Goldman Sachs Says GGB May Surprise

Goldman Sachs says that Greek paper could surprise since better-than-expected economic performance and government austerity efforts may ware down fears over a potential Greek...

Samaras, Venizelos Start Election Campaign Early

ATHENS – The date of the general election to choose a new Prime Minister will be announced next week, government officials said, but new...

Greek PM Tsipras: ‘I Have Made Big Mistakes’

"I have made mistakes... big mistakes," said Greek Prime Minister Alexis Tsipras, implying the choice of Yanis Varoufakis as finance minister, after the latter's...

ESM Chief: Greece Lost €100Bln in 2015 Negotiation Failure

The failed negotiations and mishandlings on the part of the Greek government in the first six months of 2015 cost the economy 100 billion...

Athens Stock Exchange Recording Losses of 7.35% During Third Consecutive Day of Fall

New dramatic free fall recorded the Athens Stock Exchange (ASE), which sank to a new year low, amid the worsening climate in the markets...

Demetres Christofias Does Not Exclude Bailout Mechanism for Cyprus

“Cyprus can't rule out external support for Greek-ravaged bank,” is an article on Reuters reporting that Cypriot Demetris Christofias, having evaluated the critical financial...

Greek PM Tsipras Optimistic Over Negotiation Outcome

A cabinet meeting chaired by Greek Prime Minister Alexis Tsipras took place in Athens late on Thursday with the focus mainly on developments in...

Bloomberg: Europe’s Banks ‘Tied’ To Greek Debt

Even after the EUR110 bil. bailout scheme for Greece, and the massive EUR750 bil package for endangered EU member states, investors are wary about...

Only a Few Greeks Are Happy With Their Life

According to a report from the Organization for Economic Cooperation and Development (OECD) on Well-Being, Greek households have been greatly affected by the economic...

Dijsselbloem: Euro Area Will Not Approve Greek Request for Bridging Program

Eurogroup President Jeroen Dijsselbloem has ruled out a "bridging program" requested by Greece until it can negotiate a new agreement for the country's debts,...

Eurogroup’s Dijsselbloem: Institutions to Return to Athens ‘Possibly Tomorrow’

Eurogroup President Jeroen Dijsselbloem said the institutions will return to Athens “possibly tomorrow” to complete the first review of Greece’s adjustment program. Speaking after the...

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...

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