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US Government Backs IMF Handling of Greece’s Bailout Program

"The U.S. government is supporting the International Monetary Fund and Managing Director Christine Lagarde in the way they handle the Greek bailout program," said...

Spain Threatens Blocking Greece’s Bailout Due to Legal Case

Greece's failure to drop a legal case against European experts who had worked on the Greek privatization program has caused an angry reaction from Spain as...

Deciding on Greece’s Fate Behind Closed Doors Cannot Continue, Says Moscovici

Deciding on Greece behind closed doors and without accountability cannot continue forever, Economic Affairs Commissioner Pierre Moscovici said on Thursday, speaking at the Brussels...

Greek PM Tsipras Rounding Up Support for Greek Debt Relief

With the next eurozone meeting just around the corner Prime Minister Alexis Tsipras has put his charm on this week, speaking on the telephone...

Tsipras: ‘We are Striving for Better Solutions on the Debt’

The government's strategic target was for Greece to be able to borrow directly from the markets after the current programme ends in August 2018,...

Tsakalotos: Overall Deal on Greece’s Loan Tranche, Debt Feasible Within Three Weeks

Finance Minister Euclid Tsakalotos expressed the joint belief of all Eurogroup participants on Monday that an overall agreement on Greece -- including both the...

Eurozone Growth at 1.7% in First Quarter; Greece Is the Only Country in Recession

The eurozone economy grew at a rate of 1.7% in the first quarter, while Greece is the only country that experienced a recession. According to...

‘Strong Push’ for Comprehensive Deal by May 22 From G7, Say Eurozone Sources

Discussions on Greece on the sidelines of a G7 finance ministers' meeting and central bankers in the Italian city of Bari on Friday concluded...

Greece Remains Champion of Unemployment in the Eurozone

Although Greece's unemployment rate dropped slightly in February, the country is still the champion for unemployment in the Eurozone. According to the latest statistics released by...

Fitch: Greece’s Preliminary Deal With Creditors Is Positive Step for Unlocking Aid

The preliminary agreement between Greece and its international creditors is a positive step towards unlocking funds that will enable the country to meet its...

Greece Strikes Bittersweet Deal With Creditors Hoping for Debt Relief

The Greek government has reached an initial deal with the country's international lenders from Europe and the International Monetary Fund regarding the second review of...

Pavlopoulos: The Cyprus Issue Is Not a National But an International and European Problem

"Whatever solution to the Cyprus problem must be compatible with the European law," the President of the Hellenic Republic Prokopios Pavlopoulos said on Wednesday...

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