Greece

The Greek economy went again on a downward slope in May, according to a survey by the Foundation for Economic & industrial Research (IOBE). The economy index fell to 91.4 points, compared to 92.7 points in April. The new, negative...

German media today are mainly focusing on the meeting between German Chancellor Angela Merkel, French President Francois Hollande, ECB President Mario Draghi, European Commission President Jean-Claude Juncker and IMF director Christine Lagarde, in Berlin. The German newspapers Die Welt, Die...

Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report. Top officials from European institutions and the International Monetary Fund have sent a draft of the...

Prime Minister Alexis Tsipras stated on Tuesday that Greece has presented to international creditors a comprehensive list of reforms in order to achieve an agreement. Tsipras spoke to the press after his visit to the education ministry. Referring to the...

Several SYRIZA cabinet members say that Greece cannot make more concessions in negotiations with creditors and some argue that if there is no favorable deal, the solution is snap elections. Greek Labor Minister Panos Skourletis said on Tuesday that Athens cannot...

European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report. German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...

As the Greek government is under pressure to agree to economic reforms with its international creditors in order to unlock new financing, the European Commission continues to signal tough stance regarding the ongoing talks with Greece. European Commission spokeswoman Mina Andreeva said on Monday...

Elena Panaritis has announced that she will not accept the post of Greek representative to the IMF after fierce criticism from members of governing Syriza. I never asked for that position, I accepted it only because I wanted to help...

A Greek businessman is on the list of 89 businessmen who are blacklisted and forbidden to enter Russia. Theodoros Margellos, businessman and investment consultant, is on the list compiled by the Russian foreign ministry. The 89 "undesirable" individuals have no...

Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon. At the same time,...