ATHENS Greece expects to overshoot its budget surplus targets for a third consecutive year in 2018, a senior government official said on Monday, an outcome that could help ease the austerity burden imposed on a recession-weary population.
BRUSSELS The European Union's handling of three bailout programmes for Greece during the euro zone's financial crisis had several weaknesses and was only partly successful, European auditors said on Thursday.
MANDRA, Greece Flash floods killed at least 15 people, made scores homeless and destroyed infrastructure in Greece on Wednesday after a raging torrent inundated two coastal towns west of Athens following a night of heavy rain.
ATHENS Greece on Wednesday invited holders of about 30 billion euros (£26.9 billion) in its debt to swap 20 outstanding bonds for five new benchmark ones, a move designed to help wean it off reliance on rescue funds and regain full access to financial markets.
ATHENS Greece and the European Union are expected to wrap up talks on which coal-fired plants the country will put up for sale in line with an EU court ruling this month, Greek energy minister said on Wednesday.
ATHENS Greece will distribute 1.4 billion euros as a social dividend to pensioners and others hit hard by the country's austerity programmes, Prime Minister Alexis Tsipras said on Monday.
LONDON/ATHENS Greek energy firm Energean is considering listing on the London stock exchange to raise cash for a $1.5 billion (£1.1 billion) development of gas fields off Israel's coast, sources familiar with the matter told Reuters.
ATHENS Discussions on the long-term sustainability of Greece's debt are expected to start after the conclusion of a review of reforms by its lenders, Prime Minister Alexis Tsipras said on Wednesday.
LONDON Veteran European Central Bank policymaker Ewald Nowotny has backed turning the European Stability Mechanism (ESM) into a IMF-styled lender and for it to take over from the ECB in Greece's bailout programme.
NICOSIA Greece's official lenders will be able to determine if Athens needs further debt relief only in the summer of next year, the head of Europe's rescue fund (ESM) said on Thursday.