About: Greek austerity

Economy & Jobs 06-03-2018

Eurogroup chief: ‘I see enormous potential in Greece’

Greece has enormous potential and is getting ready to stand on its own feet when it exits its EU bailout in August, Eurogroup leader Mario Centeno told EURACTIV.com's media partner Athens-Macedonian News Agency (ANA) in an interview.  
Economy & Jobs 26-02-2018

Greek business chief: Novartis scandal must be dealt with quickly to avoid ‘social eruption’

The Novartis scandal in Greece exists and the people responsible for it should be dealt with quickly in order to avoid a “social eruption”, Greek business leader Konstantinos Michalos told EURACTIV.com in an interview.
Economy & Jobs 14-02-2018

Moscovici: Greece needs no ‘precautionary credit line’ but own growth strategy

Greece will not need a precautionary credit or anything that looks like a forced programme after it exits the bailout, and any new surveillance should treat Greece "as a normal country", EU's Economic and Monetary Commissioner Pierre Moscovici said.
Economy & Jobs 14-02-2018

Not the time to discuss Greece after bailout, Commission says

Greece and its creditors will discuss the appropriate type of post-programme surveillance of the country or any support arrangement "at the appropriate time", a European Commission spokesperson told EURACTIV.com.
Economy & Jobs 31-10-2017

Tsipras says Greece will exit bailout in August 2018

Greek Prime Minister Alexis Tsipras said on Monday (30 October) that the government’s plan to put the public finances in order was working and that the country would be out of the bailout programme in August 2018.
Health 25-10-2017

Greek government on collision course with pharmaceutical companies over innovative drugs

Several pharmaceutical companies in Greece have threatened to stop supplying the market with innovative drugs and said they could even withdraw existing drugs as a result of an obligatory “discount” imposed by the Greek government and applied retroactively.
Economy & Jobs 04-09-2017

Moscovici: Greek bailout was a ‘scandal’ for democratic procedures

The Eurogroup’s handling of Greece’s bailout programme was a scandal in terms of democratic processes, Economic Affairs Commissioner Pierre Moscovici insisted in an interview with Italian media.
Economy & Jobs 01-08-2017

Prosecutor says Greece’s former statistics boss is guilty

A prosecutor said on Monday (31 July) that the former head of Greece’s statistical office was found guilty as he did not consult fellow board members about the much-discussed revised 2009 deficit figures. The prosecutor also said he was an employee of the IMF at the same time.
Economy & Jobs 26-07-2017

Greek minister: With progressive federalism EU will regain citizens’ trust

In order for Europe to address the current governance issue and convince citizens that it works in their interest it should turn to a left-wing progressive federalism model, Nikos Pappas told EURACTIV.com in an interview.
Economy & Jobs 24-07-2017

Greece breaks three-year isolation and returns to debt markets

After three years of “exile”, Greece will return on Monday (24 July) to the international debt markets, testing the waters to see if it can begin to wean itself off bailout loans after tough reforms.
Economy & Jobs 15-06-2017

Greece did its part; now it’s the Eurogroup’s turn

Greece has made huge sacrifices and the government has made significant reforms. Now the ball is in the Eurogroup's court to provide the necessary certainty to both people and the markets via a debt deal, writes Roberto Gualtieri.
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.