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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...

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...

German Fin Min: No Need for Greek Debt Haircut

German Finance Minister Wolfgang Schaeuble said that there is no need for a Greek debt haircut at present and expressed optimism that Athens and...

Greek ‘Haircut’ is a Matter of Time, Says Head of German Institute

A “haircut” to Greece’s debt is unavoidable because it is not sustainable, Dr. Marcel Fratzscher, the President of the German Institute for Economic Research (DIW)...

NBG Head Katselli Rules Out Deposits Haircut and Banks Recapitalization

Hellenic Bank Association president and National Bank's chief Luca Katseli said in an interview with Kathimerini newspaper, on Sunday, that the possibility of a deposits haircut...

European Stability Mechanism Rules Out Greek Debt Haircut

President of the European Stability Mechanism (ESM) Klaus Regling ruled out a haircut for Greece's state debt on Tuesday. Instead, he said the European...

EU's Costello: Greek Bank Deposits No Longer at Risk of 'Haircut'

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during...

ESM Chief Warns that Greek Debt Haircut Won't Happen

European Stability Mechanism chief Klaus Regling dealt another blow to the Greek government's hopes for a debt haircut, noting in an interview published on...

ECB Cannot Pressure Greek Banks for a Savings Haircut

The European Central Bank cannot pressure Greek banks into freezing deposits and bonds in order to implement haircuts as part of the recapitalization process...