Bailout

Expectations in Greek industry improve in July

Business expectations in Greek industry improved in July as a result of a debt relief package agreed by eurozone member-states in June and government commitments that the country will continue to implement prudent fiscal policies after formally exiting the bailout programs on August 20, the country's most influential think tank, IOBE, said.

Come back, support Greece

We are caught between celebrations over Greece's "clean exit" from the bailout programs on one hand and, on the other, allegations that the country has effectively signed up to what can be considered a "fourth memorandum" and is headed to economic disaster.

Don't cheer Greece's bailout exit just yet

For once Europe has an exit to celebrate rather than dread. On Monday, more than eight years after its first eurozone bailout, Greece left its third financial rescue program. This is a welcome Grexit, but before popping open the champagne it's important to remember that Athens remains in thrall to its European creditors, who have failed to put the Greek economy on a sustainable footing.

IMF's Bob Traa to Kathimerini: Greek politicians failed to forge the necessary consensus

Bob Traa, the first International Monetary Fund representative in Greece after the country signed its first bailout program, has blamed the Greek political system for failing both to introduce the necessary reforms in the early stages of the program and to forge a degree of political consensus to deal with serious matters.

Pages