Tag Archives: Greek

Germany says IMF participation in Greek bailout indispensable

Germany insisted on Friday it was essential that the International Monetary Fund participate in Greece’s bailout programme after a German lawmaker in the European Parliament said IMF involvement was no longer crucial. “We have always said the participation of the IMF is indispensable,” a Finance Ministry spokeswoman told a regular government news conference. “We are hearing about the… Read More »

Tsipras will put pensioner bonus to Greek parliament

pped a rise in VAT for residents of Aegean islands to help relieve the economic pressure caused by an influx of migrants. A spokesman for Jeroen Dijsselbloem, the head of the Eurogroup – the eurozone finance ministers who have been negotiating with the Greek government over its massive debts – said the Greek government’s action appeared “to not… Read More »

Pope returns with 12 refugees after visit to Greek island

Pope Francis took three families of Syrian refugees back to Rome on Saturday after visiting the frontline of Europe’s migrant crisis at a camp in Greece where migrants wept at his feet, kissed his hand and begged for help. At a sprawling fenced complex on the Aegean island of Lesbos, adults and children broke down in tears before… Read More »

IMF chief denies threat to pull out of Greek bailout

International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a new Greek bailout deal, which she said was “still a good distance away.” Lagarde said in a letter to Greece’s prime minister that the debt talks should continue despite damage from reports of… Read More »