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Harvard Professor Says Greece Will Exit Eurozone

A plan to wipe out 50 percent of Greece’s debt to international lenders is not enough to keep the economy from collapsing and eventually...

Venizelos: No to Further Austerity Measures

''The presence of representatives from the Troika in Greece should be continued in order to avoid problems of communication''. Speaking to a press conference...

After the Haircut, What Next for Greece?

The signs are all there that investors have really given up on Greece: analysts no longer say “if” when[...]

Investors in Greece Will Lose a Bundle – Maybe Everything

BRUSSELS - Officials of the Eurozone, the 17 countries who use the euro as a currency, have confirmed that banks and investors in Greece...

Troika Shocking Report on Greek Debt: Full Text

The European Commission, European Central Bank and International Monetary Fund have reported on the sustainability of Greece's debt. Read the text of the report below: Greece:...

Eurozone Says Greece Will Get Next Loan Installment

After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]

Greece Needs 50 pct Haircut for Debt to Fall to 120 pct by End-2020...

Greek debt can be brought down to near 120 percent of gross domestic product by the end of 2020 if private investors forgive 50...

Troika Says Greek Debt Not Sustainable‎

A massive restructuring of Greek debt, that will mean a deeper cut for private-sector investors, looks a lot more likely after the so-called troika...

Venizelos Blasts Strikers, Says Tax Evaders Will Be Named

ATHENS - As growing numbers of public workers join the ranks of strikers protesting pay cuts,  tax hikes, and the layoff of 30,000 workers...

Schaeuble: Euro-Zone Members Confident Of Resolving Greece’s Woes

German Finance Minister Wolfgang Schaeuble said Saturday that euro-zone members were confident of resolving Greece's debt woes. He also said G-20 finance ministers and central...

Troika: Next Aid Tranche Probably Available In Early November

The sixth aid tranche would be released to Greece most likely in early November, said the Troika in a joint statement. Once the Eurogroup and...

Extension Of Mid-Term Fiscal Plan Brings Additional Ten billion Euros Measures

IMF/EU/ECB ask for additional measures of €4 billion for the period 2011-2015 besides measures of €6 billion already included in the draft budget of...

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