reforms

According to Reuters, on Sunday Germany's finance minister, Wolfgang Schaeuble commented to the German newspaper Bild am Sonntag that he believes the answers to Greece's financial woes should come in the form of reforms rather than debt relief. In order to sustain itself...

According to sources, Thursday Eurogroup Chief Jeroen Dijsselbloem called Athens to pledge its commitments to allow the participation of the IMF in Greece's bailout program, as long as the Greek government implements the necessary measures that the IMF has...

Greece can borrow from the markets in 2017, provided that it continues implementing economic reforms, said the President of the European Stability Mechanism (ESM), Klaus Regling on Tuesday. Regling spoke at the 12th Economist Conference in Nicosia, Cyprus, and referred...

Greek Labor Minister Giorgos Katrougalos on Sunday disagreed with creditors over bailout program prerequisites regarding labor reforms. The creditors representatives argued for the changes in labor laws that were agreed in the previous two bailout programs. The Greek side highlighted...

The failure of the Greek bailout program was due to a variety of factors, said International Monetary Fund Communications Director Gerry Rice on Thursday. Comparing the success of the rescue programs in Ireland, Portugal, Cyprus and Latvia, to Greece's bailout...

Greece is not on the agenda of today's (Monday) meeting of euro zone finance ministers, but European Commission officials warn Greece that September will be tough. The second review of Greece's bailout program will take place in September and it...

Eurogroup Chief Jeroen Dijsselbloem, speaking at the economic and monetary committee of the European Parliament, on Tuesday said he believed that the European Stability Mechanism would approve the disbursement of the 7.5-billion-euro loan tranche as Greece has met all...

After Athens receives the 7.5-billion-euro bailout tranche and the European Central Bank starts giving Greek banks cheaper loans, the Greek government will be off the pressure for about two months. In September, the second bailout program review is to take...

German Finance Minister Wolfgang Schaeuble appeared upbeat on Greece at a conference hosted by Deutsche Bank on Friday. He said that Greece had implemented the majority of required measures under the bailout package and was headed towards regaining global...

French Prime Minister Manuel Valls is due in Athens on Thursday for an official visit in support of Greece's economic reform efforts and to discuss the refugee crisis. On his two-day visit, Valls will meet with Prime Minister Alexis Tsipras...