Merkel: Greece to Hurry Up with Reforms
Photo from BBC
At the G7 summit in Germany, Merkel called Europe to demonstrate solidarity but only if Greece "makes proposals and implements reforms".
Previously, in response the Greek Finance Minister Yanis Varoufakis called Europe to stop finger-pointing and find an agreement.
Other topics discussed at the G7 summit were climate change, countering extremism and the war in Ukraine.
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- Greece Emerges from Eurozone Bailout Programme The economy has grown slowly in recent years and is still 25% smaller than when the crisis began.
- Greece Can be Competitive Once Makes Reforms: Schaeuble Greece can have a competitive economy once it makes reforms agreed with its euro zone creditors, German Finance Minister Wolfgang Schaeuble said on Monday.
- Greek Unemployment Rises to 23.4 Percent in August, Eurozone Highest Greece's unemployment rate has come down from record highs but remains more than double the euro zone's average of 10 percent in August.
- Eurogroup to Disburse 10.3 bln Euros to Greece The Eurogroup also recalled the medium-term primary surplus target for Greece at 3.5% of GDP as of 2018 and underlined the "importance of a fiscal trajectory consistent with the fiscal commitments under...
- 48-Hour Strike Began in Greece Public transport workers joined the strike. Today and on Saturday in the Greek capital metros, trolley buses and trams will not work.
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