Greek bailout

The International Monetary Fund (IMF) will most likely not join in the Greek bailout program bearing in mind its disagreement with EU resistance to debt relief. Senior sources within the IMF, however, point to a strong possibility of the fund...

"I have been a scapegoat but I never cared if I would be reelected" says George Papandreou in a tell-all interview on Greece's bailouts, and the difficult decisions that marked his term and his name. Watch the interview.

On Monday Moody's said that a reduction of non-performing loans and of operating spending by Greek banks was a "credit positive" move for banks. In its Moody's Credit Outlook, the credit rating agency said that the four largest Greek banks...

International Monetary Fund Chief Christine Lagarde told Reuters that the IMF will downgrade its 2016 global growth forecast as economic prospects worsen. The IMF's World Economic Outlook is due in early October and is expected to signal the sixth...

President of Hellenic Republic Prokopis Pavlopoulos noted that there is need for corrections to the Greek program commenting on IMF's report at a meeting on Friday with the Board of the World Hellenic Inter - Parliamentary Association. "The country is...

Christine Lagarde noted that the International Monetary Fund (IMF) would continue to support its positions, while she admitted that Greece’s bailout was not successful, especially for the Greeks. “We still need to be rigorous and disciplined. On occasion we will...

Bloomberg's article, titled "Greek Startups Say Tsipras' Taxes Are One More Reason to Leave," states that a new round of tax increases may be "the last straw for fledgling companies with dreams of making it big." The article interviews a...

The May 24 Eurogroup issued a statement confirming that Greece will get its bailout loans and receive debt relief, through the new Greek programme. IMF officials are planning to recommend that they join the Greek bailout programme. Read the full...

After the heated debate the Greek Parliament voted on Sunday on the multi-bill that includes measures demanded by Greece’s lenders to close the first program review as 153 MPs voted in favor, 145 voted against. Speaking in parliament, government ministers described the...

The main opposition agrees with the harshest measures demanded by the institutions, Greek Prime Minister Alexis Tsipras said in parliament on Sunday, adding that New Democracy leader Kyriakos Mitsotakis’ remarks on Greece’s debt echoes that of Germany’s Finance Minister...