bailout programme
By Paul Wallace FOR once Europe has an exit to celebrate rather than dread. On Monday, more than eight years after its first euro zone...
Georgiades says under ‘unbearable pressure’ to spend in public sector
Finance Minister Harris Georgiades on Sunday urged MPs to up vote the bill on the state payroll otherwise, sooner or later, the country would find...
Fin Min urges parliament to approve key privatisation bill
Finance Minister Harris Georgiades urged parliament on Thursday to approve a bill on the privatisation of state telecoms company CyTA, thus meeting the conditions set...
Greek judge appointed caretaker PM ahead of elections
By Renee Maltezou and Deepa Babington Greece’s top Supreme Court judge was sworn in as caretaker prime minister on Thursday to lead the country to...
Europe moves to restore funding to Greece after bailout vote (Update 3)
By Lefteris Karagiannopoulos and George Georgiopoulos Europe moved to re-open funding to Greece’s stricken economy on Thursday, hours after a fractious Greek parliament approved a...
Greek banks could be solvent for days after default (Updated)
Greece’s banks might not be declared insolvent for several days after a default, a European Central Bank supervisor said, offering the prospect of some temporary...
Greece willing to compromise with EU/IMF – government
By Renee Maltezou and George Georgiopoulos Greece is willing to compromise to reach a deal with its EU/IMF creditors that is acceptable to both sides...
MPs focus on logistics of foreclosure sales
By Elias Hazou MPS ON Monday continued discussion of the regulations governing the auctioning of properties in foreclosure, with the aim of voting them into...
Greek PM says wants “honest compromise” but not at any cost
By Lefteris Papadimas and Renee Maltezou Prime Minister Alexis Tsipras appealed for an “honest compromise” with lenders but warned Greece would not agree to an...
Greek government denies finance minister Varoufakis to resign
By Deepa Babington Greece’s outspoken Finance Minister Yanis Varoufakis is not planning to resign, two Greek government officials said on Friday, denying a report in...