Greek debt restructuring
Economy
ESM on Greek Debt Relief: We Shall See After August 2018
Greece's lenders will be able to determine if Greece needs further debt relief only in the summer of next year, the head of Europe’s rescue fund (ESM), said on Thursday.
Klaus Regling said that Greece does not have “a debt...
Economy
French Finance Minister: Third Support Package to Greece is an Act of Solidarity
"We are here today to decide on the implementation of the third support package to Greece," stated French Finance Minister Michel Sapin upon his arrival to the Eurogroup on Friday.
Sapin underlined that a very important work and preparation from the Greek...
Economy
German FinMin Schaeuble: Time Running Out for Greece
German Finance Minister Wolfgang Schaeuble proceeded to yet another foreboding estimation for the Greek program's future. Addressing a news conference held in Berlin about the German government's spending plans he stated that the time for the country which is...
Economy
ECB, Eurozone Taxpayers Could Get 30% Greek Haircut
ATHENS – After stiffing private investors for 74 percent losses earlier this year on their holdings in Greek bonds, Greece may also give a so-called “haircut” of 30 percent losses to the European Central Bank (ECB) and the 16...
Greece
EU Officials Tell Reuters that Greece Will Need More Debt Restructuring
Three EU officials talked to the Reuters news agency about Greece's financial future. "Greece is unlikely to be able to pay what it owes and further debt restructuring is likely to be necessary," they told to Reuter's Luke Baker.
Inspectors from...