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IMF Chief: Primary Surpluses of 3.5% for 10 Years Not Feasible for Greece

  Primary surpluses of 3.5% over the next ten years are not feasible or achievable, and this is well known, International Monetary Fund Managing Director...

IMF Chief: Greek Debt Must be Sustainable for the Fund to Participate in Bailout

The Greek debt must be sustainable in order for the International Monetary Fund to participate financially in the third bailout program, said IMF Managing...
How the Greek Crisis is Profitable for the IMF

How the Greek Crisis is Profitable for the International Monetary Fund

Does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?

PM Tsipras Stresses Agreement Must Have ‘Substantial Measures for the Debt’

Whatever solution is linked inevitably with "substantial measures for the debt" said Prime Minister Alexis Tsipras in a statement to the Sunday edition of...

German Newspaper: Schaeuble Says ‘No’ to Freezing of Interest Rates for Greece

Germany says 'No' to freezing of interest rates for the Greek debt until 2040 because that would cost creditors 120 billion euros, according to...

Greek Court Sentences Artemis Sorras to 8 Years in Prison Without Parole

A Greek court on Friday sentenced in absentia Artemis Sorras and his wife to eight years in prison without parole on felony charges of...

Greece Caught in ‘Debt Trap’ Parliament Budget Office Says in 5th Interim Report

Greece is caught in a self-reinforcing recessionary spiral caused by its high and unsustainable debt, which must be deeply restructured in order to allow...

‘Comprehensive Solution’ for Greek Program in April, Greek PM Tsipras Says

Greece successfully pushed for the insertion of a special reference to action for fighting unemployment in the final conclusions of the European Council, Prime...

IMF Chief: Tsipras Asked for Fund to Stay in the Greek Bailout Program

International Monetary Fund Managing Director Christine Lagarde said that Greek Prime Minister Alexis Tsipras asked the IMF to stand by Greece in the bailout...

IMF Chief Urges Greece to Implement Reforms, Europe to Offer Debt Relief

International Monetary Fund Managing Director Christine Lagarde said that Greece must implement essential reforms, at the same time urging Europe to offer the country...

German FinMin Says Greece Must Decide Whether it Wants to Stay in Euro Zone

Greece must decide whether it wants to remain in the euro zone, German Finance Minister Wolfgang Schaeuble said on Tuesday, according to Reuters. Schaeuble told...

Germany Makes Concessions to Close Greek Bailout Review, Spiegel says

Germany is abandoning its hard stance and makes new concessions in negotiations so that Greece's bailout program review is completed, Spiegel magazine says. The report...

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