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
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
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
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
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
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
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
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
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
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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