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Greek debt

Greece Pays 750-Million-Euro Installment to IMF

The Greek government paid the latest 750-million-euro installment to the International Monetary Fund, according to Reuters. The agency spoke with two Greek Finance Ministry officials who confirmed the news. "The order to pay the IMF has been executed," a senior...

Tsipras: Deal Is a Matter of Political Will, Not Technical Issue

Greek Prime Minister Alexis Tsipras spoke in parliament today underlining that a deal with lenders over the state debt is no longer a technical issue but a matter of political will. "I can assure you that everyone recognizes the necessity...

Eurogroup Chief: Discussion of Greek Debt Relief Not a Taboo

The discussion for the relief of the Greek debt is not a taboo, Eurogroup president Jeroen Dijesslbloem stated in an interview with the French newspaper Le Monde on Thursday noting that "progress has been made in the negotiations in the...

Greek Government Spokesman: 'The Red Lines Will Not Be Surpassed'

"We are well aware of the society's red lines, we are aware of the limits and everyone should be assured that the red lines will not be surpassed," Greek government spokesman Gavriil Sakellaridis on Thursday said in a press briefing. Regarding...

ECB Approves Additional 2 bln Euros to Greek Banks Through ELA‏

European Central Bank on Wednesday approved an additional two billion euros in liquidity to Greek banks through the Emergency Liquidity Assistance (ELA) mechanism of the Bank of Greece, raising the mechanism’s ceiling to 78.9 billion euros, from 76.9 billion...

EC-IMF Have Disagreements With Greece, Not Each Other

European Commission officials deny disagreements with the International Monetary Fund over the Greek debt and claim the disagreements are between the creditors and Greece. This unofficial statement came after the Greek government announced on Tuesday that the EC and the...

Greece Makes €200 Million Loan Payment to IMF

While Greek debt talks continue and the European Central Bank’s governing council discusses whether to give Greek banks emergency cash, Greece paid today an International Monetary Fund loan repayment for €200 million ($212 million). Another tranche is due next week, worth...

EU Commission Slashed Greek Economy Forecasts

The European Commission slashed its previous forecasts regards the Greek economy growth in 2015 and the country’s primary surplus, announced Pierre Moscovici on Tuesday, May 5. The Commission, which finished gathering data for its forecast on April 21, noted that...

Greek Government Holds First Journalists' Briefing in 3 Years

The Greek government arranged the first journalists’ briefing for first time in three years. Greek government spokesman Gavriil Sakellaridis stood on the podium on May 4, before Greek and foreign political journalists in order to inform them about the...

Greek Finance Minister Says it Won't Request New Bailout

Greece has said that it would not ask for a new rescue package from its international creditors if they would simply restructure its debt. Greek Finance Minister Yanis Varoufakis said in an interview with a Greek newspaper Saturday that Greece...