Greek bailout to go ahead with or without IMF: Belgium finmin
Reuters — The euro zone will go ahead with its bailout program for Greece with or without the involvement of the International Monetary Fund, Belgium’s […]
ECONOMY
Bid to restart bailout talks as QE, IMF fate unclear
eKathimerini — With a meeting of eurozone Finance Ministry officials scheduled for Thursday, Greek and European officials aim to unfreeze stalled bailout negotiations even though […]
Uncertainty over return of creditors to Athens
IBNA — A spokesperson for the European Commission told reporters on Thursday that the exact date Greece’s creditors will return to Athens to resume direct […]
Greece’s public health meltdown
The Guardian — Rising mortality rates, an increase in life-threatening infections and a shortage of staff and medical equipment are crippling Greece’s health system as […]
Primary budget surplus climbs to 7.4 billion in first 11 months of 2016
eKathimerini — The primary budget surplus of the year’s first 11 months climbed to 7.4 billion euros, due to the overperformance of revenues and the […]
New year, new taxes
Some six million taxpayers in Greece are obliged to pay roughly four billion euros into the state coffers by Dec. 30 as several tax deadlines expire on […]
Greek short-term debt measures can go ahead, Dijsselbloem says
Bloomberg — Europe’s stability fund can go ahead with short-term debt relief measures for Greece that will ease the nation’s payment obligations. “I’m happy to […]
Prosecutors estimate €53 mln damages to state from shipyard’s 2002 sale to German consortium
naftemporiki — Special anti-corruption magistrates have calculated the monetary damages for the Greek state from the 2002 sale of the Skaramangas shipyards to the German […]
EWG to unlock debt measures but tells Athens – Don’t do it again
Naftemporiki — A consensus to unlock the short-term debt relief measures for Greece decided on December 5 is likely to emerge on Wednesday, in exchange for […]
Regling: One-off bonus for pensioners not expected to affect Greece’s fiscal targets
In an interview with Spanish mass daily “El Mundo”, European Stability Mechanism (ESM) managing director Klaus Regling on Saturday, appeared to backtrack from his initial position regarding […]
China’s State Grid purchases stake in Greek power grid
Xinhua — A 320-million-euro agreement for the transfer of a 24-percent stake in the Greek power grid operator ADMIE from Greece’s Public Power Corporation (PPC) […]
The Express praises Tsipras for “Standing up for his PEOPLE!” defying Germany and creditors
The Express — Despite increased tensions with Greece’s creditors and pressure from Germany, Alexis Tsipras chose to stand up for his people and help his […]
Marinas protest mooring tax plans
eKathimerini — The imposition of a mooring tax on yachts that dock in the country’s marinas would have a devastating impact on maritime tourism in […]
IMF: Greece doesn’t need more austerity, cuts went too far
Digital Journal — Greece does not need more austerity at this time, and in fact spending cuts have gone too far already, two senior International […]
IMF requests 4.75 billion USD worth measures for 2019 to join Greek bailout
Xinhua — The International Monetary Fund (IMF) requested the adoption of a supplementary set of measures worth 4.5 billion euros for 2019 in order to […]