IMF
Cyprus
IMF Approves Next Tranche of Aid for Cyprus
The Executive Board of the International Monetary Fund on Friday approved the disbursement of the next tranche of financial assistance to Cyprus of around €83.3 million
This disbursement brings total disbursements under the arrangement to €333.2 million of the IMF...
Economy
Tsipiras Says More Austerity Coming
With Prime Minister Antonis Samaras hailing a deal with international lenders as the steppingstone Greece needs to finally recovery from a crushing economic crisis and seven years of recession, major opposition Coalition of the Radical Left (SYRIZA) leader Alexis...
Economy
No Third Greek Bailout Seen
As the Greek government keeps rolling out statistics showing a burgeoning recovery from a deep recession and a crushing economic crisis, European Union officials have scaled back their expectations the country would need a third bailout.
The news agency Reuters...
Economy
Troika Readies 8.3B Euro Greek Release
With Greece hoping to receive a delayed nine billion euros installment from its international lenders, they are reportedly set to deliver their next share in what remains of two bailouts, some 8.3 billion euros.
The money could come as soon...
Economy
Georgiadis Warns: Pass Bill or Euro Exit
Resorting to the government's trump card when it needs lawmakers to go along with tough measures, Health Minister Adonis Georgiadis said unless the Parliament passes a multi-bill agreed with international lenders that Greece could be pushed out of the...
Business
Greek-Chinese Group Ups Hellenikon Bid
Greece's gamble that the only bidder for the abandoned and neglected former Hellenikon Airport site on Athens' coast wouldn't walk away after the government insisted on a higher bid has paid off.
The country's state privatization agency said that Lamda...
Greece
Independent Greeks Loses Two MPs
The marginal Independent Greeks party that is opposed to the terms of two bailouts given Greece lost two of its Members of Parliament who said on March 26 they were quitting.
In a letter addressed to House Speaker Evangelos Meimarakis,...
Economy
Samaras Readies Election Cash Giveaway
With crucial elections looming in May and the government ruling parties behind in the polls, Prime Minister and New Democracy Conservative leader Antonis Samaras is set to reveal how a so-called "social divided" will be doled out to a...
Greece
'Greece can call its own tune', says WSJ
According to an article published online by the Wall Street Journal, Greece is already able to “call its own tune” and hold its own economically.
However, the paper also warns that the euro crisis will continue "until doubts over Greece prospects...
Economy
Milk Bill Being Revised To Save Deal
Greece's shaky coalition is readying changes to a crucial bill needed to unlock release of a delayed nine billion euros ($12.43 billion) from international lenders, hoping to persuade a handful of rebellious lawmakers from the ruling parties to drop...