Draghi: Greece to enter QE only if debt viable and review concluded
Tornos News — Greece would be admitted in the European Central Bank’s (ECB) quantitative easing (QE) program only after the EU institutions and the IMF agreed […]
ECONOMY
Greece won’t meet fiscal surplus targets set by Europe, IMF says
Bloomberg — Greece is on track to fall short of budget-surplus targets set under a bailout by the nation’s euro-zone creditors, the International Monetary Fund […]
Bloomberg: Fiscal targets cited for up to 2029
Bloomberg reports that a series of commitments and assurances were provided by the Greek government to convince creditors to resume the final stages of the […]
Half of Greeks in arrears to the state
eKathimerini — Greeks’ taxpaying capacity has been exhausted, leading to 13.9 billion euros in unpaid taxes last year alone, according to data issued on Monday […]
ESM: Greek debt manageable – IMF: Greek debt ‘explosive’
Reuters — Greece’s public debt can be manageable, the euro zone bailout fund said on Sunday, responding to a leaked report by the International Monetary […]
Eurogroup statement following Thursday’s session
“The institutions briefed the Eurogroup on the second review of the economic adjustment programme, following their review mission to Athens in December. The Eurogroup urged […]
IMF assesses Greek debt as ‘Highly Unsustainable’
Wall street Journal — The International Monetary Fund believes Greece’s debt is “highly unsustainable” and will reach 275% of gross domestic product by 2060 unless […]
Greece will not pass any additional measures beyond what is agreed
Reuters — Greece will not pass any more revenue-raising measures beyond what is agreed in its bailout package, Prime Minister Alexis Tsipras was quoted as […]
Thousands of self-employed professionals are planning to terminate their activity
eKathimerini — Thousands of self-employed professionals are planning to terminate their activity or change the legal status of their companies in order to avoid the additional […]
Schaeuble: If IMF refuses to join, it will be a sign the Greeks aren’t sticking to their commitments
Bloomberg — German Finance Minister Wolfgang Schaeuble said he wouldn’t support a new Greek bailout if the International Monetary Fund declines to join the current […]
Government say no new measures as Schaeuble reportedly prepares for life without the IMF
Reports in the German press, Wednesday, indicate that Wolfgang Schaeuble is preparing for a continuation of aid for Greece without the involvement of the International Monetary […]
Greek finance ministry takes first steps towards a cashless economy
Anadolu Agency — A Greek government plan to push citizens into online banking to cut down on VAT avoidance is reportedly causing concerns among Greek […]
Schaeuble sees new Greek bailout negotiations as German polls loom
Bloomberg — Finance Minister Wolfgang Schaeuble raised the prospect of renegotiating Greece’s bailout just as Germany heads toward elections, saying he’d have to seek lawmakers’ backing […]
Greek compromise proposal meets IMF resistance
eKathimerini — An attempt by the government to offer a compromise solution to the stalemate between Europe and the MF over the Greek bailout was […]
Opposition leader promises tax cuts without prior approval of creditors
Naftemporiki — Main opposition New Democracy (ND) president Kyriakos Mitsotakis emphasized Tuesday that if elected in office, his government will proceed with tax cuts for […]