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Success of Greek Program Jeopardized Due to Delays in Evaluation

The success of Greece’s economic reform program is in jeopardy due to the delays in its first review, for which the International Monetary Fund...

ND Spokesman Slams PM About Refugee Issue, Economy and Negotiations

Main opposition New Democracy (ND) spokesman Giorgos Koumoutsakos on Thursday sternly attacked the government at his opening address during a press briefing. "The country touches...

Tobacco Smuggling: Smoking the Taxes Away

More than 33 million packs of illicit cigarettes have been confiscated in the Greek and Cypriot customs at the end of January by the...

Greek Church On the Verge of Bankruptcy

With its income reduced dramatically and huge amounts of money lost in stocks and assets, Greece's Church might be soon faced with bankruptcy. Many...

Pessimism at Athens Stock Exchange As Troika Reviews Greek Bailout Program

The Athens stock market experienced losses following the first meeting between Greek government officials and the country’s creditors, especially since there were no news...

Greece Needs Additional Austerity Measures and Reforms to Get Debt Relief, Says ESM Managing...

While the voices calling for the “haircut” on the Greek debt are growing ever stronger, European Union (EU) officials remain steadfast, sticking to their...

Tsipras Seeks Clarifications from Lagarde at Davos for WEF

Greek prime Minister hopes to make some good use of his visit at Davos for the Annual World Economic Forum by advancing Greece’s case...

Overdue Debts to Private Sector Still Out of Budget

The payoff of overdue debts to businesses and pensioners is still out of the budget. Up until the end of September the debts have...

European Central Bank: “Greece Still in Jeopardy of Defaulting”

The European Central Bank (ECB) noted that even though after July Greece's expectations to default diminished, the stakes are still high due to concerns...

Yanis Varoufakis’ Historic Speech at the Last Eurogroup: As It Happened

Greece's Finance Minister Yanis Varoufakis chronicles the dramatic events that took place during the last Eurogroup meeting, right before his counterparts decided to meet...
Greek Debt

Could Greece’s Debt and Bailout Plan Be Illegal?

By Belén Olmos Giupponi*, University of Stirling As Greece and its international creditors race to agree on a bailout deal, the issue of the legality of...

Lifestyles of the Rich & Marxist: Varoufakis Style

If Greek Finance Minister Yanis Varoufakis were an investment banker, say from Deustche Bank or HSBC, or even Chancellor of the Exchequer, Twitter would...

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