Joerg Asmussen

Antonis Samaras, the Greek Prime Minister, was in Brussels yesterday to plead for solidarity from the European countries. Right now, Greece still faces the possibility of new austerity measures and a third bailout. The Prime Minister was invited to...

German newspaper Die Zeit has cited an article claiming that Deputy Prime Minister Evangelos Venizelos asked European Central Bank executive board member Joerg Asmussen to “reorganize” figures in order for Greece’s fiscal gap for 2015 and 2016 to appear...

European Central Bank (ECB) Executive Board member Joerg Asmussen will visit Athens today for bilateral meetings with Greek policy makers and representatives of society and the business community to discuss the Greek adjustment programme and wider euro area developments,...

Cyprus, whose banks were pushed to the edge of default by their exposure to heavily devalued Greek bonds, will get a 10 billion euros ($13 billion) bailout from international lenders, but bank depositors will lose up to nearly 10...

Just as the Greek government has declared the country's recession, now in its sixth year, will recover by the end of the year, thanks to international bailouts and harsh austerity measures, comes a warning that the crushing economic crisis...

Cyprus, awaiting big international bailouts as for its banks to be saved after suffering huge losses when the Greek government imposed big hits on holders of Greek bonds, is not a hub for money laundering, Finance Minister Vassos Shiarly...

The Greek economy is likely to start growing again in 2014, a top European Central Bank official said in a newspaper interview released Friday. "Greece will probably be able to show economic growth again in 2014," ECB executive board member...

Greece will need yet more international financial assistance beyond the agreed bailout programs through 2014, a European Central Bank board member said Sunday. The government in Athens probably won't be able to return to finance its debt on financial markets...

A senior European Central Bank official is insisting that the bank can't help Greece by agreeing to roll over the government bonds it holds or accept lower interest rates. Prime Minister Antonis Samaras, who wants more time to enact reforms...

A top European Central Bank official says that Greece must fulfill its austerity and reform targets "100 percent" to stay in the euro and is questioning whether Athens can be given more time.  Greece's new government wants to lower...