About: Greek bailout

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.
Economy & Jobs 11-05-2018

All lights ‘set on green’ for end to Greek bailout, says Luxembourg finance minister

Greece’s exit from a bailout program instituted by the eurozone and International Monetary Fund looks set to proceed in August, Luxembourg finance minister Pierre Gramegna said on Friday (11 May).
Economy & Jobs 30-04-2018

OECD chief: The only Grexit is from the bailout

The only Grexit scenario that is currently on the table is the one from the bailout programme, Angel Gurría, the Secretary-General of the Organisation for Economic Co-operation and Development (OECD), said on Monday (30 April).
Energy 20-04-2018

Greece accepts Snam-led consortium’s offer for gas grid DESFA

Greece has accepted a €535 million offer from a consortium led by Italy's Snam for a majority stake in gas grid operator DESFA, naming it the "preferred investor", its privatisation agency said on Thursday (19 April).
Economy & Jobs 19-04-2018

Greece launches tender for Hellenic Petroleum privatisation

Greece launched an international tender on Wednesday (18 April) to sell a majority stake in its biggest oil refiner, Hellenic Petroleum, as agreed under its third international bailout.
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 31-01-2018

Greece wants clean break from lenders, preparing own post-bailout plan

Greece expects to make a clean break with official lenders when its international bailout expires in August and has no reason to seek a precautionary credit line, its finance minister has told Reuters.
Economy & Jobs 23-01-2018

Greece gets green light for fresh bailout cash

Eurozone finance ministers approved another 6.7 billion euros in bailout cash for Greece yesterday (22 January) after Athens pushed through controversial reforms that drew strikes and protests.
Economy & Jobs 22-01-2018

Greece’s debt relief is ‘highly probable and advisable’, says EWG chief

After a successful conclusion of the bailout program, Greece is very likely to get adequate debt relief but will probably remain under post-programme supervision "for a long time", Thomas Wieser, the outgoing chief of the Eurogroup Working Group (EWG), told Athens new agency in an interview.
Economy & Jobs 12-01-2018

Turning the page on the eurozone crisis: Economy and Finance in 2018

On the tenth anniversary of the financial crisis, the European Union will definitively turn the page on the worst economic crisis in its history with the closure of the Greek rescue programme and the last excessive deficit procedures, while adopting the biggest overhaul of its financial sector in years.
Energy 19-12-2017

Greece to push back DESFA gas grid privatisation deadline

Greece’s privatisation agency (HRADF) will push back to February the deadline for the submission of binding offers for a 66% stake in natural gas grid operator DESFA, a source close to the process said on yesterday (18 December).
Economy & Jobs 04-12-2017

Greece, lenders reach deal on reforms under bailout review

Greece and its euro zone creditors reached a preliminary deal on Saturday (2 December) on reforms Athens needs to roll out under its bailout programme, a move that could pave the way for the country to leave the aid plan in August.
Economy & Jobs 22-11-2017

EU auditors insist on full probe into ECB’s role in Greek bailouts

The European Court of Auditors (ECA) insists it had the right to look into the role of the European Central Bank in Greek bailouts, based on the Lisbon Treaty and a European Parliament resolution, and is now seeking ways to access the documents the ECB has refused to hand over.
16-11-2017

ECB denies EU auditors access to information on Greek bailouts

The European Central Bank (ECB) questioned the mandate of the European Court Auditors (ECA), the watchdog of EU finances, to examine the Bank’s role in the Greek Economic Adjustment Programmes and did not provide “sufficient” information.
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.
Economy & Jobs 05-10-2017

Greek archaeologists’ decision clears way for Hellenikon tourism project

Greece welcomed a decision by senior archaeologists to conditionally permit a major tourism project in Athens yesterday (4 October), saying it cleared the way for the country to turn the site into one of Europe's biggest coastal resorts.
Economy & Jobs 26-09-2017

Dijsselbloem: Greece must wrap up review rapidly to start talks on bailout exit

Greece must wrap up an upcoming bailout review quickly to pave the way for a “clean” bailout exit next summer without further conditions beyond standard monitoring, Eurogroup Chairman Jeroen Dijsselbloem said on Monday (25 September).
Elections 26-09-2017

Oettinger suggests stripping Schäuble of finance role

EU Budget Commissioner Günther Oettinger said on Monday (25 September) that Finance Minister Wolfgang Schäuble would make an "ideal" president of parliament, raising the possibility of a role change for a man long associated with unflinching austerity in the eurozone.
Economy & Jobs 08-09-2017

Macron urges Europeans not to push Greece toward non-EU investors

French President Emmanuel Macron urged EU member states on Friday (8 September) to show trust and make “European” investments in Greece in order to avoid pushing the debt-ridden Mediterranean country towards financial options outside Europe.