debt
Greece
Tsipras: 'We are Striving for Better Solutions on the Debt'
The government's strategic target was for Greece to be able to borrow directly from the markets after the current programme ends in August 2018, Prime Minister Alexis Tsipras said on Wednesday.
Regarding Greece's debt, the prime minister said the government...
Economy
IMF Wants Deal on Debt Before Entering Greek Program, Says Spox
The International Monetary Fund (IMF) will not participate in the funding of Greece’s bailout program if there’s no “reliable strategy for the sustainability” of the country’s debt, the fund’s spokesman William Murray said on Thursday, during a regular press...
Greece
New Democracy Accuses Tsipras' Government of Implementing 'Poverty Plan'
"Alexis Tsipras' government implements with cynicism the poverty plan for the Greeks," main opposition New Democracy (ND) said on Tuesday following the release of figures on banking account confiscations.
The press office of the main opposition accused the government of...
Economy
Debt Relief for Greece Essential, Peterson Institute Working Paper Concludes
Greece cannot sustain primary surpluses exceeding 3.5 pct of GDP for more than three or four years at most and will therefore need additional debt relief from its European creditors, according to a study published on the Peterson Institute...
Economy
The Government Will Not Legislate Without Comprehensive Agreement Including Debt
The government will not legislate if there is not a comprehensive agreement that will include the debt issue, government spokesman Dimitris Tzanakopoulos on Wednesday said in statements to Star TV. Tzanakopoulos expressed optimism that the negotiation on the second...
Greece
ND on Eurogroup Meeting: Greek Government Attempting to 'Fool' Its People
The return of the institutions to Athens is accompanied by additional concessions, painful measures and the government’s negotiating failures, New Democracy said on Monday after the end of the Eurogroup meeting in Brussels.
“Once again, the government is attempting to...
Economy
ESM and EFSF Unblock Short-Term Debt Relief Measures for Greece
The boards of the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have approved the unblocking of short-term debt relief measures for Greece, the ESM announced on Monday.
In a statement after the board meetings, ESM Managing...
Economy
Bruegel Institute Chief: 4th Bailout Seems Inevitable for Greece
Bruegel Institute Chief Zsolt Darvas said that there are two possible solutions for Greece's debt problems following 2018. One is huge debt restructuring or a fourth bailout program for the country.
Speaking with Greek daily Ta Nea, the Hungarian economist...
Economy
Greek Crisis Sees Increase in Deaths Due to Medical Errors
The onset of the economic crisis in Greece has resulted in an increase in deaths due to medical errors, according to a new analysis by researchers at City, University of London, Surrey University and Stanford University that was published...
Economy
Attica Municipalities Given 2,129 Years to Pay off Debts
How long will it take for three of Attica's municipalities to pay off their debts? The answer is stunning, as according to an article published in the Greek newspaper, Kathimerini on Sunday, municipalities have until 4144 - that's right,...