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ECB’s Draghi: IMF’s Participation in the Greek Program Is ‘Highly Desirable’

The participation of the International Monetary Fund (IMF) in Greece’s economic program is “highly desirable” as the organization has the expertise to assist in...

Greek Public Debt Rises to 312.8 Bln Euros in Late June

Greece’s central government debt rose by 100 million euros to 312.8 billion euros at the end of June this year, compared to 312.7 billion...

Greece in Need of 6.55 Billion Euros by June

Greece's need to serve its public debt are detailed in a document issued by the Public Debt Management Agency (PDMA), which was submitted earlier...

Greek FinMin: ‘Troika’s Methods Resemble CIA’s Waterboarding’

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der...

Former Greek PM Simitis: Austerity Policies of the North Led to the European Crisis

His opinion that Europe has lost the necessary balance between the markets and state institutions expressed Former Greek Prime Minister Costas Simitis in an article...

German Economist: 50% of the Greek Debt Should be Written Off

“We should probably reduce Greece’s public debt to half, which means 120 billion euros should be written off. This is what the German chief...

ELSTAT: How Much Does Greece Really Owe?

Greece's GDP shrank by 40 billion euros between 2010 and 2013 to 182 billion euros, and public debt amounted to 175% of that figure, or 318.7 billion...

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