• Photo by Panayotis Tzamaros/Fosphotos

    Government indicates readiness to play waiting game on pension cuts

    Politics Greek Politics

    The pension cuts due in 2019 continue to dominate the Greek political agenda, with the latest intervention from a government official suggesting that Athens has no intention of acting on this issue without first reaching an understanding with the European institutions.

  • Photo by Panayotis Tzamaros/Fosphotos

    S&P revises outlook to positive, sees encouraging signs after debt deal


    Having updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating unchanged to ‘B+’ during its regular update cycle on Friday.

  • Photo by Panayotis Tzamaros/Fosphotos

    For better or worse: Greece's bailout exit deja vu


    As Greece stands on the cusp of exiting the third, and final, of its painful bailouts, there is a discussion about the terms under which it is exiting and how they compare to the conditions that were on offer the last time the country was close to the MoU finishing line, about four years ago.