Greek debt
Economy
Greek FinMin Varoufakis Urges 'New Deal' for Europe, Financed by EIB
Greek Finance Minister Yanis Varoufakis, in an interview with Italy's RAI 3 public television to be aired on Sunday evening, underlined that “the Greece's government will suggest a New Deal for Europe, like US President Roosevelt had done. A...
Economy
Scenarios on Greece's Current Position
Greece is in the center of media attention across the world this week. Reuters published an article on the possible scenarios that may play out over the next days and Thursday’s EU summit.
The week will begin with the G20 Finance Ministers'...
Greece
Greece: Disaster Capitalism’s Disaster
Now that TieGate has thankfully ended, dynamic duo Alexis Tsipras and Yianis Varoufakis, fresh from unwittingly disparaging la cravate on their European roadshow, return to Athens to address the hopes of a nation they shoulder. World headlines may have...
Economy
300 Intellectuals and Academics in Support of Greece
Some 300 internationally acclaimed academics and intellectuals from across the globe have signed and published an open letter in support of Greece and Europe, demanding from the European governments, the European Commission, the European Central Bank (ECB) and the International Monetary...
Economy
Italian PM Renzi During Tsipras' Visit: I'm a Fan of the Greek Effort
Greek Prime Minister Alexis Tsipras' meeting with his Italian counterpart Matteo Renzi in Rome was concluded in a positive climate a few minutes ago and the two Premiers proceeded with a joint press conference, underlining Greece 's need of reforms....
Economy
Greek Govt Spokesman: We have not Changed Our Stance on Greek Debt
The government's firm position is that the Greek debt is not sustainable and that is the reason why its write-off is required, government spokesman Gavriil Sakellaridis on Tuesday told ANT1 TV.
Sakellaridis stressed that the government has not changed its...
Economy
Bank de France Governor Rules Out Greek Debt Write-Off
Bank de France Governor and European Central Bank (ECB) board member Christian Noyer appeared negative today towards a partial Greek debt write-off, although he did not rule out adjustments, reminding that the European countries that have lent money to Greece...
Economy
NYT: German Demand for Full Debt Repayment Unrealistic, Greek Position Reasonable
Greece's proposals for debt repayment are completely reasonable and Germany's position that the debt should be repaid in full is unrealistic, said New York Times financial columnist Paul Krugman.
"What they want instead is substantive but not outrageous relief...
Economy
Greek FinMin to Financial Times: Greece will Opt for Debt Swap, Rather than Write-off
Greece will not call for a debt write-off but request a "menu of debt swaps," including two types of new bonds, Greek Finance Minister Yanis Varoufakis told the Financial Times on Monday.
According to the newspaper, Greece "unveiled proposals...
Economy
Business Insider: ECB Squishing Greek Banks to Reach a Deal With the Government
The European Central Bank (ECB) is constantly adding pressure to Greek banks, threatening to withdraw emergency funding if the country's government does not compromise. In a time that the newly elected leftist Greek government is attempting to renegotiate the...