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French Finance Minister Calls For IMF To EASE Greek Lending Terms
French Finance Minister Christine Lagarde called on the International Monetary Fund to ease the terms of Greece’s bailout loan, following European Central Bank’s example,...
Bundesbank warns against Greek proposal
The German central bank also opposed the idea of the European Financial Stability Facility (EFSF) lending countries money at favourable interest rates to buy...
Sanctions better vs constitutional debt brake-ECB's Mersch
Automatic sanctions to discipline fiscal offenders in the euro zone are preferrable to setting constitutional debt brakes, ECB Governing Council member Yves Mersch (photo)...
Juncker Open to Greek Debt Buyback, Bailout Extension
Eurogroup President Jean-Claude Juncker said on Tuesday that the euro will survive and Greece will be among the survivors, according to Dow Jones Newswires.
He...
Greece in Talks with EU & IMF on Debt Restructuring Strategy
Greece is in talks with the European Union and the International Monetary Fund on a debt restructuring package, according to The Financial Times.
The scheme...
Greek MinFin: Bond Buyback Plan Under Discussion
The Greek Finance Minister said on Friday that a European initiative allowing the Greek government to buy back outstanding debt is being discussed, according...
Regling: Greece Does Not Need A Restructuring Of Debt
The head of the European Financial Stability Facility (EFSF), Klaus Regling, said that there is no need to increase the funding of the EFSF...
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...