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Schäuble stated on Deutschlandfunk radio that there is still time for Greece. The next scheduled installment will be in September. He actually stated the general...

Standard & Poor's slashed its ratings on Greece three notches, making it the firm's lowest-rated government debt in the world, citing its belief of...

A special Eurogroup meeting scheduled for tomorrow will feature Finance Ministers from the euro-zone.  They will discuss the tense situation concerning modalities, timeline and...

The financial agency Bloomberg has published today that restructuring in Greece is already late and that this delay is not a choice, as the...

Erol User is a leading banker of User Danismanlik.  He maintained in the Greek newspaper “Proto Thema” that many businessmen from Turkey want to...

George Papandreou told the New Democracy leader that Greece will insist on a package solution, believing that there is no other solution, and on...

Greece is in talks with the European Union and the International Monetary Fund on a debt restructuring package, according to The Financial Times. The scheme...

Greece isn’t in talks with creditors on restructuring its debt, Reuters news agency said, citing an interview with Finance Minister George Papaconstantinou. Papaconstantinou said talks...

Greece’s current financial situation is the main subject of a long and in depth analysis, published today by London’s Financial Times. The report suggests that...

On Sunday Chinese Prime Minister Wen Jiabao briefly met with New Democracy leader Antonis Samaras. Samaras thanked Jiabao for his support and for his purchase of Greek bonds during this...