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Greeks Consume 40% Less than Euro Zone Average

Consumer spending in Greece has declined by 36 billion euros in seven years, with  the annual nominal consumer spending per capita in Greece being...

IMF Chief: Greek PM Tsipras Wanted to Change the Euro Zone Rules

Greek Prime Minister Alexis Tsipras wanted to change the euro zone rules because of his ideology but soon changed course, the International Monetary Fund...

Bavarian FinMin: Greece Will Not Last in Euro Zone

Greece will not last in the euro zone in the long run and Athens should prepare for such a possibility, Bavarian Finance Minister Markus...

German FinMin Says Greece Must Decide Whether it Wants to Stay in Euro Zone

Greece must decide whether it wants to remain in the euro zone, German Finance Minister Wolfgang Schaeuble said on Tuesday, according to Reuters. Schaeuble told...

European Commission: Euro Zone Stability Threatened if Greece-Creditors Talks Drag on

Greece and its creditors must quickly finish with the bailout program review, otherwise euro zone stability is at risk, said European Commission Vice President...

Euro Zone, IMF Agree on Common Stance Towards Greece

European institutions and the International Monetary Fund have agreed between themselves to present a common stance towards Greece in talks on the bailout program...

German FinMin: Greece Must Implement Reforms or Leave Euro Zone

German Finance Minister Wolfgang Schaeuble on Wednesday brought back the Grexit issue by saying that unless Greece implements reforms it cannot stay in the...