austerity

According to a leaked German document that was publicized by Reuters, the German government has rejected any roll-back of...

Following his trip to Cyprus, the Greek Prime Minister Alexis Tsipras traveled to Rome on Tuesday, where he met with his Italian...

A study in British medical journal BMJ Open shows that suicides increased by about 1/3 in response to the the austerity...

The German Minister of Finances Wolfgang Schäuble stressed that any attempts of Eurozone members to renegotiate any of...

The president of the Eurogroup Jeroen Dijsselbloem pledged to cooperated with the new Greek government after the upcoming...

The European Central Bank has threatened to suspend funding towards Greece, should it not continue with a bailout program...

According to SYRIZA MP Euclid Tsakalotos, his party does not intend to implement the measures described in the controversial...

A recent article by Jakob Augstein in Der Spiegel has criticized the “outrage” of German politicians and media to the...

The Minister of Finances Gikas Hardouvelis will be in Brussels on Monday for a critical Eurogroup session, as Athens has yet to...

The Bloomberg news agency has published an editorial arguing that Greece’s creditors should give the country a “chance” and...

The former Prime Minister and president of PASOK Giorgos Papandreou has accused New Democracy of catastrophic fiscal...

The general secretary of the Communist Party of Greece (KKE) Dimitris Koutsoumpas delivered a speech at a party event on special...

According to a European Commission report that will be published on Monday, Greek citizens are amongst the most overtaxed EU...

The Prime Minister and leader of New Democracy Antonis Samaras gave a televised interview on ANT1 on Tuesday evening, where he stressed that...

The coalition government is currently composing is midterm financial stability program for the 2015-2018 period, with expenses not expected to change dramatically...

The Government Vice President Evangelos Venizelos gave a speech at the European Economic and Social Committee’s event at the Zappeio Exhibition Hall in Athens...

According to a study conducted by CESifo and cited by Deutsche Welle, the austerity programs that were imposed on debt-ridden EU members were painful, but inevitable...

The much-touted return of the troika in Athens has not turned out to be as the Greek side expected, as the IMF, ECB and EU representatives have apparently increased their demands for more austerity. According to Finance Ministry officers participating in the negotiations the troika, they “suddenly raised the issue of the 2014 budget gap, […]

The IMF’s Christine Lagarde recently gave an interview to Australian broadcaster ABC, where she expressed her belief that Greece have finally overcome a series of hardships and is now entering a growth phase. During the discussion, a member of the audience raised the issue of austerity, with Mrs. Lagarde admitting that mistakes were made with […]

The Budget Office of Parliament published a progress report regarding the financial developments in Greece and the Eurozone, where it is revealed that Greece has not yet overcome their serious financial problems. As a result, new fiscal rules in the Eurozone are necessary. The report is based on the intention of Greece remaining within the […]