Eurogroup, IMF fail to agree on Greek debt – No conclusion of programme review
Euro zone finance ministers have failed to agree a deal with Greece which is needed to unlock the next instalment of its multi-billion euro bailout. […]
ECONOMY
Deal between Greek power company, China’s CMEC on hold after Commission objection
Naftemporiki — A high-profile agreement between state-run Public Power Corp. (PPC) and Chinese utility operator CMEC is on hold, according to Greek Deputy Economy Minister […]
Euro zone, IMF to seek compromise on Greek debt deal Monday
Reuters — Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the IMF’s […]
Greek parliament approves more austerity hoping for debt relief
Euronews — More pension cuts and tax hikes are on the way in Greece, after the country’s parliament approved a new round of austerity. Coming […]
General strike against new austerity ends in minor scuffles in Athens
Xinua — Greece was hit on Wednesday by a new 24-hour general strike against the fresh round of austerity measures that the government has tabled […]
Greek PM ‘optimistic’ about Monday’s Eurogroup, sees summer bond issue
Reuters — Greek Prime Minister Alexis Tsipras said on Wednesday he was optimistic of a positive outcome when euro zone finance ministers meet in Brussels […]
Greek debt relief up to ministers after euro zone, IMF officials fail to break deadlock
Reuters — Euro zone lenders and the International Monetary Fund remain far apart on how to provide debt relief for Greece, but officials hope euro […]
Philip Morris is counting on Greece going up in smoke
Independent.ie — When Philip Morris International announced in March that it would invest €300m in its Greek unit, the cigarette maker was betting on an […]
State agency designates portion of old Athens airport land as ‘forest’
Naftemporiki — The Greek forestry state agency designated a portion of the land at the disused and concrete-laden former Athens airport as “forestland”. The Helleniko […]
G-7 muffles trade quarrel as Greek sideline talks take limelight
Bloomberg — Group of Seven finance chiefs don’t see eye-to-eye on trade, so they’re reverting to a default issue in economic diplomacy: Greece. Officials arriving […]
Greek opposition rebukes Commission over praise for Tsipras government
EurActiv — Greece’s main opposition party, New Democracy, felt “surprised” when European Commission Vice-President Andrus Ansip praised the Tsipras government on Thursday, for improvements it has […]
Euro zone lenders, IMF to discuss Greek debt relief at the G7 meeting
Reuters — The International Monetary Fund’s discussions on Greece’s debt are ongoing and no deal has been reached, IMF spokesman William Murray said on Thursday. […]
Athens eyes law to repeal agreement with creditors if there is no offer of debt relief
Naftemporiki — According to a report in the Greek financial daily Naftemporiki, the Tsipras government is considering legislation that will cancel out all prior actions […]
The 140 ‘prior actions’ EU is demanding from Greece before bailout tranche payment
The Express — A document has been released revealing the 140 EU orders Greece must obey before the release of the next instalment of its […]
Greek startup turns to e-solutions to address low recycling rates
euractiv — A Greek startup company is exploring innovative ways of rewarding consumers who recycle, a move that could help address the lack of recycling culture in Greece. […]