debt

German Finance Minister Wolfgang Schaeuble made several statements on Wednesday regarding Greece's negotiations with the creditors as well as the sustainability of the country's debt. According to the German Minister, Greece must find alternatives if the country cannot deliver on...

The United States incited Europe to proceed with Greece's evaluation regarding the bailout program without any further delay and to keep their promise regarding the "trimming" of the country's debt. In a talk with Wolfgang Schäuble, US Finance Minister Jack...

Just when everyone thought that the Eurozone crisis was over and that Europe’s major concern was now the refugee crisis, a plan by the German Council of Economic Experts proposes that banks be bailed-in should losses occur from a...

The Athens Concert Hall, known locally as the “Megaron,” the foremost major arts center in the country, has come under state ownership after the government agreed to cover its bank debts to ensure its survival, it was announced on...

The payoff of overdue debts to businesses and pensioners is still out of the budget. Up until the end of September the debts have reached nearly 6 billion euros and are estimated to exceed 7 billion euros by the...

Greeks owe their own state 82.3 billion euros according to data provided General Secretariat of Public Revenue, Greek media report. According to the new figures provided by the Greek Finance Ministry, overdue payments to the Greek state increased by 832 million euros...

Taxpayers’ overdue debt to the Greek state grew significantly in September, by 1.469 billion euros, to total 8.392 billion euros so far this year, the Finance ministry said in a report. The report noted that taxpayers’ overdue debt surpassed 80...

Greece's Parliament president Zoi Konstantopoulou late Thursday released the preliminary report of the Debt Truth Committee and stated that "We have come to the conclusion that the debt is illegal, unlawful, odious, disgraceful and non sustainable. It is of...

PAOK FC owner Ivan Savvidis made an interbank transaction to repay the team's debt to the Greek state, putting an end to the nightmare that tormented the club for the last years. Meanwhile the relevant payment documents have already been presented...

After forming a 'truth' committee to investigate Greece's bailout agreements with its lenders and perform a public debt audit, parliament head Zoi Konstantopoulou released two videos saying 'Check it, Erase it,' referring to the country's accumulated debt. Zoi Konstantopoulou, the...