Greek debt

Greece and Europe have made great progress on the program for the country's economic recovery, but the Greek debt problem won't be solved overnight, said White House Press Secretary Josh Earnest. During Monday's White House press briefing, Earnest said that...

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that loose ends are tied up by Tuesday. The decision, based on a compliance report compiled...

There has been "large-scale violation of rights" in Greece as a result of the austerity programmes imposed by its international lenders, independent UN expert on human rights Juan Pablo Bohoslavsky said in a press conference here on Friday. According to...

Α source from the Greek Ministry of Finance said on Wednesday that the first installment of bailout tranches benchmarked for Greece, worth 7.5 billion euros (from a tranche worth 10.3 billion euros), will be disbursed by June 13. The same...

  German Finance Minister Wolfgang Schaeuble expressed optimism on Monday regarding Greece's economic future following last week's deal with creditors to unlock its next tranche disbursement. Addressing a conference on the sustainability of Germany's fiscal condition, Schaeuble said that while the...

The Eurogroup meeting kept Eurozone finance ministers up until late in another sleepless night on Tuesday, May 24. A deal on Greece was finally reached at dawn the next day. This time, however, the delays were not high-stakes calls...

Finance Minister Euclid Tsakalotos admitted that Greece's poor will not benefit from the new measures and that Tuesday's Eurogroup outcome was not as good as it was hoped. Tsakalotos and Deputy Finance Minister Giorgos Chouliarakis gave a press conference in...

U.S. President Barack Obama said that the Greek debt crisis has "eased" during his meeting with reporters on the sidelines of the G7 summit in Shima, central Japan. "The fact that the Greek debt crisis has been resolved for...

German Finance Minister Wolfgang Schaeuble on Thursday did not rule out the possibility of "additional measures" in 2018 to assist Greece financially. However, he expressed the hope that this will not happen. Schaeuble stressed that Greece has made great...

The European Central Bank has once again agreed to accept Greek bonds as collateral for loans in order to aid the country's struggling banks, says a Financial Times report. The move comes after Wednesday's agreement between Greece and creditors that...