Greek debt
Economy
Greece Exits Enhanced Surveillance Status After 12 Years
A letter from EU officials has confirmed Greece's exit from the enhanced surveillance status in August 21.
Economy
EU to Relax Post-Bailout Monitoring of Greece
Greece is expected to get the green light from the June 16 meeting of the Eurogroup, in order to exit from its enhanced surveillance status.
Economy
USA Reaches Greek Crisis Levels of Public Debt
The U.S. is reaching the level of public debt recorded in Greece during the black days of the financial crisis that led to bailout programs.
Economy
German Press: Greece Will Likely Need Another 'Bailout' Due to High Debt
Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial support, a report by Frankfurter Allgemeine Zeitung says.
This report comes after a comment made by...
Economy
Debt Package is 'Credit Positive' for Greece, Says Moody's
A debt relief package offered to Greece by its creditors last week is a significant benchmark in Greece’s ongoing recovery from its deep government debt, economic and banking crisis, Moody's said on Monday.
In a report, the credit rating agency...
Economy
Tsipras Dons Tie, Then Removes it in Symbolic Gesture on Greek Debt Deal
Greece's prime minister, Alexis Tsipras, celebrated the conclusion of a deal with Eurozone ministers on debt relief by addressing his cabinet officials wearing a necktie in public for the first time.
In an event broadcast live on Greek public TV, Tsipras...
Economy
IMF, Eurozone Seek Last-Minute Deal on Greek Debt
Greece's eurozone creditors and the International Monetary Fund are trying to find a last-minute solution to the country's debt mountain so that the IMF contributes financially to the third bailout program.
The Greek rescue program ends on Aug. 20 and...
Economy
Creditors Fail to Reach Deal on Greek Debt Relief
The Washington Group that convened on Thursday in Brussels failed to reach an agreement on the Greek debt relief issue and will be meeting again during the G7 summit in Canada, in early June.
According to a Bloomberg report, the...
Economy
Debt Repayment Feasible if Greece 'Implements Reforms'
"If the government in Athens implements all the remaining reforms decisively, Greece can successfully emerge from the ESM program in August 2018," Klaus Regling, president of the European Stability Mechanism, has said.
The ESM chief spoke at en event held...
Economy
Berlin Insists on Strict Conditions for Greek Debt Relief
Debt relief for Greece will only be provided under strict conditions if it happens at all, Germany's finance ministry has said.
Earlier, German newspaper Handelsblatt reported that Berlin was opposed to granting debt relief without strict conditions. The financial newspaper...