Greece Emerges from Eurozone Bailout Programme
Greece has successfully completed a three-year eurozone bailout programme worth €61.9bn designed to tackle its debt crisis, BBC reports.
After the biggest bailout in global financial history, totalling more than €260bn, the country will be paying loans off for several decades. But for the first time in eight years, it can borrow at market rates.
As a condition of the loans, the government was forced to introduce deeply unpopular austerity measures.
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.
- Greece to Launch a New Round of Bailout Talks Following pressure from bailout creditors, the government has committed to overhaul the country’s pension system, which, it admits, is otherwise moribund.
Bodies of 7 Servicemen And 1 Civilian Found During Search Works in Karabakh
Armenia Records 164912 Confirmed Coronavirus Cases
Some Roads are Closed in Armenia
Iran, Turkey Ink 3 Railroad Deals
India Moves ahead to Procure more MiG-29s and Sukhois
Russia’s FM Says Now not the Best Time to Discuss Nagorno Karabakh Status
Armenian Ambassador to Attend Biden Inauguration
5 Day Weather Forecast in Armenia
Armenia's PM Replaces Head of his Staff Eduard Aghajanyan with Released Health Minister Arsen Torosyan
Foreign Minister of Artsakh Received Representatives of the ARF Dashnaktsutyun Supreme Body of Armenia and Central Committee of Artsakh
COVID-Infected President Sarkissian to Be Discharged from Hospital Soon
Armenia Central Bank Issues New Collector Coins
President’s Office confirms receiving PM’s motion on dismissing Healthcare Minister Arsen Torosyan
Iran jails U.S. Businessman, Possibly Jeopardizing Biden's Plans for Diplomacy with Tehran
Global Coronavirus Cases Top 95 mln
European Parliament, EU Foreign Ministers to Discuss Navalny’s Detention
Ombudsman Applies to OSCE Minsk Group Co-Chairs Over Return of Armenian POWs from Azerbaijan
Russian Peacekeepers Start Demining Outskirts of Artsakh’s Martakert
Azerbaijani President’s Statements Became Slogans Inspiring Atrocities Against Armenians in Artsakh War, Armenian Ombudsman Says
Biden Administration to Have Another American Armenian Official
Lavrov: No Provocations Against Russian Peacekeepers in Nagorno-Karabakh
Azerbaijan President's Statement Contradicts point 8 of Statement Signed on November 9, 2020: Arman Tatoyan
Artsakh Authorities Find More Bodies of Fallen Troops in Ongoing Search Operations
Artsakh Security Chief: We Could Have Avoided the War
Colorado Identifies First Known Case of UK Coronavirus Variant in US
Armenia to Import 2,250 Goods from Iran Instead of Turkey
Bodies of 1,111 Fallen Armenian Soldiers Retrieved So Far: Artsakh Emergency Service
Let's Believe that 2021 Will Restore Our Lost Dignity
Armenian, Azerbaijani Intelligence Chiefs Discuss PoW Exchange at Moscow-Mediated Meeting
Armenia Ombudsman: What Azerbaijan Military has Done is Step with Clear Intention to Intimidate Civilians
Wind: 4 km/h