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Dijsselbloem: Greece’s Exit from the Memorandum Should be Cautious

"It is premature to talk about a Greek exit from the Memorandum, as we should first conclude the fifth review of its economic development...

ESM: EU, IMF “In No Mood” for Greek Debt Haircut

European Stability Mechanism (ESM) Managing Director Klaus Regling stated to Greek newspaper "Realnews" that Greece’s international lenders are “not in the mood” to consider a debt...

BoG Governor: Greece’s Recovery Not Sustainable Without New Loans

Greece's recovery is not sustainable without new loans, Bank of Greece (BoG) governor Yannis Stournaras said on Thursday. Speaking at a BoG event, Stournaras underlined...

ESM Approves €100 Million Disbursement to Cyprus

The Board of Directors of the European Stability Mechanism (ESM) approved on December 18 the disbursement of €100 million to Cyprus. This follows the approval...

Samaras Says Cash Running Out, Aid Needed Now

Greece will run out of money in mid-November and needs to receive a delayed $38.8 billion installment from its bailout package as soon as...

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