President Trump for Greece: They will be back. We’re working with them on many things

President Trump and Greece Prime Minister Alexis Tsipras are holding a joint press conference at the White House Tuesday, after meeting together for the first time there since Mr. Trump took office. Last year, Tsipras called Mr. Trump representative [...]

Greek Gross Domestic Product down 0.2 pct in 2016, according to revised data

According to the revised data the Gross Domestic Product (GDP) of the year 2016 in volume terms decreased by 0.2 pct in comparison with the year 2015, against a change of 0.0 pct that was announced for the first estimate in March 2017. The final [...]

Lagarde: Implementation of program, debt relief essential for Greece to return to growth

The decisive implementation of Greece’s adjustment program along with debt relief is important in leading the country out of the crisis, the head of the International Monetary Fund (IMF), Christine Lagarde, said after a meeting with Prime [...]

More than a third of population at risk of poverty or social exclusion in Greece

In 2016, more than a third of the population was at risk of poverty or social exclusion in Bulgaria (40.4%), Romania (38.8%) and Greece (35.6%), according to Eurostat. The at-risk-of-poverty or social exclusion rate has grown from 2008 in ten [...]

Sources: Greek banks speed up actions against strategic bad debtors

Greek banks plan to add strategic bad debtors to an e-auction platform due to begin operating by the end of November, bank sources said on Monday. Such payers have significant incomes and property assets and are capable of repaying their debt [...]

PM Tsipras to meet with President Trump in Washington on Tuesday

Prime Minister Alexis Tsipras of Greece is to meet President Trump in Washington on Tuesday for talks that are expected to focus on military cooperation, economic investment and energy security. Also expected to be part of the discussion: Greece’s [...]

Meetings of the Greek economic staff at Intenational Monetary Fund’s headquarters

Finance Minister Euclid Tsakalotos sent the message that Greece will tap markets with or without the IMF, speaking at the IMF headquarters. According to Michalis Ignatiou’s website, Tsakalotos agreed with IMF chief Christine Lagarde for [...]

Tsakalotos: Democratic, credible procedures are prerequisite for new Europe

The commitment for democratic and credible procedures must be a prerequisite for the architecture of the new Europe, so that citizens can participate in the process, Finance Minister Euclid Tsakalotos said in a speech on the future of Europe, [...]

BoG governor Stournaras: Greek economic recovery is continuing, growth is gathering pace

Greece’s economic recovery continues and growth is gathering pace after the completion of the country’s second program review, Bank of Greece Governor Yannis Stournaras said at an event organized by Credit Suisse on Wednesday. “The [...]

International Monetary Fund: We are not asking Greece to take extra measures

The International Monetary Fund (IMF) explained on Thursday that it is not asking the Greek government to take additional measures to cover the budget gap arising as a result of its differences with the Europeans over the size of the primary [...]