IMF

After 12 hours of talks – and a third meeting – Eurozone finance ministers finally reached an early morning deal on Nov. 27 to relieve Greece’s crushing debt and pave the way for the release of $57 billion in...

The International Monetary Fund wants euro zone finance ministers to agree to cut Greece's debt by 20% of GDP now (equal to €40 billion) and commit to further cuts later in order to put the country’s debt in a...

Eurozone finance ministers on Nov. 26 will consider for the third time in three weeks whether to sign off on a long-delayed $38.8 billion loan installment Greece needs to keep its debt-crushed economy from crashing, but could face yet...

The Italian news agency ANSA, quoting European officials, said Eurozone finance ministers are unlikely to again – for the third time – act on a long-delayed $38.8 billion loan installment for Greece when they meet in Brussels on Nov....

Eurozone finance ministers are considering a possible "haircut" for Greece in 2015, imposing losses on its international lenders, a German newspaper reported on Nov. 25, in a bid to reduce the debt mountain of the recession-wracked country. Other Eurozone countries...

While Greece's crushing economic crisis has hurt many people - those suffering pay cuts, tax hikes, slashed pensions and who have lost their savings by investing in Greece - it's made a lot of money for some speculators, the...

The European Central Bank is considering a plan to give back almost 9 billion euros ($11.52 billion) to Greece from the profits it makes through its holdings of Greek bonds as part of a scheme by international lenders to...

After being upstaged when Eurozone finance ministers couldn’t agree on releasing a long-delayed $38.8 billion loan installment to keep Greece’s economic alive, Prime Minister Antonis Samaras said after a European Union budget meeting failed that he believes the monies...

Greek Prime Minister Antonis Samaras was in Brussels on Nov. 22 for the start of a two-day meeting of European Union leaders on the region's budget where he was expected to meet Eurozone chief Jean-Claude Juncker and push for...

After 12 hours of talks in Brussels between Eurozone finance chiefs and International Monetary Fund Managing Director Christine Lagarde failed to reach an agreement on how to manage Greece's runaway debt and unlock a long-delayed $38.8 billion loan, Prime...