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Troika Returns to Athens for New Round of Talks

Talks between Greece's creditors and the government on concluding the third review of the Greek program are due to begin today (Monday), when the...

Eurogroup Chief Arrives in Greece for First Time after Enigmatic Handshake with Varoufakis

Eurogroup President Jeroen Dijsselbloem is to arrive in Greece on Monday for talks with Finance Minister Euclid Tsakalotos as a prelude to the third...

Institutions Leave Athens With Many Critical Issues Unresolved

Today Greek officials reported that talks between foreign envoys representing the institutions of the latest bailout review and Greek government concluded without the parties...

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...

Wow! Greece’s Varoufakis Becomes a Comic Strip

Greece's former finance minister Yanis Varoufakis is finally available in comic form thanks to Patakis publishing house. An easy-to-understand (and humorous) guide to negotiations...

Wikileaks: IMF Threatens to Leave Troika Ahead of Greek ‘Disaster’

Wikileaks has revealed a conversation between the two top IMF officials in charge of the Greek debt crisis, Poul Thomsen, head of the IMF’s...

Former Greek FinMin Varoufakis Says He Resigned from Gov’t as Troika Had No Intentions...

Former Greek finance minister Yanis Varoufakis discussed for the umpteenth time the other day his tenure with the government of Alexis Tsipras. Speaking on Bloomberg,...

The EU-Turkish Bazaar

Recently, the IMF EU -Troika team visited the occupied area of Cyprus to study and ascertain the costs of the illegal airport in preparation...

European ‘Troika’ Meeting in Frankfurt Over Greek ‘Fiscal Gap’ Proved Fruitless

The new bailout program for Greece continues to divide the country’s international creditors as the International Monetary Fund (IMF) refuses to go along with...

Death of the Republic of Cyprus

There is euphoria in the air on resolving the Cyprus issue this year; come rain or shine there will be a solution – so...

Hope Has Turned to Despair One Year After Syriza’s Historic Rise to Power

“Hope begins today” was the message that the current Greek Prime Minister Alexis Tsipras sent to the Greek people when his Coalition of the...

Greek Government Agrees to Hold Discussions with IMF Over Pension Reform

  Tsipras’ Syriza-led government has done more somersaults since it came to power than an acrobatic gymnastics team in Olympic competition. Take for example its stance...

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