About: Greek crisis

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 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 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.
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).
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).
Future EU 08-05-2018

S&D chief tells Greek progressives to rally against New Democracy ‘chaos’

S&D President Udo Bullmann called on progressive political forces in Greece to join forces as the “only way to the country’s future” and not turn to a conservative New Democracy government, which has a big responsibility for the crisis.
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 13-04-2018

Minister: EU cohesion policy served Greece well, should be upgraded in future

The EU's cohesion policy supported Greece in its most serious crisis, demonstrating the value of the bloc's second-biggest funding scheme, Greece’s Alternate Economy Minister Alexis Charitsis told EURACTIV.com in an interview.
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 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 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.
Electricity 20-11-2017

Industry urges Greek government to fix ‘distorted’ renewables market

The leftist Greek government has clashed with the country's energy providers over the continuation of a special levy (ELAPE) imposed in order to balance the renewable energy sources account, which is a bailout obligation.
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 30-10-2017

Business chief: Greece is politically stable and now needs productive investment

Greece is politically and economically stable and now it’s the time for productive investment that will create jobs and increase the country’s GDP, Greek business leader Konstantinos Michalos told EURACTIV.com in an interview.
Economy & Jobs 19-09-2017

Post-election Germany: An iron chancellor with a liberal sidekick?

If the liberal FDP enters a coalition with the conservative CDU in Berlin, Merkel and Schäuble will have to adapt their plans for the future of the European Stability Mechanism (ESM). EURACTIV Germany's partner Der Tagesspiegel reports.
Alcohol 18-09-2017

Greece backtracks on ‘ineffective’ excise tax on wine

The Greek government will soon table an amendment to abolish excise duty on wine as it has not brought the desired financial results, Greek Minister for Agricultural Development and Food Evangelos Apostolou said.