Greece
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Greek bailout

Eurogroup: Dijsselbloem Says Greek Bailout Solid, Regardless of New German Government

In today's Eurogroup meeting, the head of eurozone finance ministers, Jeroen Dijsselbloem, said the agreement on the Greek 86-billion-euro bailout was "solid" and could not be changed by new governments. His reference was regarding the ongoing negotiations for the formation...

German FDP Leader Critisizes Fin Min Schaeuble over Greek Bailout

In an interview with Handelsblatt newspaper, FDP leader Christian Lindner, among the candidates to take over the Finance ministry in the next German government, accused former Fin Min Wolfgang Schaeuble over his handling of the Greek bailout. Lindner ruled out...

FDP will Support Greek Bailout Programmes if IMF is Involved, Lindner Says

The Free Democratic Party of Germany (FDP) is willing to consent to financial assistance programmes for Greece provided the International Monetary Fund (IMF) participates, making it clear that the debt is sustainable, FDP party leader Christian Lindner said on...

Eurogroup's Dijsselbloem: Greece Under Supervision even After Bailout Exit

Greece will remain under supervision after it exits its current bailout, and Athens must achieve “economic and political stability,” Jeroen Dijsselbloem said, contradicting PM Tsipras' assurances that in 2018 the country will see the end of international supervision. “The viability...

IMF Approves in Principle €1.6 Billion Arrangement for Greece

The International Monetary Fund on Thursday approved in principle a €1.6 billion standby loan arrangement for Greece, making a conditional commitment to help underpin the country's long-running bailout program for the first time in two years. But the IMF's approval-in-principle...

Spain Threatens Blocking Greece's Bailout Due to Legal Case

Greece's failure to drop a legal case against European experts who had worked on the Greek privatization program has caused an angry reaction from Spain as the country has threatened to block the latest bailout disbursement to Greece on Friday, FRANCE 24...

Eurogroup President Spox Says Dijsselbloem Expects Deal on Greek Bailout Next Week

Eurogroup chief Jeroen Dijsselbloem says that he expects to conclude the deal for the Greek bailout program at the June 15 meeting, his spokesman said on Friday. A report by Reuters says that IMF chief Christine Lagarde will be attending...

IMF's Poul Thomsen: It Will be Several Years Before Greece Returns to Pre-Crisis Levels

"It will take many years and additional reforms, which are not currently on the negotiating table, until Greece returns to pre-crisis levels," said Poul Thomsen, European Affairs Director for the International Monetary Fund, at a press conference in Washington...

Bloomberg Report: IMF Not Convinced Greece Can Keep Up 3.5% Surplus

The IMF is doubtful that Greece can sustain the primary surplus it achieved in 2016, nor is it convinced that the country can keep up a figure that is seven times higher than its bailout target, as reported by...

US Government ‘Open’ to IMF’s Participation in Greek Bailout

Washington will keep an “open mind” regarding the participation of the International Monetary Fund (IMF) in the Greek bailout programme, a senior US Treasury official said. The US, the largest shareholder in the IMF, will likely not rule out new...