IMF says EU still needs ‘credible’ debt relief for Greece
euractiv — Despite an agreement reached Tuesday (2 May) on a reform package, Europe still needs to provide “credible” debt relief to Greece before the […]
ECONOMY
Greece, lenders reach long-awaited deal on bailout reforms
Reuters — Greece and its foreign creditors reached a deal early on Tuesday on a package of bailout-mandated ‘reforms’, Greek Finance Minister Euclid Tsakalotos said, […]
Angela Merkel ‘clashed with Emmanuel Macron over Greek debt deal’ new book claims
The Telegraph — Emmanuel Macron, the man widely expected to be the next French president, tried to help Greece avoid crippling austerity measures but was […]
Schaeuble raises hopes for a May conclusion of the Greek review
Greece has apparently received some encouragement for its reform push from Germany’s finance minister, who has raised hopes that the long due review of the current […]
Eurogroup chief sees Greek deal in May
euronews.com — The chairman of the eurozone finance ministers group is promising a deal by the end of May to break the deadlock preventing Greece […]
The IMF is not done destroying Greece yet
Zero Hedge — Austerity is over, proclaimed the IMF this week. And no doubt attributed that to the ‘successful’ period of ‘five years of belt […]
Tsipras: Additional austerity measures won’t be taken without debt relief
Naftemporiki — Alexis Tsipras twarned the lenders on Tuesday that his coalition government won’t implement a new round of austerity measures if debt relief isn’t […]
EU Commission – Greek primary surplus well above target in 2016
Reuters — Greece’s primary surplus was 4.2 percent of GDP last year, significantly above the target set for Athens under its bailout program, the European […]
‘Urgent’ to reach agreement on loan for Greece, says IMF
The Guardian — It is “urgent” to reach an agreement on a loan program for Greece but a commitment is still required from Athens on […]
Athens made progress on ‘reforms’ but debt sustainability still the issue
Responding to a question on the IMF’s participation on the Greek programme, Madame Lagarde at the Spring Meeting of the Fund has once again reaffirmed the Fund’s […]
Greece over-performs, Schäuble endorses, IMF doubts
New Europe — The Hellenic Statistic Authority (ELSTAT) is set to demonstrate Greece’s 2016 primary surplus over-performance, while the International Monetary Fund (IMF) remains skeptical […]
Lenders’ experts to return to Athens next week: EU’s Moscovici
Reuters — The lender’s technical teams will return to Greece to finalize the details of the delayed programme review next week European Economics Commissioner Pierre […]
Lagarde: “We are only halfway through in the discussions”
Reuters — International Monetary Fund chief Christine Lagarde said on Wednesday Greece was heading in the right direction on reforms, but talks on its bailout […]
Greece apparently still caught in IMF – Berlin disagreement over debt relief
Naftemporiki — The German financial daily Handelsblatt on Monday offered up a pessimistic view of the current economic situation in Greece, saying the country will […]
Germany says legislate now, debt relief discussions in 2018
The lender’s technical teams are to return to Athens after 23 April to conclude negotiations on the progress of the Greek programme and make their […]