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Tag Archives: third review

EU official: Greece closing in on end of bailout years

A senior EU official says Greece is within reach of ending its Herculean bailout program which saved it from the brink of bankruptcy. The official said Thursday that eurozone finance ministers meeting next week had “a great willingness to say that, basically, nearly everything had been done” to complete its …

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Greece to launch platform for online foreclosures on Nov 29

The intention of Greek government to start online foreclosures on November 29 was reiterated at a meeting between government officials and the technical experts of the country’s creditors in the Greek capital. According to previous reports, the online foreclosures will be held for properties worth more than 300,000 euros. The …

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Third review: Greece’s creditors in Athens to discuss fiscal targets, privatizations, energy

Greece’s top creditors returned to Athens on Monday for meetings and talks with the Greek government. Aim is to proceed with the third review of the Greek program and conclude the procedures by the end of the year. The first meeting on fiscal matter took place with Alternate Finance Minister …

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IMF trolls Greece claiming ‘it does not ask for extra austerity measures’

The International Monetary Fund insists on additional austerity measures and reiterates that the primary surplus of  3.5 percent of GDP cannot be achieved. In its Greek report published on Thursday, the IMF projects a primary surplus of 2.2% of GDP in 2018. IF the IMF’s forecast is not revised, Greece …

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IMF growth projection for 2018 at 2.6% of Greece’s GDP

The International Monetary Fund on Tuesday said the Greek economy will grow by 2.6 pct in 2018, up from a 2.4 pct growth rate estimate envisaged in a draft budget plan tabled to Parliament by the Greek government last week. The IMF expects the Greek economy to grow 1.8 pct …

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