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Tension High within Eurogroup as Greece Requires More Aid
A special Eurogroup meeting scheduled for tomorrow will feature Finance Ministers from the euro-zone. They will discuss the tense situation concerning modalities, timeline and...
ND Leader Samaras Strongly Disagrees with EC-ECB-IMF Memorandum
On Tuesday, main opposition New Democracy leader Antonis Samaras again rejected government overtures for his party's consensus for the eagerly expected and new batch...
New Democracy Leader Samaras States Party Supports Beneficial Measures
Main opposition New Democracy (ND) leader Antonis Samaras reiterated that his party will back measures that are beneficial for the country, but will not support...
Eurogroup Urges Greece to Speed Up Structural Reforms & Privatization Program
The Eurogroup urged Greece to speed up structural reforms and its privatizations program, and also called for opposition parties' consensus on the Greek economic...
Europe Plays With Time On Greek Debt Problem
A decision on whether Greece needs a second financial bailout will be made "a few weeks," according to European Union Economic Affairs Commissioner Olli...
Eurogroup To Determine The Schedule Of Decisions On Greek Problem
Eurogroup meets next Monday to address the ineffectual effects of internal devaluation in Greece, through the revision of the Memorandum of Understanding that was...
EU Commissioner: No Restructuring of Greek Debt
Olli Rehn revealed on Wednesday that the European Union is trying to implement a comprehensive plan to contain the sovereign debt crisis.
Europe needs to...
Tough Negotiations on Extension of EU Loan Repayment in Athens & Brussels
The Greek government is planning a four-day round of tough negotiations in Brussels and Athens for extending the repayment the EU loan.
Officials from the...
Hellenic Enterprises President to Offer Memorandum Proposals
"We are looking bankruptcy in the eye. We are at a crucial turning point of an effort to save the country and a revision...
Greek Fin Min: No Comment On Austria's Warnings On Aid
Greek Finance Minister George Papaconstantinou refused to comment Tuesday on reports that Austria might withhold its contribution to the country's E110 billion aid deal.
"I...