Greek debt

The aid program approved for Greece is a very important step forward, International Monetary Fund (IMF) Managing Director Christine Lagarde said in a statement on Friday, following the Eurogroup's successful conclusion earlier in the day. "The policy package specified in the Memorandum...

"We are here today to decide on the implementation of the third support package to Greece," stated French Finance Minister Michel Sapin upon his arrival to the Eurogroup on Friday. Sapin underlined that a very important work and preparation from the Greek...

German financial newspaper Handelsblatt conducted a survey on the Greek bailout deal that yielded results demonstrating negative perceptions from German citizens toward the deal. The Greek Parliament ratified the third bailout deal with international creditors on Friday morning. The Eurogroup will convene later...

The International Monetary Fund (IMF) puts pressure on Europe to table a proposal for a Greek debt write-down as a condition for its participation in the country's third bailout program. The IMF believes that the Greek debt is unsustainable and it...

Greece will submit its own growth plan to its partners in March 2016, according to Greek Finance Minister Euclid Tsakalotos' statements to parliament committees currently discussing the draft bill of the new agreement. Regarding debt restructuring, he said that it depends on the...

Greece has been in the center of international attention since 2008 due to the financial crisis that broke in the country. However, this is not the first time Greece has faced severe financial problems or even come face to face...

Greece needs a generous 100-billion-euro debt haircut in order to be able to come out of a perpetual financial slump, says a Telegraph report. An analysis by the National Institute of Economic and Social Research (NIESR) says that the impact...

House Speaker Zoe Konstantopoulou said that Greece should default on its sovereign debt payments while indirectly accusing the prime minister and certain cabinet members for not utilizing the findings of her committee on the debt. The Parliament President gave a...

An increasing number of individuals and agencies are acknowledging the necessity for a hair-cut on the Greek debt. The National Institute for Economic and Social Research (NIESR) published a report on Tuesday that calls for the biggest Greek debt haircut that has...

The International Monetary Fund (IMF) is present and fully participates in the negotiations for Greece's third program, European Commission spokeswoman Mina Andreeva said. Asked about the non-participation of the IMF in the Greek program until necessary measures for debt relief are...