About: Greek crisis

Economy & Jobs 19-05-2017

Greek parliament approves more austerity to unlock bailout funds, debt relief

Greek lawmakers on Thursday (18 May) approved pension cuts and tax hikes sought by the country's lenders to unlock vital financial aid, as angry demonstrators protested outside parliament over new austerity, the latest since the country plunged into crisis seven years ago.

Economy & Jobs 15-05-2017

Greece slashes GDP forecast in new budget plans

The Greek government on Sunday (14 May) slashed its GDP growth forecast for 2017 as it moved towards submitting new austerity measures, including a wider tax net, for approval by lawmakers.

Economy & Jobs 12-05-2017

Greek opposition rebukes Commission over praise for Tsipras government

Greece’s main opposition party, New Democracy, felt “surprised” on Wednesday (10 May) when European Commission Vice-President Andrus Ansip praised the Tsipras government for improvements it has made to the economy.

Brexit 09-05-2017

Brexit will cost Greece up to 0.8% of GDP, minister says

The British exit from the European Union will have consequences for the Greek economy, especially on tourism, Deputy Minister of Foreign Affairs George Katrougalos said on Monday (8 May).

Alexis Tsipras’ government is building a media oligarchy

Greece’s coalition government is building new networks of corruption while still dealing with the old ones, in a bid to control and restrict the freedom of the press, Vasilis Kikilias writes.

Economic governance 05-05-2017

Eurozone to mull Greek debt relief once reforms take place

Eurozone governments will consider medium-term debt relief for Greece as promised in a statement in May 2016 once Athens implements the reforms it agreed to earlier this week, a eurozone official said on Thursday (4 May).

Politics 03-05-2017

Syriza hits out at Weber after ‘communist prime minister’ comment

Manfred Weber, the leader of the EPP group in the European Parliament, today (3 May) said that the only remaining problem for Greece is that its prime minister, Alexis Tsipras, is a communist.

Economy & Jobs 02-05-2017

IMF says EU still needs ‘credible’ debt relief for Greece

Despite an agreement reached Tuesday (2 May) on a reform package, Europe still needs to provide "credible" debt relief to Greece before the International Monetary Fund can provide more financing, an IMF official said.

Economy & Jobs 28-04-2017

Greek SMEs vie for center stage in Juncker’s investment plan

The Greek government will try to use the Investment Plan for Europe in order to boost cash-strapped small and medium enterprises. EURACTIV Greece reports.In Greece, so-called “red” loans have exceeded €100 billion, representing 10% of all non-performing loans at EU level (€1.1 trillion).Of these, 68% belong to small and medium-sized enterprises (SMEs). At the …

Climate change 28-04-2017

Sustainable economic reconstruction holds the ‘key’ to Europe’s future

As our world slides down the slippery road of demagoguery and hate-driven politics, now is the time for Europe to rise from its own deep crisis and be the global leader we all need, writes Demetres Karavellas.

Economy & Jobs 26-04-2017

Greece calls for debt relief as bailout talks resume in Athens

Greece's prime minister held out for a commitment from lenders to debt relief on Tuesday (25 April), and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a 22 May target.

Agrifood 25-04-2017

Weak cooperatives and high input costs hike Greek food prices

In Greece, cooperatives play a limited role in the food supply chain. Combined with rising overhead costs, this has contributed to the erosion of local farmers' incomes, while emptying the wallets of consumers.

Elections 21-04-2017

Greek 2016 primary surplus at surprisingly high level

Greece in 2016 registered a primary surplus of 3.9% of output, its statistics agency said today (21 April), in an important announcement for the country's reform talks with its creditors.

Economy & Jobs 19-04-2017

IMF insists that Greece needs a debt restructuring

The International Monetary Fund (IMF) will participate in the Greek bailout programme on the condition that the country’s debt is sustainable and, thus, a restructuring will be needed, IMF chief Christine Lagarde warned on Tuesday (18 April).

Economy & Jobs 14-04-2017

US government ‘open’ to IMF participation in Greek bailout

Washington will keep an “open mind” regarding the participation of the International Monetary Fund (IMF) in the Greek bailout programme, a senior US Treasury official said yesterday (13 April).

Future EU 10-04-2017

Syriza: Europeanism without federalism is ‘meaningless’

Proclaiming a pro-EU stance without supporting federalism is “meaningless” and amounts to talking the talk but not walking the walk, according to Greece's digital policy minister.

Economy & Jobs 07-04-2017

Crețu tells Athens ‘We are not Soviet Commissioners’

EU Regional Policy Commissioner Corina Crețu called the Greek government yesterday (6 April) to work more closely with the executive regarding the implementation of the Juncker Investment Plan. EURACTIV Greece reports.

Future EU 27-03-2017

SPD chairman: Austerity is an ideology, not a successful economic strategy

A victory for Martin Schulz in the German election will be a chance for Europe to bring an end to “unsuccessful” austerity policies and bring back social justice to Europe, Thomas Oppermann told EURACTIV.com in an interview.

Economy & Jobs 24-03-2017

Greece still stuck in bailout due to lack of political consensus

In contrast with Cyprus, a lack of political will among Greece's political parties and appetite for cooperation has kept the country locked in a painful bailout programme, experts have warned. EURACTIV Greece reports.

Future EU 24-03-2017

Tsipras asks Juncker if the ‘European acquis’ applies to Greece

Greek Prime Minister Alexis Tsipras sent yesterday (23 March) a letter to European Commission President Jean-Claude Juncker asking if the bloc's acquis communautaire applies to all EU countries without exception or it’s applicable to all except Greece.

Politics 22-03-2017

Dijsselbloem ‘mail bomb target’, says spokesman

Eurogroup chief Jeroen Dijsselbloem was targeted by a mail bomb which had been "intercepted", his spokesman said yesterday (21 March), a day after Greek police found eight "suspect" packages addressed to European officials.

Economy & Jobs 21-02-2017

Greece’s lenders shift from austerity to reforms

The Eurogroup took a small step on Monday (20 February) towards the completion of the second review of Greece's €86 billion rescue programme, placing the emphasis on reforms over austerity to reduce the country's huge debt pile.

Economy & Jobs 20-02-2017

Schäuble denies ‘Grexit’ threat, says Greece on right path

German Finance Minister Wolfgang Schäuble denied yesterday (19 February) that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.

Global Europe 06-02-2017

Schäuble: UK shouldn’t be punished for Brexit

German Finance Minister Wolfgang Schäuble told Euractiv's partner Der Tagesspiegel that dealing with new US President Donald Trump requires a "calm" approach and that the UK shouldn't be punished for Brexit.