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Read the Draft Eurogroup Statement Rejected by Greece
Eurozone Finance Ministers abruptly concluded the Eurogroup meeting without reaching to an agreement over a new Greek program. Earlier today, the newly elected...
FinMin Hardouvelis: Greece Might Need a Year of Limited EU/IMF Supervision
At a time when most cabinet members speak about the long-awaited exit from the bailout program, Greek Finance Minister Gikas Hardouvelis spread discomfiture to...
Regling: ECB Review Will Clarify Greece's Funding Needs
The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier...
EU Commissioner: Europe Supports Greece
European Union's willingness to continue support Greece in order to ensure reasonable financing conditions after the end of the current program, was expressed today...
Eurostat Fudged Greek Primary Surplus Figures
The European Union's statistics agency Eurostat has said it manipulated data to show that Greece has a primary surplus of 1.5 billion euros when...
IMF Says Greece Can Wait For Loans
Despite a continued delay in the release of a one billion euro ($1.37 billion) installment from international lenders, Greece has enough liquidity to wait...
Qatar's Emir Wants Greek Isle Palace
Qatar's Emir, who has a fondness for buying Greek islands, said he wants to build a palace on one of the six he owns...
Christofias Blames Banks for Bailout
President Demetris Christofias on Tuesday blamed "criminal" action by Greek-exposed banks for Cyprus having to accept painful bailout terms for EU aid.
In a move...
Cyprus Finance Minister Sees Economy Shrinking
Cyprus will remain in recession in 2012, its finance minister said on Monday, with economic output retreating by up to 1.5 percent in the...
Cyprus' "Limited" Capability to Help its Greek-Exposed Banks
Cyprus will support its Greek-exposed banks in recapitalizing but only after they have made exhaustive efforts of their own, Finance Minister Kikis Kazamias said...


