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No Need to Ease Greek Debt for Now, German FinMin says

German Finance Minister Wolfgang Schaeuble on Wednesday put an end to Greece's wish to ease its debt any time soon, despite the Greek government's...

German Press Reports Defend Greece Following IMF Report

The German press is filled with extensive commentary concerning the International Monetary Fund's (IMF) report on Greece that was released on Friday. The report...

Berlin: Greece Continues to Drag Feet on Required Reforms

There is concern in Berlin that the Greek government is very slow in implementing the reforms required for the completion of the second bailout...

IMF Report: Pension Reductions, Tax and Labor Changes Needed

The International Monetary Fund (IMF) Greek Head Delia Velculescu held a conference call with reporters on Friday. She stated that Greece’s growth outlook remains...

IMF Rep Velculescu: Greek Reforms are Toxically One-Sided in Class Structure

International Monetary Fund Representative Delia Velculescu met with the leadership of the General Confederation of Greek Workers (GSEE) at the Bank of Greece (BoG)...

Lagarde: IMF Not Ready to Participate in Greek Bailout

International Monetary Fund Chief Christine Lagarde told Reuters that the IMF will downgrade its 2016 global growth forecast as economic prospects worsen. The IMF's...

Greek Government ‘Surprised’ by EC Intervention on Supreme Court’s ELSTAT Probe

The European Commission wants the Greek government to take an official stand on press reports that the Hellenic Statistical Authority (ELSTAT) had rigged data...

IMF Study: Greece’s Aging Workforce May Reduce Productivity

An IMF study places Greece in a high-risk category concerning the aging population over the next twenty years. At current rates, the age demographics...

Greek President Pavlopoulos: ‘The Country Still Suffering from Mistakes of the First Memorandum’

President of Hellenic Republic Prokopis Pavlopoulos noted that there is need for corrections to the Greek program commenting on IMF's report at a meeting...

Scathing Report: IMF Watchdog Criticizes the Fund’s Poor Handling of Greek Crisis

The International Monetary Fund's Independent Evaluation Office presented a scathing report on Thursday on the IMF’s handling of European bailouts. The findings show that...

U.S. Treasury Secretary Lew to Visit Athens This Week

U.S. Treasury Secretary Jack Lew will visit Athens this week to urge the Greek government to expedite required economic reforms, according to the Treasury...

IMF: Greece Is a Special Case Regarding its Rescue Program

The failure of the Greek bailout program was due to a variety of factors, said International Monetary Fund Communications Director Gerry Rice on Thursday. Comparing...

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