Greece plans to repay Eurozone's bailout loans whole decade in advance

4 min read ECB, eurozone, GLF, IMF, Lagarde, OECD, Pierrakakis, Tsipras, Varoufakis, Balkan countries, Economy, EU, Greece, News by country

Greece has announced plans to repay its first bailout loans a decade ahead of schedule, in a move that officials say underscores the country’s economic recovery and new fiscal credibility. The repayment strategy would see Greece pay off the remaining EUR 31bn of its initial EUR 53bn in bailout

Big win for right-wing in Greek elections

2 min read Greece, Mitsotakis, Tsipras

Greek conservative leader Kyriakos Mitsotakis’s gamble paid off on Sunday, as he won a landslide victory in the country’s second election in five weeks. When Mitsotakis beat the opposition centre-left Syriza party in May, his party fell just short of a majority in the 300-seat parliament. He then