Analysis: Greek Debt Relief With a ‘Fiscal Straitjacket’

The rescue plan for Greece as agreed in the June 15 Eurogroup is doomed to fail because it is a "fiscal straitjaclet," according to...

Most Germans Αnticipate a Greek Εuro Εxit

According to a Financial Times poll, only a minority of ordinary Germans want Greece to stay in the eurozone. There's not much optimism left...

Stournaras Says Banks Safe, Troika Talks Linger

With the apparent abandonment of a plan to allow the National Bank of Greece and Eurobank to merge after international lenders raised objections and...

Government Ponders Possibility of Selective Default

The government is now discussing with the Europeans the possibility to declare a selective default, if the financing of the deficits and of...

More Greek Business Owners Move Their Companies Abroad

As capital controls continue and clouds of economic uncertainty loom over Greece, many business owners opt to move their companies abroad. According to a CNBC...

Merkel: Greece on Track to Weather Debt Crisis

Greece has a chance to weather its crisis after the eurozone and private creditors agreed to restructure its debt, but has “a long way...

Actor Kimoulis Hiding Over 200,000 Euros Tax Debt

According to the newspaper Democracy, popular actor, filmmaker and producer, George Kimoulis, is being sought by authorities who issued an arrest warrant for him...

Juncker: Greece Exit from Eurozone Manageable

ATHENS - A Greek exit from the Eurozone would be manageable but is not desirable, Eurogroup President Jean-Claude Juncker said in an interview with...

Greek PM Offers Relief Measures as Elections Loom

Greek Prime Minister Alexis Tsipras on Tuesday unveiled several “relief measures,” including reinstating a benefit for pensioners who had their income slashed in 2012...

Kammenos Says Samaras Greece’s “Chancellor”

Independent Greeks leader Panos Kammenos, struggling to keep his party together in the wake of defections and waning support, lashed out at some of...

IMF Decision to Participate in Greek Bailout Program by Year-End

The International Monetary Fund said on Thursday that it might decide to participate financially in Greece's third bailout program by year-end, Reuters reports. IMF spokesman...

Samaras Ready to Bargain with The Troika

ATHENS – With inspectors from international lenders due on July 5, new Greek Prime Minister Antonis Samaras will reportedly try to convince them to...

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