debt haircut

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial support, a report by Frankfurter Allgemeine Zeitung says. This report comes after a comment made by...

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 a new "classic haircut" of Greek debt, similar to what happened with the PSI. "A debt...

German Finance Minister Wolfgang Schaeuble says that discussion for Greek debt relief can only take place after 2018, despite his optimism that an agreement between Greece and eurozone finance ministers will be reached at the Eurogroup meeting scheduled for...

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 analysis by the National Institute of Economic and Social Research (NIESR) says that the impact...

The IMF is willing to participate in the next Greek bailout program, provided that the Eurozone allows a debt haircut or restructuring, so that the debt becomes sustainable and the country can receive market financing, said the fund’s Managing...

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 of greek debt like Greece did for Germany in 1953. Prime Minister Alexis Tsipras' speech...

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der Spiegel" he attacked the Troika using harsh words and even went as far as comparing...

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 that Greece will not ask for a debt write-off but will seek to replace the debt with new bonds. Varoufakis...

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 told reporters on Friday that "the discussion about a debt cut or a debt conference...

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," what the new Greek coalition government essentially means by a "debt haircut." The result was a...