IMF
Greece
Special Forces Reservists Want Government Out
With the Greek government already probing possible ties between the neo-Nazi Golden Dawn party and whether military forces are training its members, a prosecutor has ordered an investigation into a blog post on the special forces reservists' website demanding...
Economy
Greek Workers Strike Second Day
Although hundreds of previous strikes and protests against austerity measures the last 3 1/2 years have all failed, Greek civil servants took to the streets on Sept. 25 for the second day of their 48-hour general strike which is...
Economy
Greece Wants More Time To Fire Workers
Being squeezed by international lenders to pare the workforce by transferring, suspending or firing civil servants, Greek Administrative Reform Minister Kyriakos Mitsotakis has asked for an extension to the so-called mobility scheme until the end of the year.
The request...
Economy
Troika Doubts Primary Surplus Claim
Throwing cold water on Greece's expectations of having a primary surplus by the end of the year - not including interest, some military expenditures, social security, municipal budgets and the cost of running state enterprises, which otherwise would show...
Greece
Merkel's Message to Greece
After easily winning re-election in a runaway rout to gain a third term, German Chancellor Angela Merkel, whose country is the biggest contributor to bailouts for Greece, said she will now return to tightening the screws on the Greek...
Economy
Greece Sees Primary Surplus This Year
With envoys from international lenders in Athens checking the books before releasing more tranches in a series of rescue loans as part of a second bailout of $173 billion, the Finance Ministry said it expects to have a primary...
Crime
Tsipras Says Austerity Boosts Golden Dawn
With social unrest raging again in Greece - this time over the killing of an anti-fascist for which a member of the neo-Nazi Golden Dawn party was arrested - major opposition party Coalition of the Radical Left (SYRIZA) leader...
Economy
Stournaras Readies For Troika Talks
Greek Finance Minister Yannis Stournaras, who said all will be well with the economy beginning next year, will begin a new round of critical talks with the country's international lenders beginning Sept. 22, meeting the top envoys from the...
Cyprus
IMF Releases 84.7m Euros in Bailout Funds to Cyprus
The International Monetary Fund approved Monday the release of 84.7 million euros ($113.1 million) in bailout funds to Cyprus.
The IMF executive board approved the funds after completing the first review of Cyprus's performance under a three-year, billion-euro loan program...
Economy
Stournaras Says The Pressure's Off
Greek Finance Minister Yannis Stournaras, who is upbeat about the chances for a recovery and a return to the markets next year, has denied that Greece is being pressed by its international lenders to adopt more fiscal consolidation...