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Michael Vassiliadis Named President of European Mine, Chemical & Energy Worker’s Federation

Michael Vassiliadis, president of the German Chemistry Trade Union IG-BCE, was designated president of the European Mine, Chemical and Energy Worker’s Federation (EMCEF). Michael...

German Advisor Feld: Greece can't avoid debt restructuring

Greek 10-year bond yields fell to a new record low on Tuesday, while the spread between the Greek bond and the Greek benchmark bonds...

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...

European Socialist Parties Meet in Athens

Europe's socialists on Saturday proposed a counter plan to a Franco-German competitiveness pact, that aims to strengthen the eurozone while ensuring economic recovery. "We have...

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...