Greece

A Greek government official expressed pessimism in reference to the upcoming eurozone finance minister's meeting on Thursday. Commenting to Athens-Macedonia news agency, the anonymous official stated that “We are very far from a solution at tomorrow’s Eurogroup meeting.” An ekathimerini...

British Chancellor of the Exchequer and Second Lord of the Treasury George Osborne, in a London meeting with Greek Finance Minister Giannis Varoufakis earlier today, underlined that a potential clash between the Greek government and the Eurozone poses a...

ATHENS - The prime minister's office says Greece's designated Finance Minister, Vassilis Rapanos, who was rushed to a hospital on June 22 after he felt nausea, abdominal cramps and fainted, has resigned after being released, citing ill health Rapanos, President...

Greece may get more time to reduce its deficit and impose more harsh austerity measures – but not more money – International Monetary Fund chief Christine Lagarde said after a meeting of EU finance ministers in Cyprus. Prime Minister Antonis...

German Finance Minister Wolfgang Schaeuble says that discussion for Greek debt relief can only take place after 2018, despite his optimism that an agreement between Greece and eurozone finance ministers will be reached at the Eurogroup meeting scheduled for...

Greece will have "turned onto a new page" once the first review of the economic adjustment programme is concluded, according to all participants in a meeting on Friday between Greek Prime Minister Alexis Tsipras and international investors in Greece,...

  Forty-one years after the restoration of democracy in Greece, 2015 saw the biggest political change in the history of the Hellenic Republic. It was also the year that Greece came closer than ever to be forced out of the...

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors. Moreover, the Eurogroup hardliners leader highlighted that no one expects a resolution of the standoff...

Slovak Finance Minister Peter Kazimir appeared skeptical on the possibility of Greece and its European partners reaching an agreement in the upcoming Eurogroup meeting. As he said, Greece is currently moving ever closer to the abyss and there are not...

Greece's outspoken Finance Minister Yanis Varoufakis is expected to meet with United States President Barack Obama on Thursday, his ministry said. The Greek Finance Minister is currently in Washington participating in the Spring Meetings of the World Bank Group and the International Monetary Fund...

Yet another concern was expressed by the European Commission President Jean-Claude Juncker regarding Greece's track on reforms. As he characteristically said, Athens needs to do more with its reforms program. Addressing a joint press conference after a meeting with the...

European Central Bank (ECB) President Mario Draghi urged the Greek government to allow the institution representatives, formerly known as the "troika" to return to Athens in order to disclose its cash position before it is too late. Mr. Draghi...

Antonis Samaras’s plan for Greece to exit its bailout early is crumbling in the face of a vast market unravelling this week. Economists, meanwhile, are in near-unanimous agreement that the Prime Minister's exit strategy is largely to blame. Eighty-five percent of respondents...

ATHENS –After a tense showdown that threatened to break up an already uneasy coalition government, Greek Prime Minister Antonis Samaras said on Aug. 1 that he had convinced his reluctant partners, PASOK Socialist leader Evangelos Venizelos and Democratic Left...