Tag: debt

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Greek debt reduction in absolute numbers begins

Panos - Oct 14, 2019

The debt reduction for 2019 is foreseen by the State Treasury, as is evident from the preliminary draft state budget. For the first time in recent years,…

The most indebted countries in the world
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The most indebted countries in the world

Panos - May 07, 2019

Greece is second only to Japan in the list of the nations with the highest debt. The only difference, which is a substantial difference, is that Japan…

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Eurostat: Greece debt the highest in Eurozone in 2018, at 132.2% of GDP; up from 131.4% in 2017

Panos - Apr 30, 2019

Greece and Italy, among Eurozone member-states, saw their external debt actually increase in 2018, in contrast with the rest of the euro area pack, which witnessed a…

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Public Debt Management Agency: Uniform yield remains stable at 1.09% for 12-month Greek bonds

Panos - Sep 13, 2018

The Greek state raised 812.5 million euros from an auction of 52-week T-Bills on Wednesday, with total bids reaching 898 million euros, oversubscribing the offer by 1.44…

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Public Debt Management Agency says recent measures ensure mid-term sustainability

Panos - Jul 06, 2018

Greece's Public Debt Management Agency (PDMA) assessed that recent debt relief measures extended by Eurozone creditors last month ensure the medium-term sustainability of the country's external debt.…

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Greek debt relief deal remains elusive

Panos - Jun 04, 2018

The Greek government is preparing to table a draft bill in parliament containing legislation delivering the prior actions needed to complete the fourth and final review of…

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Greece urgently needs more debt relief—will it get it?

Panos - May 16, 2018

In August Greece is due to leave its third bailout programme. That exit will be one to celebrate unlike the potentially catastrophic Grexit from the euro so…

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Greece: Once again they will sit at the same table to discuss the debt

Panos - Apr 05, 2018

For one more time, the Greek government and the institutions will sit together in an effort to take the discussion over the alleviation of the debt a…

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Debt of Greeks to the State exceeds €100 Bln

Panos - Jan 08, 2018

The debt of Greek taxpayers to the State reached 100.739 billion euros at the end of November 2017, according to figures by the Independent Authority for Public…

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Greece believes there will be a deal on its debt issues ‘very soon’

Panos - Dec 05, 2017

The Greek government believes a deal with international creditors on its current debt pile is just around the corner, potentially paving the way for the embattled euro…

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Thomsen: Debt relief after 2018

makis - May 23, 2017

Poul Thomsen, the IMF’s Director of the European Department towed the line of German Finance Minister Wolfgang Schauble after the completion of the EuroGroup, late Monday, stressing…

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Schauble: No debt relief for Greece before end of program

makis - May 22, 2017

The Greek matter was on the agenda of talks between German Finance Minister Wolfgang Scuable and his newly-appointed French counterpart Bruno Le Maire before the start of…

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ESM prepares to ease Greek national debt

makis - Jan 10, 2017

The European Stability Mechanism (ESM) is set to implement short-term measures to ease Greece’s national debt by the end of January, as agreed at a December 5…

Χωρίς κατηγορία
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Bailout review needs a debt agreement, eurozone official says

Sokratis - Nov 05, 2016

The second bailout review is unlikely to conclude without an agreement on a Greek debt settlement that would satisfy the International Monetary Fund, a senior eurozone official…

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Tsipras: “Our creditors must fulfill their commitments on debt”

makis - Oct 24, 2016

“The Mediterranean, besides a common place of cultures and religions, is an area of shared experiences. We are communities with distinct characteristics” argued Prime Minister Alexis Tsipras…

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IMF calls for more pension cuts, greater debt relief in report

Sokratis - Sep 24, 2016

The International Monetary Fund called for Greece to cut pensions and taxes and for its lenders to provide significant debt relief in order for the country to…

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Debt relief deal should help Greece access debt markets ‘within next year’

ilias1 - May 15, 2016

Greece wants a debt relief deal which will help the country access debt markets in 2017 and allow for sustainable primary budget surpluses, the country's deputy prime…

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Schulz underlines the need for Greek debt relief

Panos - May 13, 2016

The President of the European Parliament Martin Schulz argued that Greece needs debt relief and that the solution cannot be further wage and pension cuts, in an…

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Berlin: Greek reforms must be reviewed before any debt restructure

Panos - May 09, 2016

A batch of Greek economic reforms must be reviewed by euro zone finance ministers before any additional debt relief can be decided on, German government spokesman Steffen…

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Provopoulos: “In 2008 the IMF warned that the Greek debt was 800% GDP”

ilias1 - Apr 03, 2016

The former Governor of the Bank of Greece Giorgos Provopoulos revealed that the in May 2008 he the head of the IMF’s mission to Greece at the…