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German Press: Greece Will Likely Need Another ‘Bailout’ Due to High Debt

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial...

Yet Again, Merkel Rules out a Greek Debt “Haircut”

Speaking to German media, Chancellor Angela Merkel, once more, ruled-out a haircut of the Greek debt. She said that under no circumstances could there be...

German Fin Min: No Debt Relief Before 2018

German Finance Minister Wolfgang Schaeuble says that discussion for Greek debt relief can only take place after 2018, despite his optimism that an agreement...

Greece Needs €100 Bln Debt Relief to Come Out of Perpetual Recession

Greece needs a generous 100-billion-euro debt haircut in order to be able to come out of a perpetual financial slump, says a Telegraph report. An...

IMF’s Christine Lagarde: ‘Greek Plan Not Viable Without Debt Haircut’

The IMF is willing to participate in the next Greek bailout program, provided that the Eurozone allows a debt haircut or restructuring, so that...

When Greece Wrote Off German Debt in 1953 and How Germany Wants to Forget...

Greece's finance minister Constantinos Karamanlis signs the agreement for the German debt write off Germany could show some good behavior and write off a part...

Greek FinMin: ‘Troika’s Methods Resemble CIA’s Waterboarding’

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der...

Greek FinMin: Public Debt Will Become Sustainable

The Greek public debt will become sustainable, said Finance Minister Yanis Varoufakis after comments that followed his interview with the Financial Times, where he said...

Germany Calls the Suggestion of Greek Debt Cut ‘Divorced from Reality’

Germany has rejected any suggestion that Greece should be forgiven part or all of the debt to international lenders. A spokesman for Germany's finance ministry...

BBC’s Instructive and Entertaining Video on Greece’s Plans for State Debt Haircut [Video]

BBC reporter Mark Lowen came to Greece and went to a Greek barbershop in Athens where he produced a video explaining in "layman's terms,"...

SYRIZA Economist: Greece Cannot Recover Without Debt Cut

Greece can never rebound without a generous debt haircut, said Yiannis Dragasakis, SYRIZA's chief economist. Speaking to Agence France-Presse ahead of Sunday's general elections Greece,...

EU: No Debt Haircut, Reforms Must be Implemented

The bailout program must continue with all reforms implemented and there will be no debt writeoff, said Greece's European partners ahead of the crucial...

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