Tag: Greece

#Greek tax workers protest against austerity as euro group meets in Brussels

#Greek tax workers protest against austerity as euro group meets in Brussels

| March 20, 2017 | 0 Comments

Greek tax service employees took their protest against bailout-driven austerity to the heart of government on Monday (20 March), as Athens waits to hear if its reform plans are enough to satisfy eurozone finance ministers meeting in Brussels, writes George Georgiopoulos. A large, three-floor high banner that read ‘stop austerity’ was hung by the tax […]

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Jaded Greeks resigned to more #austerity

Jaded Greeks resigned to more #austerity

| February 21, 2017 | 0 Comments

When asked what he thought about the prospect of yet more austerity to be imposed on Greece by its international creditors, Nicos Papapetrou was fairly short, writes Lefteris Papadimas. “I had better stop … because I will start swearing,” 49-year old Papapetrou, a shop assistant in Athens said. Greeks appeared resigned on Tuesday to accepting […]

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#Greece: MEPs say it’s time to act on debt crisis

#Greece: MEPs say it’s time to act on debt crisis

| February 15, 2017 | 0 Comments

Greece and its debt problem are back on the EU’s agenda. A team of EU officials and representatives of the International Monetary Fund (IMF) are expected to return to Athens to evaluate whether the country has implemented the latest reforms agreed under the current bailout, a necessary step for further international support. MEPs discussed the […]

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Germany wants Greece in #eurozone, IMF says no special deals

Germany wants Greece in #eurozone, IMF says no special deals

| February 14, 2017 | 0 Comments

Germany on Monday (13 February) voiced support for Greece to stay in the euro zone and the European Commission dispatched a senior official to Athens to persuade it to take on further reforms to salvage its bailout accord, writes Jan Strupezewski and Joseph Nasr. International Monetary Fund chief Christine Lagarde, meanwhile, remained firm that as […]

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#Grexit: Greece should quit eurozone, get debt relief, German party leader says

#Grexit: Greece should quit eurozone, get debt relief, German party leader says

| February 9, 2017 | 0 Comments

Greece should leave the eurozone and then be given debt relief, the head of Germany’s pro-business Free Democrats (FDP) told a German radio station on Thursday (9 February). Greece should, however, remain in the European Union, FDP leader Christian Lindner told Deutschlandfunk, so it can get subsidies to put into infrastructure or help small- and […]

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After stronger 2016, #Greece hopes lenders will drop austerity demands

After stronger 2016, #Greece hopes lenders will drop austerity demands

| January 26, 2017 | 0 Comments

Greece hopes stronger than expected public accounts in 2016 will convince its lenders to sign off on a bailout review without demanding more austerity, government officials said before a meeting of euro zone finance ministers, writes Lefteris Papadimas. The officials told Reuters that last year’s primary surplus – which excludes debt servicing costs – reached […]

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Germany denies devising Greek rescue plan without #IMF

Germany denies devising Greek rescue plan without #IMF

| January 18, 2017 | 0 Comments

Germany expects the International Monetary Fund to participate in Greece’s bailout programme, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing for a deal without the global lender, writes Gernot Heller. Divisions over labor reforms, fiscal targets and debt relief have prevented Greece and its foreign lenders from concluding […]

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