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Stournaras Wants Troika to Cut Greek Debt

While many analysts contend that Greece won't turn the corner for years, Finance Minister Yannis Stournaeas, the country's champion cheerleader, said Athens will press...

Lagarde Says EU Must Cut Greek Debt

Greek Prime Minister Antonis Samaras' hope that international lenders will yet agree to cut Greece's debt even if it makes them take losses is...

Yet Again, Merkel Rules out a Greek Debt "Haircut"

Speaking to German media, Chancellor Angela Merkel, once more, ruled-out a haircut of the Greek debt. She said that under no circumstances could there be...

German FinMin: No Greek Debt Cut at Present Time

"At the present time, Germany will not accept any Greek debt reduction," said a spokesperson for German Finance Minister Wolfgang Schaeuble, speaking to Bild. The...

IMF's Lagarde: Greek Debt Doesn't Need a 'Haircut'

The International Monetary Fund's Christine Lagarde, maintains her position that the Greek debt does not need a haircut but instead requires low interest with...

IMF Report: Greek Debt Unsustainable, Reforms and Tax Cuts Needed

The Greek debt is unsustainable in the long-term and further fiscal measures are needed, despite progress and sacrifices made, the International Monetary Fund said...

ESM Proposal for Greek Debt Cut in the Long Term

The European Stability Mechanism proposes three sets of complementary measures to ease the Greek debt in the long term, according to Reuters. Reuters has seen...