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Greece Debt Free Donates 2M Euros

Greece Debt Free, a website set up with the intention of getting contributions to wipe out Greece's $390 billion debt and pay for years...

Greek Bond Costs Lower As Crisis Eases

Interest rates for Greece to borrow in 10-year bonds have come down to under 10 percent, showing investors are less anxious about the prospect...

IMF: Implementation is Key for Greek Payment to Go Through

The main challenge for a disbursement under a Greek bailout package is the implementation of measures agreed to by Greece and finance ministers of...

EU Gives Temporary Okay for Recapitalization of Banks

The EU Commission gave its temporary green light to the recapitalization of the main Greek banks - Alpha Bank, EFG Eurobank, Piaeus Bank and...

ECB Suspends Eligibility of Greek Bonds as Collateral

The European Central Bank said Friday it would suspend "for the time being" the eligibility of Greek sovereign bonds as collateral for its loans...

Cyprus: Possibility to Turn to EFSF “Serious”, Says Government

There is a serious possibility the Cyprus government might have to turn to the European Financial Stability Facility (EFSF) in order to get support...

20.2 bln Euros of Foreign Law, SOE Bonds to be Included in Swap Deal

Greece said Thursday a further EUR20.2 billion of Greek government bonds will be swapped over as part of its debt restructuring plan and that...

Greek CDS Auction Initial Market Midpoint Set at 21.75

The first phase of an auction to settle credit default contracts underwritten on Greek sovereign debt determined an Initial Market Midpoint of 21.75, Creditex,...

Papandreou Meeting EU’s Barroso In Brussels Saturday Evening -PM Office

Prime Minister George Papandreou is scheduled to meet European Commission President Jose Manuel Barroso later Saturday ahead of an E.U. leaders summit Sunday, a...

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