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Philip Chrysopoulos

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Another €2 Bln in Bad Loans Added in Jan-Feb

Greek bankers estimate that the amount of non performing loans created in the first two months of 2015 amount to 2 billion euros. This is...

New Democracy Leader Faces Second Round of Party Wrangling

New Democracy leader Antonis Samaras will once again see his leadership challenged when he will meet with the party's political committee on Sunday. After a long...

Greek Foreign Minister: Jihadists will Flock in Europe if Greece Crumbles

Greek Minister of Foreign Affairs Nikos Kotzias said that jihadists will flock in Europe if Greek economy crumbles. Kotzias spoke during an unofficial meeting of...

Juncker Declines to Meet with Tsipras Before Eurogroup, Athens Refutes

With Greece facing a serious liquidity problem, Prime Minister Alexis Tsipras has asked for a meeting with European Commission President Jean-Claude Juncker. However, the...

Tsipras Faces ‘Civil War’ from SYRIZA Members

Several key SYRIZA members are disgruntled over the presumed compromises Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis have made in the negotiations...

Greece Repays First IMF Installment for March

Greece repaid the first 310-million-euro installment of a loan from the International Monetary Fund due in March, a government source told Reuters on Friday. The...

German MPs Propose €500 Incentive for Holidaymakers to Greece

Two conservative German lawmakers proposed a 500 euro incentive to German holidaymakers to visit Greece on the condition that they should bring back equal...

Greece Looking at Eurogroup for Breath of Air

Greece is facing a serious liquidity problem since the European Central Bank refuses to include the country in the quantitative easing program or buy...

Migrant Detention Center Evacuation Continues With Mixed Results

The operation to evacuate and shut down the Amygdaleza migrant detention center in Greece continues with very little success. The vulnerable groups that should have been...

German Finance Ministry: Greece Has Paid Back €360 Mln in Interest

The German Finance Ministry has admitted that the austerity policy imposed on Greece is responsible for the economic crisis and the bankruptcy threat, according...

Bloomberg: Liquidity in Greece Might End in Three Weeks

As negotiations over the Greek debt continue for over six months, the impasse threatens to drag Greece back into recession, or even lead it...

Troika Returns to Athens Under Different Name

About twenty representatives from the European Central Bank, the European Commission and the International Monetary Fund will arrive to Athens next week to review...

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