Greek economy
Tsipras: The passport for what we call a clean exit is the overperformance of the Greek economy
The efforts of the Greek people allow a clean exit from the memorandum programme without any precautionary credit line, in the same way as the other EU member-states that successfully concluded financial assistance programmes, Prime Minister Alexis Tsipras said on Thursday in a meeting with European Commission President Jean-claude Juncker. Based on the economic policy […]
PM Tsipras: Greece will exit memoranda and surveillance in August
Greece is at the end of a difficult course, Prime Minister Alexis Tsipras said at SYRIZA’s parliamentary group on Monday.
IMF World Economic Outlook: Greek growth to reach 2% this year
The Greek economy will return to high growth rates as of 2023, when the targets for primary surpluses have receded, the International Monetary Fund (IMF) said in its April 2018 World Economic Outlook report, presented on Tuesday at its Spring Meetings in Washington, DC.
Finance Minister Euclid Tsakalotos on new bond issue: ‘Results exceeded our expectations’
The results from Greece’s attempt to tap the markets with the issue of a new five-year bond on Tuesday had exceeded the government’s expectations, Finance Minister Euclid Tsakalotos said after meeting Prime Minister Alexis Tsipras.
If reforms continue, Greece will tap markets, ESM chief Klaus Regling says
We want to help greece to achieve debt sustainability and have a strong and healthy economy with high growth rates that will enhance employment, ESM chief Klaus Regling said in an interview with Efimerida ton Syntakton newspaper on Saturday.
Valdis Dombrovskis: Important to conclude Greek review as soon as possible
The Vice President of the European Commission Valdis Dombrovskis stressed the need to conclude Greece’s second program review as soon as possible to ensure the country’s economic recovery, during a speech at a conference of the American Enterprise Institute titled “Transatlantic cooperation – key for jobs and economic growth”, held in Washington DC.
Stournaras urges debt relief so Greece can regain market access in 2018
Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation. Greece should achieve growth rates of 2.7 pct of GDP in 2017, provided the second review […]
Negotiations with institutions on second review to start at end of the week
Greece’s negotiations with the institutions on the second programme review will start at the end of the week. The reason for the delay is IMF’ representative Delia Velculescu’s later arrival in Athens. Talks on a technical level started on Monday.
Greek economy to grow by 2.7% in 2017 if reforms implemented, Moscovici says
The European Commission forecasts that the Greek economy will return to growth in the second half of the year and could grow by 2.7 pct in 2017 on the condition that the country implements vital reforms agreed in a bailout programme, EU Commissioner for Economic Affairs Pierre Moscovici said in video address shown at a […]
Juncker to Tsipras: ‘You’re doing a good job with the refugee crisis’
European Commission President Jean-Claude Juncker expressed to Prime Minister Alexis Tsipras his satisfaction for the “significant Greek efforts” in fulfilling g the country’s commitments towards the EU on the refugee issue during their meeting in Brussels on Wednesday afternoon, European sources said.