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Greek Government Ready for a Tough Battle
The Greek government is ready to negotiate with the Troika about the prerequisites for the next tranche of 1.1 billion, the debt and the fiscal...
Bloomberg: Greek Prime Minister on Offence
Greek Prime Minister Antonis Samaras has gone on the offensive at home and abroad, seeking leverage as the spotlight in Europe’s financial-crisis drama returns...
Greece Sees Primary Surplus This Year
With envoys from international lenders in Athens checking the books before releasing more tranches in a series of rescue loans as part of a...
Eurogroup OK's Next Cypriot Loan
Eurozone finance ministers have approved a 1.5 billion euro loan tranche to Cyprus as part of that country's 10 billion euro bailout the government...
Troika Says Defense Industries Must Go
Greece's proposal to overhaul three state-owned companies, Hellenic Defense Systems (EAS), mining company Larco and the Hellenic Vehicle Industry (ELVO) instead of privatizing or...
EU Sees 3.8B Euro Greek Gap
Fresh on the heels of the Eurozone approving another 4 billion euros ($5.3 billion) in loans and aid, a European Commission official acknowledged that...
Samaras Tells Banks To Start Lending
With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that...
Troika Rescue Aid For Greece Split Up
Greece will get its next installments of 8.6 billion euros in aid from international lenders to keep the economy afloat, but it will be...
EU OK's $9.72B In Greek Loans
Greece got better news than expected when a meeting of Eurozone finance officials reportedly agreed to approve the release of two loan installments totaling...
IMF Says No Greek Debt Restructure
On the heels of issuing a report praising Greece's progress in reforms but criticizing its failure to go after tax cheats, the International Monetary...