Greek Agreement
Economy
Foreign Media Reports on Greece's Agreement with Creditors
The agreement between the Greek government and creditors has been the main headline in several foreign media.
Reuters noted that Greece and its creditors have reached an agreement on the terms of the rescue program, thus enabling the country’s stay...
Economy
Tsipras' Key Intervention Accelerated Agreement Procedures on Greek Bailout Deal
Greek Prime Minister Alexis Tsipras had phone contacts on Monday evening with German Chancellor Angela Merkel, French President Francois Hollande, European Commission President Jean-Claude Juncker and European Parliament President Martin Schulz aiming to speed up the negotiations in order to reach an agreement by...
Economy
Greece and Creditors Agree on Bailout Deal
Greece and international creditors have agreed on a new multi-billion euro bailout agreement after the two negotiating teams spent the last 24 hours checking the text line by line, a Finance Ministry official said.
The agreement will keep Greece in...
Economy
Germany Sceptical Over Greek Bailout Deal
Germans are sceptical over the fast paced negotiations between Greece and creditors and say that a bridge loan would be better than a comprehensive agreement.
Ralph Brinkhaus, deputy parliamentary floor leader of Chancellor Angela Merkel's CDU party, said Greece's bailout...
Economy
Greece and Creditors Closer to Bailout Agreement
After another marathon meeting that started on Sunday and ended 12 hours later on early Monday morning, Greece and creditors are in the process of making the last changes to complete the draft agreement by Tuesday.
Finance and Economy Ministers Euclid...
Economy
ESM Approves Commencement of Greek Bailout Deal Negotiations
The European Stability Mechanism (ESM) Board of Governors decided on Friday that it approves -in principle- a loan program for Greece. This effectively means that the institution agrees that negotiations on the bailout deal should begin.
The three-year cash-for-reforms program will give Greece...
Greece
Under Grexit Threat, Greece's Parliament Approves Greek Bailout Deal; More Austerity
With the Greek economy in ruins and the Greek banks still closed, the Greek parliament approved the terms of the latest (3rd) Greek bailout deal offered to Geece by its creditors: the European Central Bank (ECB), the European Commission...
Greece
German Deputy FinMin: 'Tsipras' Comments Are Not Helpful'
A German official noted that Greek Prime Minister Alexis Tsipras' criticism towards the agreement for the bailout deal with the country's creditors isn't helpful, according to the Associated Press.
On Tuesday evening, Alexis Tsipras had an interview with the Greek public...
Economy
Greek FinMin: 'Difficult Agreement But We Have Commitment for Debt Restructuring'
Greek Finance Minister Euclid Tsakalotos addressing the parliament committees on Wednesday said that a few months ago Greece's partners did not even want to discuss the debt restructuring issue but with the new agreement we have a clear commitment...
Greece
Greek Gov't VP: 'I Want to Thank the US for Greece's Bailout Deal'
Greece's vice president and prominent SYRIZA MP Yanis Dragasakis thanked the USA for helping Greece establish a deal with the Eurozone and the IMF, adding that the deal is not yet officialy completed.
The Greek VP thanked the US government and...