Eurozone

If 2015 was the year Greece secured its place in the Eurozone and ended the so-called 'Grexit' talk, then 2016 must be the year the country will start its exit from the crisis, Prime Minister Alexis Tsipras said on...

The recapitalization of the banks is probably the biggest robbery in Greece's history, Popular Unity leader Panagiotis Lafazanis said in an interview with Praktorio FM on Tuesday. The only solution for exiting the crisis is nationalising the banks and exiting...

Turkish politician Kemal Dervis has a reputation as a good manager who led Turkey out of a financial crisis at the end of 1990s. Talking to the ANA-MPA's Annita Triantafyllopoulou on Thursday, Dervis seemed confident that Greece's economy can...

Greek former Finance Minister Yanis Varoufakis visited Australia to give a lecture at Sydney University, where he explained what he has planned for the future. According to the newspaper Sydney Morning Herald, Varoufakis stressed that from the moment that a...

The European Central Bank (ECB) noted that even though after July Greece's expectations to default diminished, the stakes are still high due to concerns over an early and full implementation of the third bailout  program. For what concerns the Eurozone...

Greece had a chance to default and be kicked out of the European common currency bloc "but we missed it," said former finance minister Yanis Varoufakis. Speaking to the Guardian, Varoufakis said that the reason Europe is not able to...

Representatives of the Eurozone's finance ministries were unable to officially approve the disbursement of two billion euros of bailout funds to Greece, as well as of the 10 billion euros for the country's bank recapitalization, during a Euroworking Group meeting in Brussels on Friday. Real.gr cites European officials...

Greece must legislate the new measures agreed by the end of the week in order to receive a subtranche of 2 billion euros in financial aid on Monday. The Euro Working Group and the European Stability Mechanism will assess the...

The Greek crisis that kept politicians busy in the summer of 2015 has fuelled particularly negative sentiments among business leaders from the non-eurozone countries, according to a report by Deloitte published today (16 November). A second edition of the European...

A positive climate prevails among senior officials of the euro zone over the negotiations taking place in Athens with the view to reaching an agreement between institutions and Greek authorities. Eurogroup president Jeroen Dijsselbloem welcomed the "good progress" achieved in...