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Why There Can Be No Winners in the Grexit Game

The problem with all this uncertainty is that the various players in the Grexit game fail to understand the serious consequences of not reaching a rational deal.

Greece Asks for 9-Month Extension of Loan Agreement

The Greek government is requesting a nine-month extension of the current loan agreement to ensure the funding of Greece's economy, government sources in Brussels said...

Austria has Earned More than €100 Mln in Interest from Greek Bailout

Austria has received 101.73 million euros in interest on loans given to Greece under the first Greek bailout program, according to figures released...

German Newspaper Claims IMF Is Preparing for a Grexit

The International Monetary Fund (IMF) estimates that Greece’s exit from the Eurozone would be “manageable,” although in such a case several measures would have...

Varoufakis: An Agreement Will Be Achieved and the Situation Will Stabilize

Resolving the non-performing loan problem of Greek banks will require Europe's intervention, Greek Finance Minister Yanis Varoufakis said on Tuesday at a banking forum...

EFSF Chief Regling: Greece Has Yet to Submit a Comprehensive Reform List

The Chief Executive Officer of the European Financial Stability Facility (EFSF) Klaus Regling said the Greek government has not yet submitted a comprehensive list...

New Democracy Tables Separate Examination Committee Proposal for 1981-2015 Period

The Greek Parliament voted the SYRIZA-led government's proposal for an examination committee looking into the circumstances surrounding the signing of the country's two memoranda with its...

Bank of America: What Would Happen if Greece Doesn’t Pay IMF Installment

If Greece doesn't pay the upcoming International Monetary Fund installment of 458 million euros due on April 9, a chain of unpleasant events will follow, says...

Greek Gov’t Explains Why Loan Agreement Extension Won’t Pass in Parliament

The Greek government on Thursday presented to Parliament the document on the reasons why the extension of the loan agreement between Greece and the...

Euro Working Group: 1.2 Bln Euros from EFSF Frozen

The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had...

Eurogroup Asks EFSF to Assist Greece’s 1.2-Billion-Euro Claim

Eurogroup President Jeroen Dijsselbloem has requested from the Euro Working Group and the European Financial Stability Facility (EFSF) to examine Greece’s request for a...

EWG Emergency Teleconference Tomorrow to Discuss Greek Reform Proposals

A few minutes ago, Greek government sources have confirmed leaked information regarding a possible Euro Working Group (EWG) emergency teleconference to be held tomorrow,...

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