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reforms

Tsipras Changes Course in Negotiations, Aims at Final Deal for Greece

Prime Minister Alexis Tsipras has decided that an intermediate deal will not benefit Greece at the moment and is now changing course in negotiations aiming at a final deal that would secure financial support for 2015 and 2016. According to...

Athens Denies that Varoufakis was Sidelined After Eurogroup Chief's Suggestion

The Greek government denies allegations that Greek Finance Minister Yanis Varoufakis was sidelined from Greece's negotiation team after the suggestion of Eurogroup President Jeroen Dijsellbloem. Speaking to RTL Nieuws on Dutch television, Dijsellbloem spoke extensively about the Greek issue among other things...

Greek Gov't Rushes to Table Measures in Order to Reach Deal

The Greek government is rushing to table new measures and reforms on Thursday to get cabinet approval in an effort to reach a deal with creditors as soon as possible. The financial team is working feverishly so that the omnibus...

Ifo Chief: Bankruptcy Is Better for Greece and Europe

Europe must let Greece exit the euro zone and go bankrupt because that would be the best for both, said President of Germany's Ifo Institute for Economic Research Hans Werner-Sinn. Speaking to CNBC on Monday, the German economist said that...

Greek Gov't Tables New Omnibus Bill to Expedite Negotiations

The new omnibus bill presented by the Greek ministry of finance will be tabled in parliament on Thursday in order to expedite negotiations with creditors and reach an intermediate deal. The new bill includes several measures and reforms such as...

Hollande-Juncker: Greece Must Cooperate and Table Reforms

French President Francois Hollande and European Commission President Jean-Claude Juncker said that Greece must present a complete list of reforms before any bailout funds will be released. Athens is pushing for an intermediate deal before April 30, a "bridge program"...

EU: No Disbursement of Funds to Greece Before Agreement

While the Greek government is optimistic that creditors will release part of the tranche of financial aid before the Greek Orthodox Easter (April 12), Euro Working Group sources in Brussels say that this is impossible. Athens expects that the two...

April 8-9: Two Crucial Days for Greece

April 8-9 are two crucial days for Greece: On April 8 the Euro Working Group will convene to review the list of proposals sent by the finance ministry and on April 9 Athens has a 448-million-euro payment due to...

EU Officials Say Greek Reforms List 'Theoretical' and 'Arbitrary'

The list of proposed reforms the Greek government submitted to the Euro Working Group in order to close the fifth review is lacking in legislative actions or technical methods that would help achieve the objectives stated, a real.gr report...

Greece Submits New List of Economic Reforms to Creditors

The Greek Government proposed a new list of economic reforms to its creditors today. The 26-pages-long list covers taxation, privatizations, Greece’s public sector, its labour market and healthcare, among others. The list was firstly obtained by The Financial Times and journalist...