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Germany’s Feld Says Greece Should Extend Debt
Germany could agree to an extension of the repayment of European Union loans to Greece provided private creditors also agree to an extension, Lars...
Rogoff: Debt Restructuring Inescapable For Greece
Harvard University professor Kenneth Rogoff (photo) said on Wednesday that Greece and Ireland will need to restructure their debts, and Spain and Portugal may...
Papandreou Claims Greece May Need New Aid Package
Greece had a one year time sentence to return to the markets, otherwise it would need a new aid package from the IMF/EU/ECB-Troika....
EU Considers Greek Debt Buyback as ‘Reprofiling’
The European Union, European Central Bank and the International Monetary Fund are set to agree on a three-step plan that will help Greece “re-profile”...
Bloomberg Poll Predicts Greek Default
Most global investors predict that at least one nation will abandon the euro zone within five years and that Greece and Ireland will default,...
German Vice Chairman Wants Greece to Exit the EU
After Germany criticized Greece for its decision to place a border fence in Evros to keep out illegal immigrants, the nation now proposes that Greece...
New Gas Field Discovered Between Cyprus, Israel, Lebanon & Gaza Strip
Greek expert Helias Konofagos talked with Fileleftheros newspaper. He stated that Cyprus and Greece should make financial and technical planning concerning the gas fields situated in...
Greek Government Satisfied with Brussels Negotiations
The Greek government appears to be satisfied after negotiations that took place in Brussels concerning the Permanent Economic Policy Program. The Summit voted yes...
Eu Council President Van Rompuy: Leaders Agreed On Permanent Mechanism
The President of the European Council, Herman Van Rompuy, announced that European Union leaders agreed on the establishment of a future permanent mechanism to...
Greece Against Possible Suspension of EU Voting Rights
Greek Prime Minister George Papandreou on Friday spoke out strongly against Germany's idea of sanctions against serial budget sinners, saying it would trigger a...