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greek debt relief

IMF Insists on Greece Debt Relief Measures

International Monetary Fund spokesman Gerry Rice expressed the Fund's willingness to work with Greece's European partners for a solution that will credibly reduce the country's debt, and lead it to a viable recovery. During a regular briefing in Washington, DC,...

Potential Merkel Gov't Ally Proposes Greek Debt Relief in Exchange for Grexit

In an interview with Bloomberg, Christian Lindner, the pro-market German Free Democrats party (FDP) leader and potential partner in Angela Merkel's next government, proposes a quid pro quo for Greece: a debt "haircut" in exchange for exit from the...

ECB Still Looking for 'More Clarity' on Greek Debt Relief Before Buying Gov't Bonds, Source Says

A recent report by Reuters said that what kind of debt relief Greece will be granted by its international lenders is something which the European Central Bank (ECB) is still looking for more clarity on, according to a source...

EU's Moscovici Optimistic that 'Fair Solution' on Greek Debt Relief Can be Reached at Next Eurogroup Meeting

In an interview published in the Funke group German newspaper on Wednesday, European Union Currency Commissioner Pierre Moscovici said that he is anticipating a deal to be reached between Greece and its international lenders in the next Eurogroup meeting...

Greek PM Tsipras Rounding Up Support for Greek Debt Relief

With the next eurozone meeting just around the corner Prime Minister Alexis Tsipras has put his charm on this week, speaking on the telephone with French President Emmanuel Macron, German Chancellor Angela Merkel as well as European Council's President...

PM Tsipras: Greece Ready to Legislate Reforms Depending on Debt Relief

During an interview with ANT1 television on Tuesday, Greek Prime Minister Alexis Tsipras underlined that Greece is willing to legislate the additional reforms demanded by its lenders but implementing them in 2019 and 2020 depends on securing further debt...

Eurogroup's Short-term Measures Will Lower Greek Debt by More Than €45 Million

The short-term measures announced by Eurogroup on Monday will lower Greece’s debt by more than 45 billion euros, while rates were set at 1.5 percent, government sources said on Monday, commenting on the meeting of Eurozone’s finance ministers in Brussels. “It...

Schaeuble Says Greece Should Carry Out Reforms to Become Competitive After Bailout

According to Reuters, German Finance Minister Wolfgang Schaeuble has stated that he believes that Greece can have a more competitive economy once it undergoes the reforms specified by its eurozone lenders. The statement from Schaeuble came on Monday as the...

Schaeuble Agrees on Short-Term Measures for Greece's Debt Relief

The European Stability Mechanism (ESM) is currently working on proposals for the implementation of the agreed short-term measures regarding the Greek debt relief, Dennis Kolberg, the spokesman of German Finance Minister Wolfgang Schaeuble, said in exclusive statements to the...

German FinMin Wolfgang Schaeuble Brushes Aside, Again, Need for Greek Debt Relief

German Finance Minister Wolfgang Schaeuble said he believes the bailout review for Greece will be completed by Easter or the end of April. He also said there are no reasons at this time to consider making decisions regarding debt relief. “There...