Politico: Greece’s creditors push bailout exit in name only

By BJARKE SMITH-MEYER/ For Greece, the impending exit from its bailout program is a chance to finally throw off the shackles of austerity. Its creditors have other ideas. For the past eight years, Athens has not had control of its economic [...]

National energy plan will be ready by start of autumn, says Energy minister Stathakis

Energy Minister Giorgos Stathakis met with Public Power Corporation (PPC) workers on Wednesday where they discussed the latest developments regarding the company and the electrical energy market. According to the ministry, talks focused on lignite [...]

Three men found guilty over Thessaloniki mayor Yiannis Boutaris attack

A Thessaloniki misdemeanors court on Wednesday found three men guilty of attacking the mayor of the northern Greek city, Yiannis Boutaris, over the weekend, in an attack that sent him to hospital. The court handed a 14- and 21-month suspended [...]

PM Tsipras: By August 2018, the memoranda will belong to the past

Greece is “heading steadily towards the exit from the long crisis and the suffocating surveillance, and only a short distance remains to the end,” Prime Minister Alexis Tsipras said in Parliament on Wednesday. In an address on the [...]

Growth strategy sees economy expanding by average of 2.1 pct between 2020-2022

Greece’s growth strategy foresees an average economic expansion of 2.1 percent between 2020 to 2022, supported by stronger private consumption (1.2 percent), job growth (0.4 percent) and a 7.6 percent pick up in investments. This is the [...]

Decisions on Greek debt will be taken by June 21 Eurogroup, European official says

All decisions regarding Greece’s exit from the programme, including those relating to debt relief, will be taken by the June 21 Eurogroup, regardless of whether the International Monetary Fund (IMF) decides to activate its programme for [...]

FM Kotzias meets State Dept Secretary Pompeo in Washington

Greek Foreign Minister Nikos Kotzias met in Washington on Monday with State Department Secretary Michael Pompeo, as part of a five-day visit to the United States. Pompeo expressed continued support for Greece’s economic recovery, underscoring [...]

PM Alexis Tsipras: There are still some steps to be taken in the final stretch

The conclusion of the fourth programme review is one more decisive step towards a final exit from the memorandum period, but it is not the only one, Prime Minister Alexis Tsipras said on Monday during a cabinet meeting. “There are still [...]

Greece expects to maintain high growth rates in investments, report says

Greece is expected to maintain high growth rates in investments, after a 9.5 pct annual growth rate in 2017, with the European Commission estimating double-digit growth rates in 2018 and 2019, the economy ministry said in its Economic Development [...]

Greek government, institutions reach staff level agreemen

Finance Minister Euclid Tsakalotos announced that the government and the institutions reached a staff level agreement on the fourth review of the Greek programme late Saturday. The minister said that the agreement will be ratified at Thursday’s [...]