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German FinMin Schaeuble: Tsipras’ Govt Damaged Improving Greek Economy

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors....

Alan Greenspan Predicts Greek Exit from Eurozone Inevitable

Alan Greenspan, former chief of the US Federal Reserve from 1987 to 2006, predicted a Grexit. Speaking to BBC, Greenspan said he could not see who would...

Austrian Chancellor: Grexit Option Must be Eliminated

“We should save Greece and Europe from a Grexit option,” Austrian Chancellor Werner Faymann underlined in a newspaper interview ahead of Greek Prime Minister Alexis...

EU Commissioner Moscovici: Eurozone Needs Greece and Greece Needs Eurozone

European Union Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, talking with BBC’s "Hardtalk," expressed the Eurozone’s determination to “do everything”...

Former IMF Official: Greek Debt Must be Cut by 50%

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's...

Austrian Chancellor Faymann: EU to Stand by Greece

His opinion that the European Union should stand by Greece expressed Austrian Chancellor Werner Faymann, calling, at the same time, for talks on the...

Working for the Yankee Dollar: United States, the Unexpected Winner of Greek Elections

Sunday's Greek elections had more than one winner. In fact, several winners emerged from the ballot, some completely unexpected. SYRIZA scored the first victory of...

EBRD ‘Freezes’ Six-Billion-Euro Loan to Greek Businesses Until After Elections

With the critical Greek elections just 5 days away, the European Bank for Reconstruction and Development (EBRD) has spread disappointment to the country’s business world...

Seven Billion Euros Transferred Outside of Greece Since Elections Announcement

Some seven billion euros have been transferred out of Greek banks since late December, when the Parliament failed to elect a new President of...

ECB Executive: Talk of Grexit Unreasonable and Unrealistic

The speculation of a possible Grexit, which lately dominates the Greek public sphere, ruled out European Central Bank (ECB) executive board member Benoit Coeure...

Regling: Discussion on Greek Debt Relief Possible Only if Reforms Continue

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on...

Moody’s: Grexit Relatively Unlikely Now

The possibility of Greece leaving the common European currency is relatively unlikely now than it was in 2012, at the peak of the Eurozone...

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