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John Psaropoulos
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76 followers
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Bank of Greece: Greek economy to grow this year
Bank of Greece Governor Yannis Stournaras Greece’s
central banker, Yannis Stournaras, says he expects the first significant growth
in the economy since the beginning of its Great Recession in 2008. Presenting
the Bank
of Greece’s Interim Report on Monetary ...

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IMF calls for Greek state to pay its share of austerity
The International Monetary Fund says Greece's austerity package is failing because the public sector hasn't made as many sacrifices as the private sector, and because banks haven't been enabled to finance the growth of business.  Its annual country report, ...

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IMF split on Greek debt
Greece’s most
senior creditor, the International Monetary Fund, appears divided on how to
address Greece’s debt, which it has called unsustainable. The Fund’s Executive
Board on Monday refused to say whether it would support Greece’s current
bailout, which ...

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The Greek debt
The International Monetary Fund will on February 6
likely deal a blow to Germany's ambition to involve it in the current Greek
bailout. On that day it is expected to declare the Greek debt unsustainable,
which bars it from involvement. An IMF report prepare...

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Greek Supreme Court rules against extradition for Turkish officers
This article was published by Al Jazeera International .  Turkish officers are visibly relieved after their non-extradition verdict. Their lawyer, Christos Mylonopoulos, stands at right. Greece’s
Supreme Court has ruled against extraditing eight Turkish air...

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Tsipras digs in his heels on his second anniversary in power
Prime Minister
Alexis Tsipras says his government won’t bring another austerity bill to
parliament on the eve of a crucial Eurogroup meeting focusing on Greece. Greece’s
creditors – its fellow-eurozone countries – are pressing him to accept a raft
of auster...

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Greek living standards crumble
Greek living standards are crumbling as the
government and its creditors seem deadlocked on how to implement the next round
of austerity measures. A report by the Labour
Institute out today says that 37 percent of Greek households subsist on
less than €10,0...

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The argument for a Greek election
While the government's official position remains that Greece will hold its next election in 2019, the corridors of parliament are buzzing with rumour that Prime Minister Alexis Tsipras may announce one by the end of this month.  This would essentially be an...

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The most promising United National efforts  in 14 years   to reunite the island of Cyprus were inaugurated on Thursday in Geneva.  The UN's new Secretary-General, Antonio Guterrez, and European Commission President Jean-Claude Juncker, were on hand for the ...

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Greece reacts to Russian ambassador's assassination in Ankara
"We unequivocally condemn today's murderous terrorist attack against the Russian ambassador in Ankara, Andrey Karlov," says a statement released tonight by the Greek foreign ministry.  The ministry called it a "barbaric act, which caused the tragic death of...
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