Greece, lenders at odds over loose ends in reform programme
Greece and its international lenders are inching towards an accord over a set of extra measures demanded from Athens to qualify for vital rescue funds,
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Greek public sector workers strike over pension reforms
Flights were disrupted and hospitals ran on skeleton staff in Greece on Thursday in a strike called by public-sector workers against the pension and tax
Greek police fire teargas as tempers flare over pensions (Updated)
By Renee Maltezou and Lefteris Papadimas Scuffles broke out and police used teargas during a mass rally in Athens on Thursday as Greeks railed against
New watchdog for provident funds on the cards
A new oversight authority will be set up by the government in order to monitor insurance companies and provident funds, Finance Minister Harris Georgiades told
Greece wants political solution on bad debt dispute blocking review (Updated)
Greece said on Monday it would take a political decision to overcome a dispute with international lenders over the treatment of non-performing loans at Greek
Our View: Greece runs out of time to accept deal
THE DEADLINE given to Greece to reach a deal with international lenders is today, when euro zone finance ministers meet for the fourth time in
Greek debt talks stumble before EU leaders gather
By Jan Strupczewski and Renee Maltezou Negotiations to avert a Greek debt default stumbled on Wednesday and euro zone finance ministers accused Athens of refusing
Merkel and Hollande to tell Tsipras to reach terms with creditors
By Jan Strupczewski and Renee Maltezou The leaders of Germany, France and the European Commission told Greece on Wednesday it must reach a deal with
EU urges Greece to ‘stop wasting time’ on reform (Update 3)
By Jan Strupczewski and Ingrid Melander The head of euro zone finance ministers urged Greece on Monday to “stop wasting time” and buckle down to
‘No decision’ on state lottery privatisation
By Angelos Anastasiou Claims that the state lottery’s is to be privatised are unfounded as, contrary to other semi-state organisations such as CyTA, no cabinet
Repossessions bills remain a threat to troika funds
By Elias Hazou THE BANKRUPT government was expected on Monday to cash in the sixth bailout tranche from international creditors, seemingly putting behind it concerns
Palace powwow on foreclosures
By Elias Hazou THE President will today make what may prove to be a last-ditch bid to coax the opposition into changing their minds and
Lenders conclude Cyprus mission, highlight bad loans
International lenders concluded a fifth review of Cyprus’s economy on Friday, saying the island was making “relatively good progress” after a bailout last year but
NPL’s must be addressed says troika
By George Psyllides CYPRUS’ bailout adjustment programme remained on track, international lenders said on Wednesday, but warned the authorities that non performing loans was an
Troika’s fourth review coming next month
By Staff reporter CYPRUS’ international lenders will on May 6 commence their fourth review of the country’s economic adjustment programme, reports said last night. A
‘On the road to a new economic miracle’
By Angelos Anastasiou Cyprus is on the road to a new economic miracle, President Nicos Anastasiades said on Wednesday, referencing the island’s unexpectedly strong growth
Greece wants to tap bank rescue funds to plug funding gap- paper
Greece and its international lenders are at odds over plans by Athens to tap funds from a bank rescue vehicle partly to cover its 2014-15
Troika due next week for second review
A DELEGATION from Cyprus’ international lenders will be here next Tuesday for their second review of the island’s €10bn rescue package. Technocrats from the European
Government remains cautious despite better than expected figures
The government is not in a rush to revise its estimates upwards despite encouraging data, the finance minister said on Thursday, adding that measures will