Wait and see, lenders tell Greece on bid to rescind pension cuts
A bid by Greece to rescind pension cuts mandated for next year remains on hold after its international creditors withheld instant approval during their first...
Greece bailout
Greece gets positive reform review from EU exec, Germany still sceptical
The European Commission gave Greece a positive review of its reforms on Monday, paving the way for the disbursement by the eurozone of a €2.8bn...
Greek economy grows in second quarter but strong rebound elusive
Greece’s economy grew modestly in the second quarter but weak demand and scant investment mean a strong rebound after years of recession remains elusive a...
EU violating Greek constitution in statistics row, says Greek minister
A Greek minister accused the European Commission on Thursday of violating the country’s constitution when it called on Athens to quash allegations that its former...
EU’s Moscovici urges Greece to stick to reforms for more debt relief
Greece needs to stick to reforms to regain credibility and earn further debt relief, EU Economic Affairs Commissioner Pierre Moscovici said during a visit to...
ECB could move quickly on Greek bank funding once bailout review complete – sources
By Balazs Koranyi and George Georgiopoulos Greek banks could get access to cheap European Central Bank funding again soon after Athens clinches a deal with...
Greece, EU/IMF lenders resume talks over bailout reforms
Greece resumed talks with its creditors in Athens on Monday over reforms it must make to conclude a drawn-out review of its bailout progress and...
Lenders ask Greece to prepare contingency package of extra reforms
International lenders asked Greece on Friday to prepare a package of additional savings measures which would be passed into law now, but implemented only if...
Greece’s 2015 primary surplus beats target, but already discounted
Greece had a primary surplus last year that beat the target set in its bailout programme, according to the European Commission, but eurozone officials said...
Greek talks with IMF/EU lenders drag on, compromise seen – sources
By Renee Maltezou Greece and its international lenders are edging closer to a compromise on signing off on a review of bailout reforms which could...
Greece resists IMF demands for more pension cuts, boasts better 2015 performance (Updated)
By Angeliki Koutantou Greece cannot accept demands from the International Monetary Fund – one of its international creditors – to cut its pensions yet again...
EU lenders working on plan for gradual Greek debt relief – Greek paper
Greece’s EU lenders have been working on a plan to offer the country gradual debt relief on condition that it adopts additional reforms by 2022,...
Tsipras offers talks on pension reform, rebuffed by farmers
By Lefteris Papadimas Greek Prime Minister Alexis Tsipras said on Wednesday he was willing to talk to protesting farmers over pension reform but said it...
Trickle of inflows point to long road to normality for Greek banks
By George Georgiopoulos Greek banks have seen only a trickle of deposit inflows six months after the country clinched a third bailout to stay in...
Greek economy to stay in recession in 2016 – think tank IOBE
By George Georgiopoulos Greece’s economy contracted by about 0.5 per cent last year, less than previously expected, and will stay in recession this year without...
Greece accepts IMF participation in bailout plan – Dijsselbloem
By Jan Strupczewski and Francesco Guarascio Greece accepts that the International Monetary Fund has to take part in the bailout programme under which Athens receives...
Greece pushes for more health, education staff to cushion blow of cuts
Greece said on Thursday it wanted to persuade its creditors to let it hire more health staff and teachers in the early stages of its...
Greece seeks debt relief deal in February 2016
Greece aims to achieve a deal on debt relief with its eurozone creditors in February to remove financial uncertainty and spur economic recovery, Finance Minister...
Greek PM courts opposition as discontent over pensions grows
By Karolina Tagaris and Lefteris Papadimas Greek Prime Minister Alexis Tsipras will seek the backing of opposition party leaders for unpopular pension reforms demanded under...
Greece passes bailout bill but government majority shrinks
By Renee Maltezou and Karolina Tagaris Greece approved a reform bill on Thursday to secure further bailout funds from its international lenders but Prime Minister...