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 […]
ECONOMY
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. […]
Support for euro plunges as Greeks face more austerity from Brussels
The Express — The number of Greeks finding EU membership to be a negative thing increased from 17.4 per cent in April 2015 to 26.2 […]
Property market decline in Athens slows down
eKathimerini — After nearly a decade, the cycle of decline in the property market appears to be closing. In the year’s first quarter prices in […]
EU to cut Greece 2017 growth forecast
Reuters — The European Commission will revise its growth forecast for Greece this year to around 2 percent from a previous 2.7 percent, an EU […]
Germany says no debt relief being prepared for Greece
Reuters — No debt relief measures are being readied for Greece, Germany’s Finance Ministry said on Thursday after the Handelsblatt business daily reported measures were […]
Almost 1.5 million Greeks live in extreme poverty
Greek Reporter — Almost 1.5 million Greeks, more than one in ten, live in extreme poverty, most of them unemployed and young, a recent study […]
Greece can never pay its debts. So why not admit it?
capx.com –Peace, sweetness and light break out in the Balkans as we’re told that the EU, the eurogroup, the IMF, Greece, the ECB and Uncle […]