creditors (the European Stability Mechanism, European...

The Euro Working Group in Brussels was concluded at 17:40 with institutions welcoming the preliminary agreement and saying that the Eurogroup would then approve the disbursement of the next loan tranche once Greece completes the prerequisites. In a joint statement,...

An agreement reached between Greece and its creditors raised the possibility of a debt relief in the official sector and it is positive for the country's credit rating, Moody's said in a credit outlook analysis. The credit rating firm said...

While Greece and international creditors are close to an agreement on the bailout program review and the release of the next loan tranche, some differences between Germany and the International Monetary Fund remain. The Fund insists that the fiscal targets...

As the institutions suggest more pension cuts for Greeks in order to cut back on government spending, the chief of the European Commission, Jean-Claude Juncker has spoken out against such an idea, calling for a real debt relief plan...