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Pimco: Greece, Ireland & Portugal Should Leave Euro if Can't Pay Debts

Greece, Ireland and Portugal should leave Europe’s single currency area if they cannot cope with the burden of their debts.  The German daily Die...

Greek PM Fails To Gain Opposition Leaders’ Support

Greek Prime Minister George Papandreou had successive meetings with opposition leaders in his office on Tuesday, in an effort to gain their support for...

IMF Strauss-Khan: Greece At Crucial Reform Crossroads

The program for the consolidation of the Greek economy is at a crucial crossroads as a series of fundamental structural changes have to be...

Central Bank Governor Provopoulos Doesn't Want Debt Restructure

According to a statement by Greek Central Bank Governor George Provopoulos to Kathimerini newspaper, Greece doesn’t need to restructure its debt to reduce its deficit.  He...

Premier Wen States China Will Support Greece

China assured Greece it will buy Greek government bonds when the debt-laden country returns to markets, a senior Greek governemnt official told Reuters during...

Bloomberg Reports Greek Govt. Bonds Top Perfomers Last Quarter!

Greek government bonds were the top performers in Europe last quarter. Bloomberg reports that investors making money on Greek paper for the first time...

Greece Plans Selling Bonds to Greeks Abroad

The nation's Finance Minister stated yesterday that Greece plans to sell bonds to Greeks abroad as it eyes a return to international bond markets next...

PM Papandreou Determined to Solve Economic Crisis

Greek Prime Minister George Papandreou expressed on Friday his government's determination to step up structural reforms to solve the country's economic crisis.  He started...

George Papaconstantinou Remains Finance Minister in Government Reshuffle

George Papandreou retained Finance Minister George Papaconstantinou in the cabinet reshuffle announced early today but changed other key officials involved in the effort to...

EU, IMF Set to Approve The Second Tranche of Aid to Greece

The European Union and the International Monetary Fund are expected to give the green light on Tuesday and Friday respectively for the release of...