‘We Are On The Brink’: Greek Government Nearly ‘Out Of Cash’
While Greece awaits the latest round of bailout cash from international lenders, the country is fast approaching a new payment deadline and has until the end of August to repay a €3.2 billion ($2.6...
View Article'Give Me Air To Breathe': Greek PM Pleads For Time Ahead Of EU...
Both Eurogroup finance head Jean-Claude Juncker and German Chancellor Angela Merkel, who will meet with Greek Prime Minister Antonis Samaras on Friday, are under enormous political pressure to act...
View ArticleAsian shares capped by Spain, Greece debt jitters
Asian shares were capped on Thursday as uncertainty over a bailout for Spain bailout dented sentiment, while global lenders' wrangling over Greek debt restructuring highlighted Europe's apparent...
View ArticleAsian shares turn higher but wary of Spain, Greece debt
Asian shares rebounded on Thursday but sentiment was vulnerable due to uncertainty over a bailout for Spain and signs of Europe struggling to find a unified approach to tackling its debt crisis as...
View ArticleEuro zone bogged down in myriad of Greek debt options
Greece's debt cannot be cut to 120 percent of GDP by 2020, the level deemed sustainable by the IMF, unless euro zone member states write off a portion of their loans to Greece, a document prepared for...
View ArticleNo Greek debt writedown in next rescue package - ECB's Asmussen
A write-down on Greek debt should not be part of the country's next rescue package, European Central Bank board member Joerg Asmussen told Germany's Bild newspaper ahead of Monday's euro zone group...
View ArticleGreece Launches €10bn Debt Buyback as Rescue Reaches Critical Phase
Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015
View ArticleGreece the Most Corrupt Nation in Europe - Transparency International
Transparency International's Corruption Perceptions Index places Greece 94th, below Bulgaria and Romania and the bottom spot in EU.
View ArticleGreek Rescue to Go Ahead As Bond Buyback Hits Target
Buyback cuts Greece’s €63bn debt owned by private investors by a half.
View ArticleGreece Projected to Witness Recovery in 2014
Following six consecutive years of recession, Greece to record positive growth rate in 2014.
View ArticleGreece set to win more bailout aid, may seek debt relief
Greece received a clean bill of health from its international creditors on Monday, securing more rescue aid and prompting its finance minister to say he would ask for much more debt relief if Athens...
View ArticleGreece Bailout Under Threat from EU Three-Day Austerity Proof Deadline
EU officials say Greece has three days to prove it can deliver on rescue package conditions or face consequences
View ArticleGreece Official: Bailout Chunk Delay is Not the End of the World
Greece can cope without receiving next rescue package tranche on time, says minister.
View ArticleEU and IMF Give Greece €6.8bn Bankruptcy Lifeline [VIDEO]
Greece still has to administer reforms and slash public sector jobs in order to get full €8.1bn tranche.
View ArticleGreece in Crisis: The Human Fallout of Austerity Measures [SLIDESHOW]
Greece may have secured €6.8bn in aid but more job and spending cuts are on the horizon
View ArticleGreek Workers to Strike as Government to Axe More Jobs and Increase Tax...
Workers will go on 24-hour strike as finance minister Yannis Stournaras confirms stricter enforcement of austerity plans.
View ArticleGreece Approves 25,000 Public Sector Job Cuts and Transfers [VIDEO]
Prime Minister Antonis Samaras's two-party coalition scrapes through vote.
View ArticleJudgment Day: Greeks Set Date for 'Debt Crisis' Election
The snap general election is expected to test Greek resolve for punishing austerity measures, and gives the parties just 24 days to prepare.
View ArticleGreek Elections: Voters Vent Anger Against Two Main Parties
Pasok and New Democracy parties failed to secure majority in the Greek parliamentary elections.
View ArticleGreek Elections: Political Logjam as Asian Markets Take Fright
The wrangle over the Greece parliament continues as the leftist Syriza party, which is seen as the favourite to form the government, failed to stike a deal with the coalition partners.
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