Greek debt

Varoufakis-face

Varoufakis says Greece committed to reforms, rules out more austerity

26/05/2015(0)
Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday. But it cannot meet ... Read More
Greece-europe

Debt talks resume amid concerns over differences, looming repayment, political upheaval

26/05/2015(0)
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister ... Read More
greece-europe-flags

Greece warns it is set to default on debt repayment loans

25/05/2015(0)
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt ... Read More
Tsipras-prime-minister

Negotiations drag as Tsipras seeks political support at Riga meeting

22/05/2015(0)
Ahead of a meeting late on Thursday between Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande on the sidelines of an EU leaders’ summit ... Read More
varoufakis-yianis

Top EU officials eye deal by end-May as technical-level talks make gradual progress

20/05/2015(0)
As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, ... Read More
Punctured euro banknotes used for training purposes are presented during news conference on German custom's annual statistics in Berlin

Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

19/05/2015(0)
Do you remember what happened when Cyprus decided to defy the EU?  In the end, the entire banking system of the nation collapsed and money was confiscated from private ... Read More
varoufakis-interview

Yanis Varoufakis says Greece will have a deal within a week (Video)

19/05/2015(0)
The Greek government’s coffers are running dry, but finance minister Yanis Varoufakis has good news — he thinks a bailout deal with the country’s international creditors is imminent. In ... Read More
tsipras-skeptical

Greece wants loan deal by end of May

18/05/2015(3)
Greece wants to reach a loan deal with its EU-IMF creditors by the end of May to resolve an acute cash shortage, the government said on Monday. “A deal ... Read More
Tsipras-prime-minister

Greece plays down referendum option, economy stutters

14/05/2015(0)
Greece‘s government on Wednesday ruled out rushing to a referendum to secure public support for unpopular reforms, opting instead to make a final push for a compromise with lenders ... Read More
European_Central_Bank

Greek Banks relieved to hear their collateral is intact, as ELA grows

13/05/2015(0)
The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded ... Read More
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