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  • Photo by Panayotis Tzamaros/Fosphotos The scenarios ahead for Greece as review hangs in balance

    PoliticsGreek Politics

    As talks between Greek government officials and the country’s lenders continue in Brussels following Monday’s Eurogroup, Prime Minister Alexis Tsipras can see a clear path to Greece’s exit from the bailout programme and the crisis but, given the obstacles in the way, there is also a good chance that things will not be that straightforward.

  • Photo by Panayotis Tzamaros/Fosphotos Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders

    EconomyMacroeconomy

    During a speech at the Delphi Economic Forum on Saturday, Bank of Greece (BoG) governor Yannis Stournaras presented the outcome of an exercise conducted by the central bank showing that mild debt relief in the form of smoothing interest payment for EFSF loans coupled with a primary surplus of 2 percent of GDP as of 2021 is consistent with Greece’s debt sustainability.

  • Photo by Panayotis Tzamaros/Fosphotos Tsakalotos and Stournaras raise objections to IMF assumptions

    EconomyProgramme

    The Article IV consultation report on Greece published by the International Monetary Fund on Tuesday evening included letters by the Greek Finance Minister Euclid Tsakalotos and Bank of Greece governor Yannis Stournaras, which both outlined their disagreement on certain assumptions and comments in IMF’s debt sustainability analysis (DSA) and ex-post evaluation report.

  • Photo by Panayiotos Tzamaros IMF far more pessimistic than eurozone on Greek debt, urges significant relief

    EconomyProgramme

    The International Monetary Fund's updated Debt Sustainability Analysis (DSA) sees Greek debt as being highly unsustainable and stresses that even with the full implementation of the policies included in the third eurozone bailout programme, both debt and financing needs will become explosive in the long-run.

Results 1 to 10 out of 79.