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Greece

Greek former finance minister on trial for breach of trust

The trial of a Greek former finance minister has started in Athens. Giorgos Papakonstantinou is accused of tampering with a list of around 2000

Greece

German lawmakers expected to approve Greek rescue extension

German Finance Minister Wolfgang Schaeuble said extending Greece’s rescue plan by four months was not an easy decision for eurozone finance ministers

Economy

Greece given four month extension, reform plan backing

Greece was given a four month debt extension on Tuesday, buying crucial time for leaders to renegotiate the terms of its international bailout.

Economy

Appeasing voters and pleasing lenders, Greek government tries to strike a balance

Just weeks into the job the Greek government has been forced to strike a balance between appeasing voters while pleasing their international lenders

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Economy

Greece reforms approved as tough negotiations lie ahead

Greece has been given the greenlight as the Eurogroup approved Athens’ reform plans, taking it a step closer to securing a four-month loan extension

Economy

Green light for Greece: Eurogroup approves plans for economic reform

The Eurogroup of EU finance ministers has given Greek bailout plans the green light, an official from Athens confirms. The deal removes the risk of

Economy

No talk of Greek euro exit, senior EU official says

In Brussels, EU officials say Greece must stick to the path of spending cuts to restore its battered public finances. Dutch Finance Minister Jeroen

Economy

Greece reform plans receive positive response

Greece has received a positive response to its economic reform proposals presented to eurozone officials. The plans were promised under the deal to

Greece

Greece delivers economic reform plans as part of bailout extension

Greece has sent a list of economic reform plans to the International Monetary Fund and European institutions, according to Reuters, citing a source

Economy

Greece set to send reforms to euro zone

Greece will deliver its latest economic reform plans to eurozone officials on Tuesday morning, after delaying their release by a day. The new

Europe News

Who is Greek Finance Minister Yanis Varoufakis?

A profile of Greece's new finance minister, who led his country's negotiations in the recent Eurogroup talks.

Economy

Greek government submits list of reforms to Brussels

He has in his own words, “won a battle, not the war.” Now Greek Prime Minister Alexis Tspiras must wait for the big guns of Brussels to react to his

Greece

Greece submits reform proposals to Brussels in an effort to avoid Grexit

Greek media reports the leftist-led government has submitted a letter to Brussels, listing reforms it hopes will save the country from bankruptcy

Economy

Battle won, war ongoing: Greece takes 'step backwards' in bailout talks

'We've won a battle, but not the war' declares the Greek Prime Minister as a four-month loan extension looks set to keep the country afloat.

Economy

Relief and skepticism in Greece after eurozone loan deal

Athens can breath more easily after the country’s loan extension was approved in Brussels on Friday. But receiving a credit lifeline comes at a

Economy

Greece back from the brink as eurozone agrees four-month loan extension

Greece has secured agreement from the eurozone and IMF that its bailout package will be extended by four months. But the deal will only be ratified

Economy

Greece bailout extended for four months

Eurozone finance ministers and the International Monetary Fund (IMF) reached an agreement on Friday evening to extend Greece’s international bailout

Economy

EU finance ministers in crunch talks over Greece

The Greek Finance Minister Yanis Varoufakis arrived in Brussels on Friday afternoon for crunch talks with his Eurogroup counterparts, optimistic that

Greece

Many Greeks still going hungry and can't pay for electricity

For two years, Giorgos and Evgenia Kouzilos and their three children have been living without electricity. Athens says 300,000 households in Greece

Greece

Greece confident about loan extension ahead of eurogroup talks

Greece’s prime minister Alexis Tsipras said on Friday he was certain that eurozone finance ministers would accept Athens’ loan extension. request