Greece
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Eurogroup

Dijsselbloem: Eurozone Countries Asked Too Much From Greece

During an interview on Dutch television current affairs program Nieuwsuur on Saturday, former Eurogroup chief Jeroen Dijsselbloem stated that the Eurozone countries asked too much from Greece regarding the bailout program and reforms that the country has been living...

Is Greece Out of the Woods? Key Dates from a Decade of Crisis

It has been a long and painful road for Greece and its people during a decade of economic meltdown and austerity. As analysts pick over Thursday’s deal announced at a Eurogroup meeting in Luxembourg which purports to lay down Greece’s...

Greece Gets Debt Relief and Cash Payout as Bailout Saga Ends

Eurozone ministers agreed debt relief and a big cash payout for Greece in the early hours of Friday paving the way for its program exit in two months’ time. “After eight long years Greece will finally be graduating from its...

All Eyes on Eurogroup for Greek Debt Relief, Post-Bailout Scrutiny

Athens has its eyes on Luxembourg this Thursday as a crucial meeting of eurozone finance ministers is expected to decide on Greek debt relief and what will happen the day after the bailout ends in August. Greece has ratified the prerequisites...

Greece to be Subject to Strict Post-Bailout Surveillance

Greece will be subject to strict surveillance by European institutions after the end of the third bailout program in August. According to a document seen by Greek newspaper Kathimerini, Athens will be obliged to meet fiscal targets and continue implementing...

'Vital Week' for Greek Economy Lies Ahead, Says EU's Moscovici

As Greece prepares for a critical eurozone finance ministers' meeting on Thursday, European Commissioner for Economic and Financial Affairs Pierre Moscovici has said a "vital week" lies ahead. In a series of tweets on Tuesday, the commissioner said "key developments" in...

Creditors Fail to Reach Deal on Greek Debt Relief

The Washington Group that convened on Thursday in Brussels failed to reach an agreement on the Greek debt relief issue and will be meeting again during the G7 summit in Canada, in early June. According to a Bloomberg report, the...

EU Looks at 'Enhanced Surveillance' for Post-Bailout Greece

The president of the Eurogroup, Mario Centeno, has revealed that the European institutions are working on an "enhanced surveillance" tool for Greece after the country exits the bailout program in August 2018. In a letter addressed to EU finance ministers,...

Europe Scrutinizes Greek Growth Plan as Bailout Exit Looms

International creditors will return to Athens on May 14 ahead of June's final decision on how to end Greece's economic bailout. Eurogroup finance ministers were meeting in Sofia, Bulgaria on Friday where Greece's growth and reform strategy was scrutinized as...

Greece's Bailout Exit to Dominate Eurogroup Gathering

The countdown for talks leading to Greece's completion of its fiscal adjustment program will begin at a Eurogroup Working Group (EWG) meeting on Thursday. Thursday's meeting will open discussions on Greece's growth strategy following the program, a topic on the...