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New Book Reveals How Grexit Was About to Become Reality in 2015

A new book published on Thursday about the history of the European Stability Mechanism (ESM) reveals new details of how Greece's exit from the...

Eurogroup to Discuss Greek Economy After National Elections

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to...

Despite Financial Crisis, Greece Still Better Off In the Eurozone

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen...

Officials Warn Greece Might Not Get EU Cash After Reform Delay

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the...

Cost of Labor Increased By 2.2 Percent in Euro-Area, Data Reveals

The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat. This didn’t...

Greece’s Budget Primary Surplus €605 Million Higher Than Same Period Last Year

Greece’s state budget primary surplus was €605 million ($702 million) higher during the first seven months of 2018 compared to the same period last...

EU’s Juncker: ‘I am Proud We Stood Up for Greece’

European Commission President Jean-Claude Juncker has told an economic forum in Brussels that Greece will soon leave its bailout program. Juncker was speaking at the...

Yanis Varoufakis Warns Euro Will Fail and Will Bring EU Down With it

Appearing on the TV program BBC This Week, former Greek finance minister Yanis Varoufakis launched a savage attack on the EU, claiming it is...

Greece Gets a Deal: Full Eurogroup Statement

The Greek government managed to get a deal with its creditors at Thursday's Eurogroup and unlock the next vital cash tranche of its bailout...

Greece Strikes Bittersweet Deal With Creditors Hoping for Debt Relief

The Greek government has reached an initial deal with the country's international lenders from Europe and the International Monetary Fund regarding the second review of...

German FinMin: Greece Must Implement Reforms or Leave Euro Zone

German Finance Minister Wolfgang Schaeuble on Wednesday brought back the Grexit issue by saying that unless Greece implements reforms it cannot stay in the...

Poll: Greeks Lose Faith in the Euro Currency Bloc

A new opinion poll conducted by ALCO on behalf of Zero magazine shows that Greeks are losing faith in the euro zone and question...

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