Greek debt

Alexis Tsipras, the leader of the major opposition Coalition of the Radical Left (SYRIZA) party that is battling for the lead in polls with the New Democracy Conservatives of Prime Minister Antonis Samaras, told the New York Times that...

Greece sold 4.38 billion euros ($5.67 billion) of one- and six-month treasury bills on Dec. 11 to roll over maturing issues that come due Dec. 14, its debt agency (PDMA) said. Some 2.762 billion euros of one-month T-bills priced...

After initially saying it had secured enough participation, Greece has extended the deadline for a buy back of its bonds in a bid to reduce its staggering debt  to Dec. 11, in a last attempt to try to get...

The management of Greece's leading banks will decide Friday whether to participate in an ambitious plan by the government to buy back billions of euros worth of outstanding bonds in an effort to cut Greece's growing debt burden, people...

Greek pension funds will not take part in a debt buy-back that is a key part of the country's international bailout, Greek Prime Minister Antonis Samaras said in a newspaper interview. "The debt buy-back does not concern the pension funds,"...

The euro zone is hoping Greece will be able to repurchase at least 40 billion euros of its own bonds in a buyback operation with private investors, two euro zone officials said on Friday. Euro zone finance ministers expect Athens...

Nikos Chountis, a Member of the European Parliament for the major opposition SYRIZA party, questioned Olli Rehn, the European Commissioner in charge of monetary affairs, about the conditions surrounding the Eurozone's agreement to release $56.7 billion in new bailout...

Greece΄s debt remains unsustainable despite short-term relief from this week΄s deal with major creditors, and Athens will probably need some of the principal on its debts reduced eventually, Moody΄s Investors Service said Thursday. Tuesday΄s deal with euro-zone finance ministers and...

Swedish Finance Minister Anders Borg said on Nov. 27 that he was positive on a deal reached on debt relief for Greece but that further talks on loans might be needed already next May. "Most probably, we are back to...

The International Monetary Fund wants euro zone finance ministers to agree to cut Greece's debt by 20% of GDP now (equal to €40 billion) and commit to further cuts later in order to put the country’s debt in a...