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Greek Gov’t Offers Bond Swap as Step to Leave Financial Dependency

The Greek government announced a bond swap on Wednesday as a step for Greece to stand on its own feet after the end of...

Eurogroup Chief: We Saved the Greek Banks but Overlooked Taxpayers

Outgoing Eurogroup chief Jeroen Dijsselbloem acknowledged on Thursday that Greece’s creditors put too much emphasis on saving the banks at the expense of ordinary...

Mixed Results After First Round of Bailout Review Talks with Creditors

The first round of talks between Greece and creditors on the third evaluation of the bailout program will be completed today (Friday) with some...

Public Sector Employees to Demonstrate Against Work Evaluation on Monday

The public sector employees' union ADEDY will be staging a rally in central Athens on Monday to protest against the evaluation scheme proposed by...

EU Reacts to Greek Gov’t Plan for Social Christmas Dividend

Brussels opposes a Greek government plan to give needy citizens a social dividend from the 2017 primary surplus, and suggests priority to be given...

Tsipras Vows to Complete Third Review of Bailout Rapidly

Greek Prime Minister Alexis Tsipras vowed to take all necessary measures in order to complete the third bailout review. Speaking at a press conference at...

Greece’s Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its...

Greek PM Tsipras: ‘I Have Made Big Mistakes’

"I have made mistakes... big mistakes," said Greek Prime Minister Alexis Tsipras, implying the choice of Yanis Varoufakis as finance minister, after the latter's...

Tsipras to Varoufakis: Let’s Take the €16 Bln of the European Central Bank

"What? There are 16 billion euros in cash scattered here and there, and we do not use them to load ATMs and make them...

ECB Chief: Up to Greece to Decide Whether to Tap Bond Market

European Central Bank President Mario Draghi said on Thursday that it is up to Greece to decide whether to tap the bond market again,...

EU Sources: Loan Tranche for Greece to be Approved on Friday

Officials in Brussels and Athens are confident that the Governing Body of the European Stability Mechanism (ESM) meeting on Friday will approve the disbursement...

Athens Retailers Reluctant to Open Stores on Sundays, Despite New Law

Athens retailers are reluctant to open their stores on Sundays, despite the fact that they can do so after the law that went into...

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