April 21, 1967 will always been known as a day that forever changed Greek history, when the military took over government and installed CIA-connected Colonel Georgios Papadopoulos into power. Papadopoulos achieved this…
Tag: debt
The head of Greece’s Independent Public Revenue Authority (AADE) Giorgos Pitsilis on Monday encouraged citizens to conduct transactions online as much as possible, after announcing that as of March 16 all of Greece’s…
Greece announces additional financial measures to protect the economy from the impact of coronavirus
In an attempt to keep the economy afloat in the aftermath of the coronavirus crisis, the Greek government announced on Monday, additional support measures for some 800,000 businesses, 1.7 million private-sector employees…
The Greek government expressed satisfaction following the green light it was given on Monday by the European Stability Mechanism (ESM), for Greece’s early partial repayment of its outstanding loans to the International…
Greece just got an ‘upgrade’ on Monday on its long-term foreign- and local-currency issuer ratings to BB from BB-, with a Positive Outlook, courtesy of a German ratings agency. The German-based rating…
The IMF reported on Wednesday that Greece is on track to meet its fiscal targets for primary surpluses up to 2022. The news published in the the “Fiscal Monitor” report was presented…
Greece’s Prime Minster, Alexis Tsipras stated while addressing a cabinet meeting on Monday that the government’s goal was that by October 2019, Greeks will be able to see that “Greece is a different country…in which…
Following his meeting on Friday with Hellenic Bank Association (HBA) Chairman Nikos Karamouzis and Greece’s Prime Minister Alexis Tsipras, issued a statement affirming that both his government and the banks are ‘committed…
Athens police authorities announced that violent clash between armed groups of both Greek and Albanian nationals in the Athens suburb of Gerakas, started as a settling of scores between two Albanians over…
IMF Managing Director Christine Lagarde has demanded the technical details of Greece’s debt relief be decided now, whilst the extent of debt relief be decided in 2018. Speaking at an event held…
The troika, or ‘institutions’ as they’ve been eloquently reworded, are back in Athens today in the hope of reaching a staff-level agreement within two weeks with Greek authorities in their pursuit to…
Greece has signalled that it will resist IMF demands on more measures especially in the area of industrial relations and the labour market as it prepares for today’s Eurogroup. “We have made…
The impasse between Greece’s creditors and the IMF over the need to restructure the country’s unsustainable debt has drawn a response from the USA, with the U.S. Treasury Secretary Jack Lew stating…
The German government was quick to respond to the war debt issue raised by Greece, saying the matter is closed. “The issue of German reparations is definitively, legally and politically closed,” said…