Greek debt

Reuters revealed Wednesday that Greece is planning to ask for a 50-year extension to its repayment of loans from its international creditors. “Greece will formally propose stretching the maturity of its international rescue loans to up to 50 years as part of...

The new German proposal addresses the financial crisis that is plaguing Greece with a new bailout loan, more debt haircuts and a more responsible attitude on Greece's part. This was stated by the German Institute for Economic Research president, Marcel Fratzscher who added...

German Finance Minister, Wolfgang Schäuble seemed rather positive about “providing limited aid” to Greece, stating that this will not include a new “haircut” to the already existing debt. "What we always said was that if Greece were to need further,...

The euro area will take any decisions on Greece’s debt in the second half of 2014, Eurogroup President Jeroen Dijsselbloem said on Thursday during a hearing of the Europarliament Economic Affairs Committee. “There may still be way ahead but there...

According to a recent study showing the per capita debt of each country, Greece is placed in 12th. However, countries that are considered as successful examples of fiscal policy are higher on the list. Japan with 127.1 million population comes...

The viability of the Greek debt and the financing gap for the years 2015-2016 will be discussed “from the summer onwards,” European Commission Vice-President and Commissioner for Economic and Monetary Affairs and the Euro Olli Rehn told an interview...

A recently published Bloomberg article presents the mistakes of troika's policy and stresses that the European partners of Greece should help the country avoid bankruptcy. According to the article, in 2010 the Greek government received one of the "biggest  bailout programs...

The German economist and former member of the European Commission’s Task Force for Greece, Jens Bastian proposes an international summit for the Greek debt, similar to the one organized in 1952, which will link the debt’s “haircut” with certain...

Greek Finance Minister Yannis Stournaras was very critical of the Troika during his meeting with members of the European parliament, who are monitoring the activities of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) task force operating in EU...

Despite the recession and the austerity measures, the Greek public debt increased in the third quarter of 2013, with a 19.5% total increase in a year. According to Eurostat, Greece is the champion of debt as far as Gross Domestic...