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Dijsselbloem: Agreement on Final Package to be Reached Soon

"I hope the procedures to have been completed before the end of May," said Eurogroup chief Jeroen Dijsselbloem addressing on Thursday the European Parliament...

IMF Asks for Lower Income Tax Threshold for Greece

According to sources, Thursday Eurogroup Chief Jeroen Dijsselbloem called Athens to pledge its commitments to allow the participation of the IMF in Greece's bailout...

Dijsselbloem: Next Eurogroup to Discuss Short-Term Debt Measures

Eurogroup Chief Jeroen Dijsselbloem said that relations between Greece and its creditors were more constructive than ever before. Speaking at a UBS conference in...

Greek Pensions and Labor Market Reforms to Be Discussed in 2nd Review Program

Measures concerning both the pension system and labor market reforms are expected to be the focus of talks during the second review of Greece's...

Watch Eurogroup Meeting Conclusions at Press Conference [Live Streaming]

The Eurogroup meeting on Greece's bailout is currently taking place. It is hoped that Greece's creditors will approve the country's reform efforts following a...

Eurozone Chief Sees 3d Greek Bailout

Reinforcing growing sentiment that disputes the Greek government's assertion it's on the road to recovery, Eurozone chief Jeroen Dijsselbloem told the European Parliament that...

Greece and Cyprus Leave Eurozone, Adopt Dralira

Saying they would no longer put up with being told what to do and to keep imposing pay cuts, tax hikes, slashed pensions and...

While Anastasiades Fiddled, Money Fled Cyprus

Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were...

Cyprus Runs Up The White Flag To Bankers

On Feb. 25, conservative lawyer Nicos Anastasiades, promising Cypriots he would never allow foreign entities to steal money out of their bank accounts to...

Cyprus OK’s Partial Bailout Plan

With the clock running fast toward a possible bank collapse and default unless they came up with a plan to raise 5.8 billion euros...

Cyprus’ Fate Hangs In The Balance

Cyprus' hopes of finding a way to come up with 5.8 billion euros ($7.5 billion) to secure a 10 billion euros ($13 billion) international...

Cyprus Can Revise Savings Seizure Plan

With reports that new Cypriot President Nicos Anastasiades admitted he didn't have the votes to pass a confiscation tax of up to 9.9 percent...

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