Displaying items by tag: public debt

Greece retains the capacity to service its debt, the European Commission said in its 4th post-program surveillance report released on Wednesday. 

Financially, the past year was bad for almost everyone. Inflation of 10% year-on-year across the rich world has cut into household incomes. Investors have lost out as global stock markets have fallen 15%. However, this overall poor performance hides wide differences: some countries have done quite well.

Greek Finance ministry sources on Tuesday rejected main opposition party allegations that a prolonged negotiations process with creditors further burdened the country's public debt.