Greek bailout

Greece and its international creditors are tempting fate by repeatedly testing deadlines over deals to extend the Greek bailout program, U.S. Treasury Secretary Jack Lew said in an interview to Yahoo Finance editor-in-chief Andy Serwer on Friday. “The risk of an accident goes up the...

Saturday will be a crucial day not just for Greece but for Europe as well, European Commission President Jean-Claude Juncker said on Friday during a joint press conference with European Council President Donald Tusk, following the summit meeting in...

German Finance Minister Wolfgang Schaeuble is dismissing the most recent Greek proposals for more bailout money. Schaeuble said today that Greece's proposed conditions “are only increasing taxes, only increasing contributions. Schaeuble implied time is short: “The 30th of June is the...

This week the Greek government sent its new proposals for austerity to Brussels. We asked a financial analyst and investment advisor to tell us his thoughts on the new Greek package that is now being discussed in Brussels as a basis...

Greece knows it. The EU knows it. Hell, we all know it wouldn’t work. This extend-and-pretend strategy of unending bailouts. No matter what emerges over the weekend or at Monday’s emergency summit in Brussels, Greece and Europe have reached the...

By Costas Milas, University of Liverpool As the current standoff between Greece and its international creditors reaches a climax, the prospects that the country will default on its debts and possibly leave from the eurozone draw closer. This has taken many...

How a unilateral Greek default and Grexit would affect politics, policy, and the citizens' psychology elsewhere in Europe.

European Commission President Jean-Claude Juncker expressed his anger toward the Greek government on Tuesday, accusing it of misstating his proposals on the ongoing debt negotiations in an effort to mislead Greek voters. "I don't care about the Greek government, I do care about the Greek...

A new summit of EU leaders will be held next Friday if Greece and its international creditors do not reach an agreement during the Thursday Eurogroup. According to German newspaper Süddeutsche Zeitung, there will be no solution on Greece, once again, in the new...

Although Germans remain persistent regarding Greek reforms on taxes, state asset sales and retirement benefits, German Chancellor Angela Merkel appears to be more flexible in unlocking further financial aid to Greece if the country decides to initiate at least one major overhaul, two...