Eurozone

  A new 20 euro bill will hit the streets of the Eurozone member state on November 25. The new bill, which marks the first replacement of its kind since 2002, will be transparent when struck by sun light and the portrait...

Greek Prime Minister Alexis Tsipras claimed that the Greek government will legislate all the necessary prior actions that will greenlight the disbursement of the additional bailout funds to Greece at this upcoming Monday's Euroworking Group. The Eurozone's finance ministers decided on...

Greek Finance Minister Euclid Tsakalotos was unable to convince his Eurozone counterparts to grant the provision of two billion euros of bailout funds to Greece, during Monday's Eurogroup in Brussels. This outcome was expected due to the deadlock between the Greek government and the institutions- the European...

The latest Eurobarometer survey revealed that 65% of Greeks wish to remain in the common currency union. The percentage has increased by six points compared to 2014, noted the report. According to the new survey conducted from October 12 to...

Greece's delay in negotiations over reforms required by the bailout program has left many issues still open, rendering the disbursement of the 2-billion-euro subtranche highly unlikely, according to European Commission sources. The cancellation of the Euro Working Group teleconference scheduled between...

Greece's economy will deteriorate further in the next six months as a result of the terms imposed on the country by its EU partners and creditors, following the lead of German Finance Minister Wolfgang Schaeuble, Greece's controversial former finance...

Greek Prime Minister Alexis Tsipras met with European Parliament President Martin Schulz in Athens on Wednesday to discuss the refugee crisis as well as the bailout that the Greek government is attempting to implement. Tsipras reiterated the Greek government's position and that there needs...

A top Eurozone official on Wednesday expressed the hope that Greek authorities and representatives of the institutions could reach an agreement by Monday, November 9 -- when a scheduled Eurogroup meeting in Brussels will take place -- to disburse...

Greece’s third bailout loan from the Eurozone might ultimately be less than originally estimated. The European Central Bank announced the official Greek banks’ stress test results on Saturday, noting that the Greek banks’ need for recapitalization is less than...

Eurostat figures released on Friday place Greece at the top of the unemployment table within the Eurozone as well as the European Union. Greece's figures, which take into account data available until the month of July, show a 25% seasonally adjusted unemployment rate, which...