Tags Posts tagged with "Greek Debt"

Tag: Greek Debt

ECB, IMF, ESM and European Commission Release Joint Statement on Greek Program

The European Commission, the European Central Bank (ECB), the International Monetary Fund (IMF) and the European Stability Mechanism (ESM) released a joint statement on Thursday...

The Greek debt crisis was announced to the world 6 years ago….are we any...

On October 4th 2009, the center-left PASOK party, led by George Papandreou, defeated Kostas Karamanlis after 5 years of New Democracy rule. While the murmurings...

Greek ‘Haircut’ is a Matter of Time, Says Head of German Institute

A “haircut” to Greece’s debt is unavoidable because it is not sustainable, Dr. Marcel Fratzscher, the President of the German Institute for Economic Research (DIW)...

Greece to Agree to €2.7 Bln Additional Fiscal Measures to Complete Review

Creditors proposed that Greece must implement additional fiscal measures "in waiting" worth 2.7 billion euros in order for the bailout program review to be completed. Greece...

German Finance Minister Urges Greece to “Do More”

The finance ministers of France and Germany have voiced hope that Athens will soon reach a new bailout deal with its international lenders. Both...

IMF: Greek Debt Is ‘Highly Unsustainable’

The International Monetary Fund urges European creditors to offer Greece substantial debt relief because the country's debt is "highly unsustainable," according to Reuters. The report...

EU Finance Commissioner: Greek Debt Ease Tied to Bailout Program Evaluation

"It is inevitable to connect the completion of the evaluation, with our commitment to the debt," said European Commissioner for Economic and Financial Affairs...

IMF Chief: ‘[Greece’s] Pension Scheme Is Going Right Into the Wall’

"Their pension scheme is going right into the wall the way it is now, and they know it," said International Monetary Fund Managing...

German Newspaper Depicts Socrates Holding His Head Over Greek Crisis

German newspaper Bild has photoshopped a statue of Socrates holding his head in despair as Greece enters a new crisis similar to the one...

German Chancellor, IMF Chief Agree to Disagree on Greek Debt Relief

German Chancellor Angela Merkel and IMF Managing Director Christine Lagarde agreed that the Fund will participate in monitoring Greece's bailout program but disagreed on...

U.S. Vice President Biden Urges EU to Offer Debt Relief to Greece

U.S. Vice President Joe Biden argued that the European Union must provide debt relief to Greece, in a telephone conversation with Greek Prime Minister...

EU to Start Talks on Greek Debt Relief by Mid-April if Bailout Review is...

Euro zone finance ministers are likely to start discussing debt relief for Greece on the sidelines of the IMF's spring meetings in mid-April, if...