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  • ATHENS, Greece— The International Monetary Fund on Friday painted a bleak outlook for bailout-dependent Greece, where it said it expects unemployment to stay in the double digits for more than three decades. Greece's economy is under constant scrutiny from its bailout creditors, the IMF and European governments and institutions. They include an energy...

  • ATHENS, Greece— Court officials say a former Greek finance minister has been indicted for allegedly failing to make required wealth declarations while he was a top adviser to the prime minister. Gikas Hardouvelis held the finance portfolio in Greece's previous, conservative government from June 2014 to January 2015, when the current, left-led...

  • ATHENS, Sept 21- Greece on Wednesday ratified a 7 billion-euro plan to turn a derelict former airport into one of Europe's biggest coastal resorts, as agreed with international lenders as a condition of fresh bailout aid. One abandoned plan was to create a financial district similar to London's Canary Wharf. Backed by Chinese conglomerate Fosun, an Abu Dhabi-...

  • ATHENS, Sept 15- Greece will launch a tender for the long-term lease of a major toll road by the end of September, a senior privatization agency official said on Thursday, to unlock the country's next tranche of bailout loans. Along with other reforms, Greece needs to sell rights to the 670 km Egnatia toll road for 35 years to pass a first progress review by the...

  • ATHENS, Greece— Unemployment in bailout-dependent Greece dropped to 23.1 percent between April and June, down from nearly 25 percent in the first quarter but still the worst jobless rate in the European Union. After Greece's public finances fell apart in early 2010 and the country signed the first of three multi-billion euro bailouts, unemployment hit levels...

  • ATHENS, Greece _ Star Bulk Carriers Corp. on Wednesday reported a loss of $32.9 million in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 75 cents per share. Three analysts surveyed by Zacks expected $39.5 million.

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • Italy and Greece are the biggest risks to Europe: Joseph Stiglitz

    Renowned U.S. economist Joseph Stiglitz discusses the big risks to the euro zone and says Greece was given "the wrong medicine" last year.

  • ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos, speaking a few hours before talks with the heads of an EU-IMF mission over...

  • ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos, speaking a few hours before talks with the heads of an EU-IMF mission...

  • ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos, speaking a few hours before talks with the heads of an EU-IMF mission...

  • ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos, speaking a few hours before talks with the heads of an EU-IMF mission over...

  • INTERVIEW-GREEK LABOUR MINISTER SAYS ATHENS WILL TELL LENDERS IT CANNOT MEET ALL IMF DEMANDS FOR LABOUR REFORM.

  • ATHENS, Greece— Inspectors from Greece's bailout creditors have returned to Athens as the Greek government faces calls to speed up the implementation of economic reforms so it can get more rescue loans. Representatives from the International Monetary Fund, the European Central Bank and European Commission were due for talks starting Monday with...

  • Tsipras remains the only game in town: Teneo

    Wolfango Piccoli, co-president at Teneo Intelligence, says that Greek Prime Minister Alexis Tsipras' disagreements with financial authorities are unhelpfully "wasting time."