IMF

While Greek Prime Minister Antonis Samaras is working toward trying to make the economy recover in the face of daunting odds, the international financial comglomerate Citi, which includes Citibank, said it believes he won't make it and that the...

With pessimism and gloom settling over Greece with another pending $14.6 billion in government spending cuts and more austerity measures looming, Finance Minister Yiannis Stournas said he believes that the country will survive and its economy come back. Speaking to...

Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has dismissed hopes that Greece would get  two-year extension to meet reduce its deficit and impose more austerity on orders of international lenders as a failed scheme he said would...

Again pleading for more time to lower Greece’s deficit and make more deep spending cuts on orders of international lenders, Greek Prime Minister Antonis Samaras repeated his warning that the alternative – Greece being forced out of the Eurozone,...

Greek Prime Minister Antonis Samaras’ hopes that Greece will get an additional two years to make spending cuts and reduce its deficit got support from Austrian Finance Minister Maria Fekter, whose country is one of the 17 in the...

Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, who has been mostly silent for months while the uneasy coalition of Prime Minister Antonis Samaras has been preparing $14.6 billion in budget cuts aimed primarily at the poor, workers...

Looking everywhere for cash, a frantic Greek government is reportedly ready to scrap the tax-free threshold of 5,000 euros, or $6,561 a year and make the desperately poor pay taxes for the first time. The level had been reduced to...

Greece may get more time to reduce its deficit and impose more harsh austerity measures – but not more money – International Monetary Fund chief Christine Lagarde said after a meeting of EU finance ministers in Cyprus. Prime Minister Antonis...

Greece will need a third arranged bailout with its international lenders after falling far short of its austerity programme targets, an IMF official told the Wall Street Journal in an interview published by Dow Jones Newswires. The Euro fell sharply...

With international lenders turning the screws on Greece - including extending working hours to 78 hours a week and raising the retirement age to 67 - Prime Minister Antonis Samaras was unable to convince his reluctant coalition partners, PASOK...