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Philip Chrysopoulos

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FT: Greece Can Say No to Creditors Without Catastrophic Consequences

"Greece has nothing to lose by saying no to creditors," is the title of an analysis by The Financial Times that says bankruptcy and...

Wednesday’s European Central Bank Meeting Crucial for Greece

The European Central Bank meeting on Wednesday will be crucial for Greece as bank governors, such as Bundesbank's Jens Weidmann, will certainly ask for...

Creditors Angered by Greece’s Infeasible, Vague Proposals

Greece's creditors are angered by the vagueness and infeasibility of the proposals presented by the Greek negotiating team that led to a premature ending...

The Price of Letting Greece Go Bankrupt and Out of the Eurozone Is Too...

As negotiations between Greece and creditors seem to stall each day and the country is perilously close to missing its due payment to the International...

Six Charts Show How the Greek Economy Plunged in Six Months

A Bloomberg report used six charts to show how the Greek economy went back into recession in the six months between the call for...

Number of Foreign Visitors to Athens, Greece Increased Jan-May

The number of visitors to Athens and the Attica region increased in the period January-May, according to a report on Greek Travel Pages website. Citing...

Eurogroup Chief: Greece Must Make Tough Decisions, But Deal Is Possible

Eurogroup President Jeroen Dijsselbloem said that "Greece must make difficult decisions to avoid a default," but a deal is still possible before June 30. The Eurogroup...

Greece Optimistic About Deal Despite IMF Walkout, Europe Warns Time is Running Out

"I hope that the deal will come very soon, on June 18, when the Eurogroup takes place," said State Minister Alekos Flabouraris on Greece's...

EC President Juncker: Greece Must Show 1% Primary Surplus, No Extension Deal

European Commission President Jean-Claude Juncker explained to Greek Prime Minister Alexis Tsipras what needs to be done urgently in order for Greece to avoid...

Varoufakis Says He Is Against Deal, Disagrees With Negotiation Strategy

Greek Finance Minister Yanis Varoufakis has distanced himself from the SYRIZA party line saying in parliament that he disagrees with the negotiation strategy and...

U.S. Hopeful on Greek Deal to Avoid World Impact

The U.S. government expressed hope that an agreement between Greece and its lenders would be signed before June 30, when the cash-strapped country’s bailout...

Greek Gov’t Celebrates the National Broadcaster Reopening

In an emotionally charged atmosphere, Greek national broadcaster ERT reopened on Thursday in the second anniversary of its closing down by the previous government...

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