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ESM: Third Greek Bailout Likely to Be Smaller Than Planned

Greece’s third bailout loan from the Eurozone might ultimately be less than originally estimated. The European Central Bank announced the official Greek banks’ stress...

Greece’s History of Loans Since 1824

Greece has been in the center of international attention since 2008 due to the financial crisis that broke in the country. However, this is...

EU Experts to Review Greek Loan Request

Greece’s request for a loan from the European Stability Mechanism (ESM) is currently being reviewed by Eurozone technical experts in the Euro Working Group,...

Greece Pays 2nd Part of IMF Loan Due in March

Greece on Friday paid 348 million euros for the repayment of the second part of the loan to the International Monetary Fund (IMF) that...

EFSF Clears 1 Billion Euros Loan Tranche to Greece

The Board of Directors of the European Financial Stability Facility (EFSF) approved on Wednesday the disbursement of a 1 billion euros loan tranche to Greece,...

EU Mulls 50-Year Greek Loan Repayments

The latest scheme to save the Greek economy include an idea that may include extending the maturity on rescue loans to 50 years and...

Bild: Germany Eyes “Bundled” Loan Payment to Greece

Germany wants to bundle three tranches of aid to Greece into one payment of more than 44 billion euros, German newspaper Bild said on...

IMF: Greek Loan Talks Stuck

Greece's negotiations with international lenders for desperately needed rescue funds are stuck some two weeks before bankruptcy looms, the IMF says. The International Monetary Fund...

Christine Lagarde Proposes 28 billion Euros Greek Loan For 4 Years

The International Monetary Fund next week will consider making a loan worth 28 billion euros  to Greece over a four year period, as part...

Eurozone Ministers OK Euro 8 Billion Greek Loan‎

The finance ministers averted an imminent disaster in Greece, approving the next installment of the country's bailout loan — euro8 billion. Without that money,...

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