Greece and creditors working on mechanism to foresee 2018 primary surplus target

Greece and its creditors are discussing a mechanism that would allow both sides to know before April 2019 if the country has achieved or missed its primary surplus target for 2018, a government official with knowledge of the ongoing negotiations [...]

Greek stocks ended flat in the Athens Stock Exchange on Tuesday

Greek stocks ended flat in the Athens Stock Exchange on Tuesday with investors sidelined awaiting developments in an ongoing round of negotiations between Greek authorities and the country’s creditors to complete a second review of the [...]

PM asked banks to give indebted households and businesses ‘breathing room’, sources say

In a meeting with the Hellenic Bank Association presidency on Tuesday, Prime Minister Alexis Tsipras asked banks to give “breathing room” to indebted households and businesses with non-performing loans, sources said. He also urged [...]

BoG governor discusses CDB’s intention to fund infrastructure projects in Greece

Central bank governor Yannis Stournaras expressed his satisfaction on Tuesday for China Development Bank’s (CDB) intention to expand its presence in Greece mainly through the funding of infrastructure projects, during a meeting with the lender’s [...]

Digital Policy Minister Pappas: Greece will forge ahead in new comms networks, IoT

Greece will not lag behind in the major changes now occurring in the European and international scene with respect to new communication networks and the Internet of Things (IoT), Digital Policy, Telecommunications and Media Minister Nikos Pappas [...]

Family of driver involved in fatal car crash near Thebes are trying to ‘live with the unbearable’

The family of Apostolos Vakakis, owner of Greek toy store retailer “Jumbo”, whose son was involved in the fatal car crash that killed four people on the Athens-Lamia national highway last Sunday said they are trying to live with the “unbearable”. “God [...]

‘We did not try to delay the review’ says Tsakalotos while briefing MPs on Eurogroup

The government’s goal is to conclude talks on the programme’s measures and counter-measures in time for the next Eurogroup in March, Finance Minister Euclid Tsakalotos told MPs on Tuesday. Briefing Parliament’s Economic Affairs [...]

PM Tsipras: The crisis will end when banks can again supply liquidity

The crisis began as a result of the banks’ inability to supply liquidity to the economy and will end when this inability is removed, Prime Minister Alexis Tsipras said in a post on the Greek premier’s Twitter account (@PrimeministerGR) [...]

Government’s sources: What Greece seeks from the negotiations

The main issue for the Greek government in the negotiations with the institutions that start on Tuesday is “the determination of the measures, either positive or negative ones,” government sources said to the Athens Macedonian News [...]

Energy Min Stathakis’ meeting with institutions concluded – Negotiations to resume at 18:00

Energy and Environment Minister George Stathakis’ meeting with the heads of the technical groups of the institutions on the energy policy was concluded. According to an Energy Ministry official the discussions will continue at technical [...]