About: Greek crisis

Economy & Jobs 26-08-2019

Greece ends capital controls after 50 months

The Greek government fully lifted the capital controls introduced during the crisis in 2015 on Monday (26 August), in a sign of its growing economic confidence following the end of the bailout programme last year.
Economic governance 23-05-2019

EU top court rejects ECB compensations for investors affected by Greek crisis

The EU's top court ruled on Thursday (23 May) against demands for the European Central Bank to compensate private investors affected by the restructuring of the Greek public debt in 2012.
Economy & Jobs 17-05-2019

No member state raised concerns about Greece’s relief measures

EU member states have not raised concerns about relief measures recently announced by the Greek government. Diplomatic sources close to the issue told EURACTIV.com that only the EU institutions have.
Economy & Jobs 12-03-2019

EU court shields ECB from disclosing key document in Greek crisis

The European Union's court on Tuesday denied access to a European Central Bank (ECB) document which underpinned its decision to freeze vital funding to Greek banks in 2015, a turning point in the country's financial crisis.
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 07-01-2019

Former Greek PM teases fresh bailout, Commission says Greece is ‘secured’

Greece’s position at the heart of the eurozone and the European Union is "secured", according to the European Commission, following remarks made by a former Greek prime minister who claimed the country will soon seek fresh EU aid.
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 17-12-2018

Greek business chief urges political parties to align to save the country

Greece’s pursuit of "sustainable growth" cannot be achieved by one political leader, so all democratic political forces should set aside their ideological differences and form an alliance, Konstantinos Michalos, President of the Athens Chamber of Commerce and Industry, told EURACTIV.com in an interview.

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 20-11-2018

EU institutions are liable for Greek bailout damage, former UN official says

The damage caused by austerity-driven bailouts in Greece could raise the issue of legal liability of the EU institutions and possible compensation, according to Olivier de Shutter, a former United Nations Special Rapporteur on the right to food.
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.
Health 07-11-2018

Greek minister: Effective health and pharma policy needs stronger EU Commission role

A number of member states want the European Commission’s competences in health and pharma policy to be upgraded in order to face more effectively the rising challenges in the field, Greek health minister Andreas Ksanthos told EURACTIV.com in an interview.
Economic governance 16-10-2018

Eurozone faces critical budget issue as Italy defies the rules

For the first time since post-crisis rules entered into force, all eurozone countries are to submit their draft budget plans to the European Commission, but the Commission could also make an unprecedented move itself: sending one of budgets back to where it came from, most likely, Rome. 
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 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.

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