Greek government-debt crisis

Dallara reviews the 2010s

The inexperience of the SYRIZA government (2015-2019) forced Greece to undergo another five tough years, noted Charles Dallara, the former Institute of International Finance head who in 2012 led negotiations on a major haircut on Greece's private-held debt, known as the private sector involvement (PSI).

Greece to submit request for subsidy from the Recovery Fund in May

Greece plans to submit its request for subsidies from the Recovery Fund to the European Commission in May, announced Alternate Minister of National Economy and Finance Nikos Papathanasis on Thursday.

He indicated that the country anticipates submitting its fifth request for loans and subsidies by the end of September or early October, aiming to bolster entrepreneurship.

Greece now on ‘right path,’ says Stournaras

Bank of Greece governor Yannis Stournaras has confessed that he can now "sleep at night, without worrying about fiscal instability" because Greece is on the "right path" in terms of the economy.

"If the government manages to maintain the primary surplus at 2% while making the necessary reforms, we have nothing to fear," he told the Delphi Economic Forum.

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