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By Phantis Published on Jun 22, 2018
0 6 mins
Phantis
Athens hails agreement to give country access to markets in August after final bailout

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past eight years.”

The government spokesman, Dimitris Tzanakopoulos, hailed “a historic decision” that meant “the Greek people can smile again”. Financial markets rallied, with the country’s benchmark 10-year bond easing 0.2 points and the main stock index up 1.6%.

Tsakalotos said the plan, which allows Greece to extend and defer repayments on part of its debt for another 10 years and gives Athens another €15bn (£13.2bn) in new credit, marked “the end of the Greek crisis. I think Greece is turning a page.”

He said the country had “all the building blocks … to turn the agenda away from one of fiscal adjustment … to one of growth”, but added that the government “has to make sure the Greek people quickly see concrete results … They need to feel the change in their own pockets.”

But the main opposition party New Democracy reacted to the deal with scepticism, saying it left much to be desired. Asked whether he thought the €22bn (£19bn) buffer Greece had been given would suffice, the party’s Kostis Hatzidakis said it reflected the lack of faith international creditors had in Athens’ ability to…

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Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Phantis

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the…

Trafficker arrested following pursuit in the sea region of Kos
Phantis

The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier let off seven irregular migrants on a beach (five men and two women) on the island of Kos.

The driver of the speedboat was spotted by two coast guard patrol…

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Phantis

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the…

Trafficker arrested following pursuit in the sea region of Kos
Phantis

The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier let off seven irregular migrants on a beach (five men and two women) on the island of Kos.

The driver of the speedboat was spotted by two coast guard patrol…

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting
0 6 mins
Phantis
Athens hails agreement to give country access to markets in August after final bailout

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past eight years.”

The government spokesman, Dimitris Tzanakopoulos, hailed “a historic decision” that meant “the Greek people can smile again”. Financial markets rallied, with the country’s benchmark 10-year bond easing 0.2 points and the main stock index up 1.6%.

Tsakalotos said the plan, which allows Greece to extend and defer repayments on part of its debt for another 10 years and gives Athens another €15bn (£13.2bn) in new credit, marked “the end of the Greek crisis. I think Greece is turning a page.”

He said the country had “all the building blocks … to turn the agenda away from one of fiscal adjustment … to one of growth”, but added that the government “has to make sure the Greek people quickly see concrete results … They need to feel the change…

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme. “I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past
/ Jun 22
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme. “I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past
/ Jun 22
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme. “I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past
/ Jun 22
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme. “I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past
/ Jun 22

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting

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Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached
Phantis
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving
Phantis

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Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to…

SPORT NEWS
Phantis 22, Jun 6 mins
0 6 mins
Phantis
Athens hails agreement to give country access to markets in August after final bailout

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past eight years.”

The government spokesman, Dimitris Tzanakopoulos, hailed “a historic decision” that meant “the Greek people can smile again”. Financial markets rallied, with the country’s benchmark 10-year bond easing 0.2 points and the main stock index up 1.6%.

Tsakalotos said the plan, which allows Greece to extend and defer repayments on part of its debt for another 10 years and gives Athens another €15bn (£13.2bn) in new credit, marked “the end of the Greek crisis. I think Greece is turning a page.”

He said the country had “all the building blocks … to turn the agenda away from one of fiscal adjustment … to one of growth”, but added that the government “has to make sure the Greek people quickly see concrete results … They need to feel the change in their own pockets.”

But the main opposition party New Democracy reacted to the deal with scepticism, saying it left much to be desired. Asked whether he thought the €22bn (£19bn) buffer Greece had been given would suffice, the party’s Kostis Hatzidakis said it reflected the lack of faith international creditors had in Athens’ ability to successfully return to capital markets.

With Greece subject to enhanced surveillance for the next decade, reaction on the ground was similarly…

MORE ARTICLES IN THIS CATEGORY

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting

SHORT

NEWS

Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis
Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final
Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a 37-year old foreign national driving a speedboat that had earlier
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago resonated from ancient musical instruments in Athens on Thursday, transporting
0 6 mins
Phantis
Athens hails agreement to give country access to markets in August after final bailout
By /

Greece’s government has said the country is “turning a page” after eurozone member states reached an agreement on the final elements of a plan to make its massive debt pile more manageable, ending an eight-year bailout programme.

“I have to say the Greek government is happy with this deal,” the finance minister, Euclid Tsakalotos, said on Friday. “But at the same time, this government will not forget what the Greek people went through in the past eight years.”

The government spokesman, Dimitris Tzanakopoulos, hailed “a historic decision” that meant “the Greek people can smile again”. Financial markets rallied, with the country’s benchmark 10-year bond easing 0.2 points and the main stock index up 1.6%.

Tsakalotos said the plan, which allows Greece to extend and defer repayments on part of its debt for another 10 years and gives Athens another €15bn (£13.2bn) in new credit, marked “the end of the Greek crisis. I think Greece is turning a page.”

He said the country had “all the building blocks … to turn the agenda away from one of fiscal adjustment … to one of growth”, but added that the government “has to make sure the Greek people quickly see concrete results … They need to feel the change in their own pockets.”

But the main opposition party New Democracy reacted to the deal with scepticism, saying it left much to be desired. Asked whether he thought the €22bn (£19bn) buffer Greece had been given would suffice, the party’s Kostis Hatzidakis said it reflected the lack of faith international creditors had in Athens’ ability to…

MORE ARTICLES

Trafficker arrested following pursuit in the sea region of Kos
The coast guard on Friday, following a pursuit, arrested a
Ancient Greek sounds transfix audience in Athens
Hymns sung to the Greek gods thousands of years ago