International Monetary Fund

President of the European Commission Jean-Claude Juncker is seeking alternatives to replace the troika of Greece's international creditors, a Handelsblatt report says. According to the German financial newspaper, the European Commission is looking to abolish the troika of representatives of the EC,...

The Greek Finance Minister, Υianis Varoufakis met with his French counterpart, Michel Sapin earlier today, while visiting Paris. In a joint press conference given by the two ministers, Mr. Sapin underlined that the two countries share common beliefs, including...

Greek Prime Minister Alexis Tsipras appeared ready to improve relations with the country’s creditors after a week stigmatized by selloff in bonds and stocks, caused by his pledge to end Greece’s bailout agreement. In an e-mailed statement issued earlier today, Tsipras...

European Union Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, talking with BBC’s "Hardtalk," expressed the Eurozone’s determination to “do everything” to prevent a Grexit. As he said, Greece belongs in the Eurozone and the single...

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's debt. In a letter to The Financial Times on January 26, the current Vice Chairman...

Quantitative easing, announced on Thursday by European Central Bank President Mario Draghi, is not going to be as influential in reducing Greece's borrowing cost as will an agreement between the government formed after Sunday's national elections and the Troika of...

Greek main opposition SYRIZA leader Alexis Tsipras, addressing a press conference earlier today, dismissed suggestions that Greece will have to complete its international bailout program review by the end of February, saying that a SYRIZA-led government would have until July to...

President of the European Central Bank, Mario Draghi, announced today the purchase of assets amounting to 60 billion euros per month, in order to stimulate growth and address the threat of deflation. He clarified, the purchases of government bonds...

To the Greek banking system ended up more than 90% of the bailout loans given to Greece, while less than 10% ended in those really in need; the people of Greece, Italian newspaper La Repubblica argued in a direct...

The speculation of a possible Grexit, which lately dominates the Greek public sphere, ruled out European Central Bank (ECB) executive board member Benoit Coeure in an interview with the Irish Times. Coeure characterized such scenarios as "unreasonable and unrealistic." When...