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Labor Min Katrougalos Rules Out Mass Layoffs

Greek Labor Minister George Katrougalos reassured on Sunday in an interview with SKAI TV that there would be no mass layoffs. "The IMF is asking...

Commission VP Dombrovskis: We didn’t Ask Greek Govt to Raise Taxes

Athens has ignored the European Commission's advice that spending cuts would do less damage to Greece's potential for growth than raising taxes, said European...

Greece’s Creditors Disagree Over Ways to Ease Debt

The possibility of creditors reaching an agreement on easing the Greek debt before the May 24 Eurogroup is removed, according to a source close...

Yanis Varoufakis ‘Bomb’: Deal With Tsipras to Threaten Lenders With Grexit [Video]

New independent AthensLive , the crowdfunded and alternative media outlet, scored its first large scoop in a guerrilla interview with former Finance Minister Yanis...

What Greece Gained (and Lost) in Monday’s Eurogroup

The celebratory tones with which the Greek government announced the outcome of Monday's Eurogroup are like the celebration after the voting of the new...
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Eurogroup Extraordinary Meeting: Watch Arrivals (video)

The Eurogroup is hosting an extraordinary meeting to discuss the state of play of the macroeconomic adjustment program for Greece following a vote of...

Leaked Letter: Greek FinMin Urges Eurogroup to Recall Contingency Measures

Greek Finance Minister Euclid Tsakalotos reportedly sent a letter to his Eurozone counterparts, ahead of a Eurogroup meeting on Monday, warning that it is...

Greek Parliament Discusses More Austerity Amid Strikes

Greece halted to standstill with a snap 48-hour public-sector strike on Friday and Saturday ahead of a vote by the country's left-led SYRIZA government...

IMF Chief Urges Europe to Offer Debt Relief to Greece

The International Monetary Fund (IMF) will not participate financially in Greece's third bailout unless European creditors offer the country debt relief, said the Fund's...

ESM Head: Why was Greece Led to a Third Memorandum

ESM Head Klaus Regling said during an interview in Italian newspaper Corriere della Serra that "Greece is not facing bankruptcy. We are working in way that will...

Greece, Creditors Talks to Resume, But Deal on May 9 Eurogroup Unlikely

Greece's bailout negotiations with international creditors are to resume by teleconference on Tuesday, ahead of the extraordinary Eurogroup on May 9. According to Greek media, it...

Jack Lew: Flexibility and Debt Relief for a Financial Regulation in Greece

All sides must be flexible in order to successfully complete all the negotiations for Greece's financial regulation, US Treasury Secretary Jack Lew told Greek Prime Minister Alexis Tsipras...

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