About: Greek bailout

Economic governance 17-05-2019

Growing concerns over Greece and Italy, as negotiations stall on eurozone budget

Latest Greece and Italy’s fiscal plans raised concerns in Brussels, as the Eurogroup met for another round of negotiations on the budgetary instrument for the Eurozone on Thursday (16 May), without major achievements.
Economy & Jobs 12-03-2019

Eurozone delays Greece debt relief over household insolvency law

Eurozone ministers on Monday (11 March) held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said.
Politics 01-03-2019

Moscovici says Greek budget targets should be reduced

The targets of budget surpluses imposed by lenders on Greece as part of its bailout terms were not realistic and will have to be changed, EU economics affairs Commissioner Pierre Moscovici said on Thursday (28 February).  EURACTIV Greece reports.
Economy & Jobs 27-02-2019

Greece 4.0: Leveraging technological change for an inclusive and sustained economic recovery

How can the Greek economy continue its recovery? Investing in skills and technological change will be part of the solution, argues Cyril Muller.
Electricity 08-01-2019

Greece gives investors another week for coal plant bids

Greece has given investors another week to 15 January to submit binding bids for three coal-fired power plants and a licence to build another one, a senior energy ministry official told Reuters on Monday (7 January).
Economy & Jobs 19-12-2018

Greek parliament approves first post-bailout budget

Greek lawmakers approved on Tuesday (18 December) the country's first post-bailout budget which projects a high primary surplus next year and sees a pick-up in economic growth.
EU Elections 2019 12-12-2018

As finances improve, Greece scraps pension cuts

Greece's parliament on Tuesday (11 December) voted to scrap plans to cut state pensions, in a motion led by the left-led governing coalition hoping to shore up its flagging support ahead of a general election next year.

Greek law gives cleaner 10-year sentence for falsification

A cleaning lady in Greece has been sentenced to 10 years in prison for falsifying her primary school degree in order to find a job in the public sector, under a penal code article that has remained unchanged since 1950.
Agrifood 12-11-2018

Minister: Digitisation of agriculture at the core of post-bailout Greece

The digitisation of the agricultural sector will be at the heart of Greece’s growth following the exit from austerity-driven bailouts, Greek minister Nikos Pappas told EURACTIV.com in a recent interview.
Banking union 08-11-2018

Greek banks’ foul play suspected in Bulgaria

A Greek bank bought the Bulgarian subsidiary of another Greek bank on Wednesday (7 November). The deal seems totally at odds with the terms of Greece’s bailout deal, but not only that.
Competition 12-10-2018

A 1950 law discourages investments in Greece

An old-fashioned law of the Greek penal code dated back to 1950 prevents private actors from investing in projects where the public sector also has a share, thus blocking a potential investment boom the country badly needs.
EU Elections 2019 11-09-2018

Tsipras urges ‘progressives’ to join forces against neoliberalism and populism

Greek Prime minister Alexis Tsipras told progressive and pro-European parties on Tuesday (11 September) to join forces against “extreme” neoliberalism and far-right populism, whose discourse has become dominant within conservative forces.
Economy & Jobs 20-08-2018

Commitments have to be respected, EU tells Greece

Greece will now be “a normal country” but the reforms and the ambitious fiscal targets agreed with its lenders must be respected,  the Commissioner for economic affairs, Pierre Moscovici, said on Monday, the day the Hellenic nation exited its bailout programme.
Economy & Jobs 20-08-2018

Has the eurozone learned from its Greek odyssey?

Greece will formally turn the page on its debt saga this week, but the eurozone remains vulnerable to further crises, with economists particularly worried about the situation in Italy.
Economy & Jobs 20-08-2018

Greece exits bailout programme but faces hard times ahead

Greece concluded its rescue programme on Monday (20 August), marking a milestone in its recent history and the end of the most difficult period for the euro area, but analysts and officials said the country faces an uphill struggle to maintain its economy sustainable.
Economy & Jobs 10-08-2018

Greece’s unemployment falls under 20% after 7 years of bailout

Greece's unemployment rate, the highest in the European Union, has dropped below 20% for the first time in seven years, statistics bureau Elstat reported on 9 August.
Economy & Jobs 11-07-2018

Greek minister: Neoliberalism and xenophobic far-right are ‘two sides of the same coin’

A broad progressive front should be established in order to face rising extreme-right ahead of the EU election in 2019 Greece's Alternate Economy Minister Alexis Charitsis told EURACTIV.com, adding that neoliberalism and far-right are “two sides of the same coin”.
Economy & Jobs 04-07-2018

Moscovici warns Mitsotakis not to undermine Eurogroup’s deal on Greece

EU Economics Commissioner Pierre Moscovici has warned Greek conservative opposition leader Kyriakos Mitsotakis not to undermine the credibility of Greece's deal with the Eurogroup and the exit of the country from the bailout “for reasons of internal politics”.
Economy & Jobs 04-07-2018

New Democracy scolds Moscovici for backing clean exit from bailout

Greece’s conservative main opposition party “recommended” to EU Commissioner for Economic and Financial Affairs Pierre Moscovici to be “more careful” in his public speeches when he praises the government and the country’s exit from the bailout.
Economy & Jobs 21-06-2018

Germany earned €2.9 billion from Greece’s debt crisis

Germany turns out to be a major beneficiary of Greece’s debt crisis as it earned a total of €2.9 billion between 2010 and 2017. This emerges from a response of the Federal ministry of finance in Berlin to a parliamentary request from the Greens (Bündnis90/Die Grünen) in the German Bundestag obtained by EURACTIV.
Economy & Jobs 21-06-2018

Eurozone ministers seek end to Greece bailout odyssey

Eurozone ministers will on Thursday (21 June) try to resolve their differences over the terms of Greece's departure from its massive bailout programme with splits over the degree of debt relief needed by cash-strapped Athens.
Economic governance 14-06-2018

Eurogroup nears debt deal for Greek bail-out exit

Greece and its creditors are getting closer to a deal on a debt relief package to be sealed during the next Eurogroup meeting on 21 June, senior EU officials said on Wednesday (13 June).
Economy & Jobs 25-05-2018

Eurozone to decide terms of Greek bailout exit, debt relief in June

Eurozone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday (24 May).
Future EU 23-05-2018

An Italian job to shield the euro

Market pressure, the strong hand of EU institutions and the limits of power will determine how far the new Italian government will go in shaking up the eurozone’s status quo.

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