18 products have kept Greek exports afloat
eKathimerini — According to a study compiled by National Bank of Greece’s Economic Analysis Department, 18 products that account for 30 per cent of all Greek exports supported […]
ECONOMY
Europe says Greece is a comeback story. The I.M.F. isn’t convinced
NYTimes — As Greece prepares to end nearly a decade’s worth of international financial bailouts next month, European policymakers have been eager to promote the […]
Germany delays Greece’s final bailout payment
Bloomberg — Germany held up a final 15 billion-euro aid payment to Greece after the government in Athens postponed a VAT increase, on five islands […]
Commission activates 2013 enhanced surveillance regulation to ‘help’ Greece
EC Press release — On 20 August, Greece will conclude its ESM stability support programme, safeguarding its place at the heart of the euro area […]
Christine Lagarde on Greek debt restructuring agreement
IMF — Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Eurogroup meeting in […]
Europe decides Greek crisis is over as Eurogroup agrees debt restructuring measures
Reuters – Eurozone finance ministers reached an agreement on debt restructuring for Greece on Friday to smooth out the return of Athens to market financing […]
The prospects of the Greek economy at the end of the bailout
On Aug. 20, Greece is due to exit from its third bailout program. But the country is still saddled with a towering public debt — […]
Germany makes billions in interest from Greek debt misery
Daily and Sunday Express — Figures revealed yesterday show once again that despite Germany’s fear taxpayers would pick up the bill for the crisis in […]
Greek debt deal will be credible to markets – Centeno
Reuters – Euro zone lenders will put together a debt relief deal for Greece that will be credible to markets and involve a rescheduling of […]
Greek workers strike over austerity, bailout reform
DW — Getting around Greece proved a challenge on Wednesday as a nationwide labour strike gripped the country. Public transportation was disrupted; some flights cancelled and ferries were […]
Bundesbank: High surpluses are a debt forgiveness measure
Naftemporiki — Germany’s Bundesbank directly entered the “Greek debt” fray this week, amid still unresolved differences between European creditors and the IMF over the issue, […]
Greece’s creditors reach technical agreement on a programme of reforms
RTE — Greece’s creditors have agreed to a programme of reforms as the country’s third and final bailout comes to an end, the European Commission has […]
Klaus Regling likens Greece to Germany after WWII (!)
European Stability Mechanism chief Klaus Regling, speaking at Foundation of the International Charlemagne Prize in Aachen, welcomed the “impressive adjustment efforts” from the Greek […]
Israel, Cyprus, and Greece push East Med gas pipeline to Europe
The Times of Israel — The leaders of Cyprus, Israel, and Greece on Tuesday agreed to push ahead with an envisioned pipeline that will supply […]
OECD chief says Greece deserves debt relief after ‘enormous reform effort’
Reuters – Greece has made an “enormous” reform effort since its debt crisis broke out and its international lenders must now grant the country debt […]