debt

22.07.2021, 13:25

ELSTAT: Debt increase to 344.1 billion euros in the first quarter

For the budget, revenues in the first quarter reached 16.2 billion euros while expenditures amounted to 23.3 billion euros

29.11.2016, 11:10

Stournaras: “The bailout review must conclude by the end of 2016”

The Governor of the Bank of Greece Yannis Stournaras underlined that Greece can...

29.11.2016, 09:54

Tsipras-Moscovici: “Time for ‘courageous decisions’ for all sides”

The Prime Minister Alexis Tsipras and the European Commissioner for Economic and...

18.10.2016, 09:53

PM Tsipras begins European marathon talks for Greek debt

The Prime Minister Alexis Tsipras is scheduled to visit Brussels on Wednesday, where...

13.10.2016, 10:59

Christodoulakis: “IMF offers haircuts in exchange for new bailouts”

The presence of Nikos Christodoulakis by the side of Economy Minister Giorgos...

14.06.2016, 12:35

Dijsselbloem ‘greenlights’ the disbursement of the €7.5bn tranche

The Chairman of the Eurogroup and Ecofin Jeroen Dijsselbloem announced that the disbursement of a 7.5 billion euro tranche...

06.06.2016, 12:07

Varoufakis: “Contingency mechanism will not make debt sustainable”

The former Minister of Finance Yanis Varoufakis has directly disputed the efficiency of the contingency mechanism, arguing that...

31.05.2016, 09:31

ESM: “€7.5bn paid out to Greece by end of June if preconditions are met”

The European Stability Mechanism (ESM) has further elaborated on the decisions regarding the Greek that were reached at the...

25.05.2016, 09:26

Eurogroup concludes with agreement on €10.3bn in installments

After an 11-hour meeting in Brussels, the Eurogroup finally concluded and came to a decision regarding the bailout review...

20.05.2016, 13:14

IMF claims Greek debt will soar to 293.6% GDP by 2060 without relief

The International Monetary Fund has proposed that the European Union extends Greece’s loan payments at least until 2040...

20.05.2016, 11:53

Stournaras and Varoufakis lock horns over bailout negotiations

The governor of the Bank of Greece Yannis Stournaras lashed out against the former Minister of Finance Yanis Varoufakis and...

18.05.2016, 09:45

EU official estimates agreement at Eurogroup ‘difficult, but possible’

An unnamed official for the European Union expressed his confidence that the International Monetary Fund will participate...

17.05.2016, 13:50

Gerovasili: “We are waiting for the Eurogroup to decide on debt”

Government spokesperson Olga Gerovasili announced that the omnibus bill of prior actions will be voted upon by the end of the...

16.05.2016, 10:48

Pappas: “Investors are waiting for the Greek debt to be resolved”

The Minister of State Nikos Pappas stated that international investors want a ‘quick and clear’ resolution to Greece’s debt...

11.05.2016, 09:52

Schäuble confident of an agreement at the upcoming Eurogroup

Germany’s Minister of Finance Wolfgang Schäuble argued that there is no real need for a haircut in the Greek public debt, during...

09.05.2016, 13:01

ESM chief opposes reducing the interest rates of Greek loans

The President of the European Stability Mechanism (ESM) Klaus Regling has opposed the converting the interest rates of Greece’s ...

07.05.2016, 14:48

Tsakalotos: “No government can pass the contingency measures”

In a dramatic letter to his European counterparts ahead of Monday's critical Eurogroup meeting, the Minister of Finance...

05.05.2016, 09:16

Greek debt sustainability on the agenda of the upcoming Eurogroup

The extraordinary Eurogroup that has been scheduled for Monday, the 9th of May, will see the Eurozone Finance Ministers...

03.05.2016, 13:19

Critical meeting for bailout review negotiations likely on Wednesday

The Eurogroup meeting for Wednesday 9 May is expected to be a critical point in the negotiations for the Greek bailout...

12.04.2016, 13:11

Gerovasili: “We will maintain the agreement, so must our partners”

“The IMF admitting mistakes is positive. We will maintain the agreement, our partners should do the same” commented...

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