IMF
Economy
Troika's Greek Ultimatum: 3 Days To Deliver
Frustrated with stalled firings and foot-dragging, Greece's international lenders have given the government until the end of the week to pass reforms or face losing its next loan installment of 8.1 billion euros ($8.1 billion) four Eurozone officials said...
Economy
Müller: IMF Destroyed Greece to Sell Out its Deposits
German financier Dirk Müller, also writer of the book Showdown, in his interview to the Ιnternet version of Focus magazine, supports that the USA caused the crisis in Europe in order to halt the increasing influence of the euro...
Economy
Greece Braces For Tough Troika Talks
The Troika is back in town, and Greek officials said they are expecting "truly difficult" talks with envoys from the country's international lenders, the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) over lagging reforms and a 1-billion euro ($1.3...
Economy
Will New Democracy Become New Greece?
Greek Prime Minister Antonis Samaras hinted to his party faithful at the close of New Democracy’s weekend conference on June 30 that he may be ready to change more than just its identity, but its name, to New Greece.
Samaras...
Economy
More Austerity Seen Coming For Greece
Greek Prime Minister Antonis Samaras may yet have to break his promise not to impose more pay cuts, tax hikes and slashed pensions on beleaguered Greeks because of a billion-euro hole in the country's budget in the wake of...
Economy
ND-PASOK Alliance Takes The Reins
Moving forward after the withdrawal of one of his coalition members, Greek Prime Minister Antonis Samaras formulated a new alliance with the other coalition partner, the PASOK Socialists, in a new cabinet that gives his partner key ministerial positions.
Samaras,...
Europe
Ifo Sees New Greek Debt “Haircut”
With two bailouts of $325 billion failing to make much of a dent in Greece's crushing economic crisis, an analyst at the Ifo Institute in Munich has recommended that the country impose big losses on public investors the same...
Economy
Mitsotakis Wants More Firing Time
Prime Minister Antonis Samaras' Cabinet shakeup to bring in PASOK Socialists as a reward for backing his closing of state broadcaster ERT means the government won't be able to meet deadlines set by international lenders to start firing more...
Economy
RBS Sees Euro's End, Drach's Return
According to a report issued by the Royal Bank of Scotland, '' If the troika is to request additional austerity measures, the new Greek government will collapse and euro exit scenarios will return."
According to RBS, a rather hot September is...
Economy
ERT Over, Samaras' Hybrid Moves On
ATHENS - After a series of talks over the shutdown of national broadcaster ERT and the firing of all 2,656 workers, Greek Prime Minister Antonis Samaras’ coalition has lost one of its partners, but he said he will finish...