Bailout

Commenting on a Greek government amendment to overturn a scheduled lowering of the tax-free threshold for income which is set to be voted in Parliament later Friday, an unnamed Commission official has told Skai that "Greece must stick to agreed targets."

Greek tax cuts and bonuses for pensioners announced last month pose a risk to fiscal targets agreed with eurozone lenders, the European Commission said on Wednesday in a blow to the Greek government ahead of elections next month.

Greek tax cuts and bonuses for pensioners announced last month pose a risk to fiscal targets agreed with eurozone lenders, the European Commission said on Wednesday in a blow to the Greek government ahead of elections next month.

Greek private sector bank deposits rose in April for the second successive month, central bank data showed on Tuesday.

Businesses and household deposits increased to 134.69 billion euros ($150.61 billion) from a downwardly revised 133.28 billion in March, Bank of Greece data showed.

After Sunday's elections, the government has one week to form the strategy it will pursue in its negotiations with the eurozone creditors, as June 3, when the Euro Working Group convenes, will mark the beginning of a testing time in relations between Athens and its lenders.

There is no room for prognostications one day before the elections.

The result will be known soon enough.

Still, one can pinpoint certain incontrovertible facts.

The prime minister, who of late has been skirmishing with all and sundry, has not exhausted his transformations.

The General Court of the European Union said on Thursday that the European Central Bank does not have to compensate private holders of Greece's sovereign debt who were forced to take losses during the country's 2012 international bailout.

The General Court of the European Union said on Thursday the European Central Bank does not have to compensate private holders of Greece's sovereign debt who were forced to take losses during the 2012 international bailout of the country.

The Greece of the past is resisting resiliently. We may have joined the European Union, we may have gone broke, we may have signed up to bailout programs and made some sort of exit from the memorandums, but old Greece is still here. Sometimes it feels like we have learned nothing. We carelessly return to our old habits.

Greek lawmakers on Tuesday debated new tax breaks proposed by the leftist Syriza administration, seeking to reverse some of the austerity imposed during years of international bailouts.