Greek parliament approves one billion euro new taxes for 2017
DW — Greek parliament passed next year’s budget on Saturday evening, giving Prime Minister Alexis Tsipras hope his country will take bigger strides out of […]
ECONOMY
Greek crisis could erupt again as eurozone is too unrealistic, IMF warns
The Express — Strict bailout demands imposed by eurozone ministers and Athens are forcing Greece to strive for a primary budget surplus of 3.5 per […]
Prime Minister gives poor Greeks Christmas bonus amid strike
Voice of America — As thousands of Greeks protested government spending cuts with a general strike that crippled the country Thursday, Prime Minister Alexis Tsipras […]
Wolfgang Schäuble repeats – If Greece wants to stay in the euro must reform “regardless of the debt level”
Daily Star — Finance minister Wolfgang Schäuble has once again insisted Athens must implement reforms or face losing the shared currency.The country is more than […]
OECD questions EU’s Stability and Growth Pact rules
Social Europe — The latest OECD’s Economic Outlook (EO) contains several surprises. First, it argues for a rethink of the current fiscal policy stance. Secondly, […]
Europe’s still dithering over Greece
Bloomberg — This week, the European Union’s finance ministers granted some new debt relief to Greece. The new “short-term” measures are better than nothing — […]
Eurogroup endorses RSM plan for short-term debt relief for Greece
Xinhua — The Eurogroup on Monday endorsed short-term debt relieving measures for Greece proposed by the European Stability Mechanism (ESM) which will have “a significant […]
Germany pushes to punish bankrupt Greece
breitbart.com – Eurozone finance ministers meet Monday 5/11 as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it […]
IMF: Athens to legislate now for more post 2018 austerity measures
: Reuters — Greece expects to reach an initial agreement with its official creditors at a meeting of euro zone finance ministers on Monday on […]
Bill to meet outstanding bailout actions to be put before parliament
eKathimerini — The government is preparing an omnibus bill to cover all the outstanding prior actions required for the second bailout review is in its […]
Greek house prices to return to their pre 2008 values by 2060 – PwC
Greek Reporter — The damage the economic crisis has caused to the housing market is so big that it will take until 2050 for houses […]
ESM proposes short term debt relief for Greece
balkaneu.com — The European Stability Mechanism (ESM) proposes the reduction of Greek public debt by 21.8% as a percentage of GDP in 2060, which will […]
Greek banks propose tax on cash withdrawals
Greek reporter — Greek banks have proposed a tax on cash withdrawals so that Greeks make more electronic transactions as a measure to curb tax evasion. […]
Dijsselbloem – new measures for 2018 and beyond
protoThema — Athens and its creditors are discussing the additional measures Greece will need to take in 2018 when the Greek bailout program ends, according to […]
EU’s Moscovici says Greek bailout review progressing well
Reuters — Greece has made headway in its bailout review and can discuss short-term debt relief measures with its official lenders next month, EU Economic […]