Economists have severely cut their forecasts for core Greek economic indicators. That reflects growing concern that the debt burden of the southern European country may force an exit from ... Read More
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came ... Read More
Greece‘s radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers’ failure ... Read More
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s ... Read More
Greek Prime Minister Alexis Tsipras began the hunt for allies against German demands for austerity as his week-old government appealed to the European Central Bank not to shut off ... Read More
A closely watched meeting between Greek PM Alexis Tsipras and German European Parliament president Martin Schulz lasted for almost two hours on Thursday at the Maximos Mansion government house, ... Read More
The amount that investors gave Greek lenders last year was wiped off in three days of trading amid the threat of greater government control. In a bid to boost ... Read More
New Greek PM Alexis Tsipras says his country will not default on its debts. Addressing his first cabinet meeting since being elected on Sunday, the left-wing Syriza party leader ... Read More
It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC. “Nobody believes that ... Read More
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged ... Read More
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