DEBT-ridden Greece is dangerously close to running out of cash and plunging the eurozone into a fresh crisis. Athens desperately needs £4 BILLION worth of aid from creditors but ... Read More
Premier sees investors returning to Greece in recent weeks Asset-sales fund announces Piraeus Port stake sale to Cosco Prime Minister Alexis Tsipras said investor trust in the Greek economy ... Read More
International creditors had asked Greece to hold off on voting until they assessed budget impact Greek lawmakers passed an antipoverty bill Thursday despite not having the green light from ... Read More
Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday’s crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a ... Read More
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension ... Read More
Total funding on offer now €68.3bn as Greek banks come close to using €65bn of liquidity funds granted by European Central Bank The embattled Greek government has been thrown ... Read More
Finance Minister Varoufakis discussed the negotiations with European Commissioner Moscovici on Tuesday Although government spokesman Gabried Sakellaridis initially stated that the Greek government was going to submit a request a six-month ... Read More
Request sees bailout terms being set aside Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, ... Read More
Germany said on Monday there was “zero” chance of it paying World War Two reparations to Athens, following a renewed demand from Greece’s new leftist Prime Minister Alexis Tsipras. Tsipras, ... Read More
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge ... Read More
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