Tag Archives: program

“No more memoranda for Greece,” European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici said in an interview with the European Progressive Forum. “Greece will become, in economic terms, a normal European country once again.” Moscovisi stressed adding however, that “Greece’s economic policies will be monitored through the …

Read More »

The final touches are being added to the program for the first official visit of Prince Charles and  Duchess of Cornwall Camilla to Athens and Heraklio, Crete, scheduled to take place on May 9th and 10th 2018. The first day of the visit is very busy and involves several joint …

Read More »

“Greece has gone through a very long period of economic adjustment and is now preparing to stand on its own feet as the program is approaching its expiration in August,” Eurogroup President Mario Centeno told the Athens-Macedonian News Agency (ANA) in an interview on Tuesday, noting he sees “enormous potential” …

Read More »

President of Israel, Reuvin Rivlin, arrived in Athens late Sunday night for a three-day official visit following an invitation by Greek President Prokopis Pavlopoulos. Rivlin will meet with Pavlopoulos and Prime Minister Alexis Tsipras on Monday. He will lay a corner stone for the Holocaust Museum in Thessaloniki on Tuesday. …

Read More »

“The International Monetary Fund will not activate its program if there is no agreement on debt relief for Greece, ” Fund’s spokesman Gerry Rice said during a regular briefing on Thursday. Rice clarified that the € 1.6 billion program approved by the Fund for Greece will not come into force …

Read More »

Greece can proceed with the implementation of the bailout program with or without the participation of the International Monetary Fund (IMF), says Greek Finance Minister Euclid Tsakalotos. According to Greek media reports, Tsakalotos told a panel on Thursday night at the Elliott School of International Affairs at George Washington University, …

Read More »

Greece must wrap up an upcoming bailout review quickly to pave the way for a “clean” bailout exit next summer without further conditions beyond standard monitoring, Eurogroup Chairman Jeroen Dijsselbloem said during a visit to Athens on Monday. “We are in full agreement for that – it should be a …

Read More »

Europe has to say no to additional measures that hamper growth in Greece, French President Emmanuel Macron said in a televised interview given jointly to the public broadcaster ERT and the private channel ANT1. He sent the message that “we must move away from Europe of austerity and assume our …

Read More »

More than 2,000 policemen in uniform and hundreds in civilian clothes will be deployed in downtown Athens on Thursday and Friday, when French President Emmanuel Macron will pay his first official visit to Greece. The sound of police helicopters will accompany every step the French president will take – whether …

Read More »

German Chancellor Angela Merkel considers that the situation in Greece of strict austerity, bailout agreements and income decreases “is in a much better state than a year ago.” She also expressed confidence that when Greece implements the outstanding 100+1 austerity measures of the third bailout agreement and its revisions  “more …

Read More »

Greek central banker, governor of Bank of Greece, Yannis Stournaras pointed to instability on the part of institutions in the country, as well as a lack of credibility and courage on the part of the domestic political system to “tell the people the truth”, as the primary reasons that Greece …

Read More »

Solid as a rock in a Wagner opera. German Finance Minister Wolfgang Schaeuble brings the negotiations on the Greek debt to another level of the blatant blackmail. The current Greek aid program will end if the International Monetary Fund remains out of the program. According to the spokesman of the …

Read More »

Prime Minister Alexis Tsipras is to suggest to European counterparts this week that the International Monetary Fund should be left out of the Greek program or remain as technical adviser. The Prime Minister is expected to make the proposal to French President Francois Hollande with whom he will have talks …

Read More »

Approximately 1,500 refugee children started lessons at 30 public schools across Greece on Monday despite being received with mixed reactions by the locals. While in some schools the they were warmly welcome, in some others parents staged protest actions and some even did not send their own kids to schools. …

Read More »

The chief of European Stability Mechanism Klaus Regling wanted to send a positive message to Greece – and apparently did not know how. apparently he also did not want to be so …obvious and committed. So he picked up a newspaper with headquarters in South Korea and spread his message …

Read More »

At least 2,500 members of Greek police, security and anti-terror units, have already been deployed all along the way from Athens airport to the city center, where the Russian President Vladimir Putin will visit President Prokopis Pavlopoulos first and Prime Minister Alexis Tsipras half an hour later. The Greeks will …

Read More »

For one more time, the International Monetary Fund admitted that it has made mistakes in its program for Greece. This time the mistakes admission came by the Managing Director of the Fund, Christine Lagarde. “We have acknowledged one mistake, which had to do with the fiscal multipliers,” Lagarde told Bloomberg …

Read More »

The number of Greece’s supervisors is apparently growing: The European Parliament is seeking a role in the supervision of the Greek bailout program. Incredible? Yes! And why is that? Because ex Prime Minister Alexis Tsipras sent a relevant request to EP President Martin Schulz on August 20th 2015, just hours …

Read More »

+++ Jeroen Dijsselbloem after Eurogroup meeting: “There could not be program extension, it expires tonight. The Greek proposal will be examined after the Referendum.” That was also Germany’s stance, to discuss again on Greece after the Referendum. A Eurogroup meeting via teleconference will be held 12:30 noon BE time (GR …

Read More »

In a letter sent today to Eurogroup head Jeroen Dijsselbloem, Greek Prime Minister Alexis Tsipras requests financial support from the European Stability Mechanism in form of two loans in order to serve Greece’s domestic and external debt and thus for the period of two years 2015-1027. In a two-page letter …

Read More »