Greece
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reforms

EU Warns Greece It May Lose €750 Million in Funds

The European Commission reportedly warned Greece today that it risks losing €750 million in funds if it fails to complete a raft of reforms by the end of the month. The London Times quotes a senior EU official saying that...

EU Positive on Greece's Growth But Encourages Reforms

The European Commission on Thursday revised their forecast for Greek economic growth slightly upward in 2019 and 2020, but warned that the nation's economic recovery depends on needed reforms. According to its interim economic forecast, the Greek economy is set to...

Greek Opposition Leader Promises Market Reforms

Greece's main opposition leader Kyriakos Mitsotakis vowed to pursue growth-oriented reforms if elected to office. He made his remarks in an interview with the Financial Times published on Wednesday. The leader of the New Democracy Party who, according to the...

Greece's Credit Rating Remains Positive, Reform Agenda Must be Followed, Moody's says

Greece's credit rating remains stable at B3, but the reform agenda must be followed, the new Moody's analysis says. The international rating agency pointed out that Greece's prospects will remain positive as long as the government is committed to the...

Greece has 'a Long Way to Go' after Bailout, Bank of Greece Chief says

Greece still has "a long way to go," said Bank of Greece Governor Yiannis Stournaras in light of Monday's official end of the country's third bailout program. In an interview with Kathimerini newspaper Sunday edition said that there are still...

Rescue Fund Chief Warns Greece to Stick to Reforms

The Greek government should remain focused on implementing the prescribed reforms to regain investors’ trust and return successfully to the markets, the head of the European Stability Mechanism, Klaus Regling, warned on Tuesday. Speaking at a dinner for the 90th...

Greece Reaches Deal with EU Creditors on Reforms

Greece's creditors have agreed with Athens a program of reforms as the country's third and final bailout comes to an end, the European Commission has said. With a meeting of eurozone finance ministers set for June 21, teams of experts...

Eurogroup Chief: Greece Needs to Take Ownership of Reforms

Eurogroup President Mario Centeno called on Greece to stick to economic reforms and avoid sliding back to policies that will not help the country emerge from the crisis. "Greece needs to take full ownership of the reform program," Centeno said,...

IMF's Lagarde: Greece Must Implement Reforms

The International Monetary Fund (IMF) is committed to continuing its support of Greece after the end of the fiscal program in August, but there is work that the country still needs to do, especially in structural reforms, IMF Managing...