About: Greek crisis
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.
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”.
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.
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.
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).
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).
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.
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).
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.