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Tag Archives: post-bailout

IMF sees “rising risks” in Greece’s debt servicing capacity, insists on taxing the poor

The International Monetary Fund Executive Board concluded its first post-bailout program monitoring of Greece. The country’s debt servicing capacity is “adequate” the IMF report notes and cites “rising risks” especially from banks, benefits as well as court decisions about retroactively annulling pension cuts. Speaking to state broadcaster ERT TV, the …

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First post-bailout reshuffle expands gov’t influence to ex PASOK, ND

The fist post-bailout government of Greece has been announced on Tuesday afternoon. Thirteen new persons, among them six women: Mariliza Xenogiannakopoulou -ex minister in PASOK government under Giorgos Papandreou  -, Myrsini Zorba ex MEP under Simitis government- as well as conservative Katerina Papakosta – former minister in New Democracy governments …

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Greece’s main opposition ND: Not bound by post bailout commitments

The leader of Greece’s main opposition party, conservative New Democracy, said that his party will not be bound by the terms of a post-bailout agreement being negotiated between the government and international creditors, arguing he would implement more aggressive cost cuts. Kyriakos Mitsotakis made the remarks Thursday as Greek officials …

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Greece needs post-bailout watching despite big surplus, says Citigroup

Citigroup has joined a chorus of critics in warning that Greece will need decades of monitoring when three international bailouts of 326 billion euros ($398.82 billion) end in August, undercutting Prime Minister Alexis Tsipras’ claims of a “clean exit” after what would more than eight years of rescue packages and …

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