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Moscovici: Greece Can Legislate for Contingency ‘Mechanism’ Rather than Detailed Measures

The European Commission does not think that Greece needs to vote for specific contingency measures but for a mechanism outlining how such measures might...

German FinMin: Aid Program for Greece Is ‘An Opportunity’

German Finance Minister Wolfgang Schaeuble appeared cautiously optimistic about the aid program approved for Greece on Friday, describing it as "an opportunity" that must...

Greek FinMin: ‘We Hope this Deal Will Take Greece Forward’

The aid deal secured for Greece at the Eurogroup on Friday may lead the country forward as it is an opportunity to reform its...

IMF Chief: Agreement on Greece Is a ‘Very Important Step Forward,’ Debt Relief Needed

The aid program approved for Greece is a very important step forward, International Monetary Fund (IMF) Managing Director Christine Lagarde said in a statement on Friday,...

Eurogroup Approves 86-Billion-Euro Greek Bailout Deal: Full Statement

After months of deliberations, Greece secured long term financing from the Eurozone countries on Friday evening. The Eurogroup convened just a few hours after the...

Greek PM Tsipras Attacked by Opposition and His Own Party

Greek Prime Minister Alexis Tsipras received a lot of fire from the opposition and several of his own lawmakers on the harsh reforms required...

IMF Presses Europe to Ease Greece’s Debt

The International Monetary Fund (IMF) puts pressure on Europe to table a proposal for a Greek debt write-down as a condition for its participation in...

Greek Parliament Votes Bailout Deal After Tempestuous Marathon Session

The Greek Parliament voted on Friday morning the omnibus bill that could provide Greece with a three-year bailout program worth about 85 billion euros as...

Do Greeks Really Like to Say ‘No’ to Everything?

As Greece's brilliant 300 lawmakers cross swords --and humongous lies-- in parliament over the voting of the new bailout agreement draft, Greek media try to outdo...

Greek Govt To Present Its Own Growth Ideas in March 2016

Greece will submit its own growth plan to its partners in March 2016, according to Greek Finance Minister Euclid Tsakalotos' statements to parliament committees...

Finnish FinMin Finally Announces His Country’s Participation in Greek Loan Deal

"Today I got a mandate to approve the third package for Greece," Finnish Finance Minister Alexander Stubb told reporters on Thursday, revealing the Finnish government's intention...

German FinMin’s Hawkish Stance Toward Greece Continues

German Finance Ministry officials requested further clarification on the bailout draft agreement between Greece and its creditors, since there is "no clarity on the direction of...

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