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Varoufakis: ‘I Was Right About the Debt, and You Know it!’

Former Finance Minister Yanis Varoufakis replied to an article published in Kathimerini through his blog. Here is his reply: In a recent article entitled “Varoufakis and...

German Parliament Approves €8.5 Billion Loan to Greece

The €8.5 billion tranche for Greece has been approved by the competent committee of the German Parliament, based on the Eurogroup agreement. Germany today gave...

ECB Head Mario Draghi Puts QE on Hold

"Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt," noted ECB head Mario Draghi. In...

Analysis: Greek Debt Relief With a ‘Fiscal Straitjacket’

The rescue plan for Greece as agreed in the June 15 Eurogroup is doomed to fail because it is a "fiscal straitjaclet," according to...

EU Says Greece Needs Additional Debt Relief

The EU says that Greece will need more debt relief in order to win the trust of investors, even though it’s likely to exit...

Greece Gets a Deal: Full Eurogroup Statement

The Greek government managed to get a deal with its creditors at Thursday's Eurogroup and unlock the next vital cash tranche of its bailout...

EU’s Moscovici Optimistic that ‘Fair Solution’ on Greek Debt Relief Can be Reached at...

In an interview published in the Funke group German newspaper on Wednesday, European Union Currency Commissioner Pierre Moscovici said that he is anticipating a...

Greek Debt, Quantitative Easing Out of the Eurogroup Agenda

Despite Greece's high hopes, debt relief and inclusion in the European Central Bank quantitative easing program are two issues that will not be discussed...

Bloomberg: European Central Bank Unlikely to Include Greece in QE Soon

The European Central Bank is unlikely to include Greek bonds in its quantitative easing (QE) program for the foreseeable future, a Bloomberg report says. The...

French FinMin Le Maire Optimistic that Greece’s Debt Relief Could Be Linked to Growth

On Monday, following a meeting with his Greek counterpart Euclid Tsakalotos, France's finance minister, Bruno Le Maire, seemed quite optimistic regarding the potential of...

French Proposal to Help Greece Restore Access to Markets

French Economy Minister Bruno Le Maire arrived in Athens on Sunday in order to underline his country' support in solving Greece's debt problem. Athens is...

Euro Working Group Head Thomas Wieser Labels IMF Demands ‘Ridiculous’

In an interview with Austrian newspaper "Salzburger Nachrichten," Euro Working Group Head Thomas Wieser expressed his positive outlook for Greece in the upcoming June...

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