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EU

IMF Says Greece Can Wait For Loans

Despite a continued delay in the release of a one billion euro ($1.37 billion) installment from international lenders, Greece has enough liquidity to wait for the money to be disbursed, the International Monetary Fund's spokesman said. “The timing of the...

Merkel Praises Samaras Yet Again

As she has repeatedly - as he continues to follow her insistence on austerity measures in return for her country's backing of critical rescue loans as part of a package from international lenders - German Chancellor Angela Merkel said...

Greece Sees End of Recession in 2014

Six years into a deep recession and with the economy still shrinking, and 3 1/2 years after $325 billion in international bailouts, Greece should - maybe - begin to see growth again in 2014, Deputy Finance Minister Christos Staikouras...

4 of 10 Greeks Borrow Money to Pay Bills

The tough reality that hundreds of Greek households have to face due to the Greek Economic Crisis is depicted in a survey that was carried out by Trendbox, a Dutch independent research company. In this survey we can see...

Eurostat: Greece 3rd Lowest EU Birth Rate

Population in Greece has dropped by 5.5%, while the EU's population has increased by an average of 2.2% according to the demographic data of 2012 that were released today by Eurostat. More specifically, the population has increased in 17 member...

Pangalos Tells Greeks: Flee if SYRIZA Wins

Outspoken former Greek Deputy Prime Minister Theodoras Pangalos, who served in a PASOK Socialist government from 2009-12 before retiring after his party took a beating in last year's elections, said if the major opposition party Coalition of the Radical...

Big Week Looms for Greece

Greek Prime Minister Antonis Samaras' coalition government, which has only a four-vote majority in the 300-member Parliament, faces a tough week including renegotiations with its international lenders over delayed reforms and a looming budget gap before it's submitted to...

Troubled Troika Talks Pushed Back

Greek Finance Minister Yannis Stournaras' planned resumption of negotiations with the country's international lenders, set for Sunday morning, Nov. 17 - the anniversary commemorating the beginning of the end for the ruling military junta in 1974 - have been...

Greece, Troika Back To The Table

The on-again, off-again talks between Greece and its international lenders to reach an agreement over implementing more reforms and filling a budget hole of as much as 2.9 billion euros ($3.87 billion) are now set to resume again on...

SYRIZA Would Block EU Funding

If he's ever elected, major opposition Coalition of the Radical Left (SYRIZ) leader Alexis Tsipras said he would veto any European Union decision requiring unanimity to make the country's international lenders better the terms of their bailout deals -...