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Teleconference between Papandreou & Clinton Concerning Egypt
Prime Minister Giorgos Papandreou had a teleconference on Sunday night with Exterior U.S. Minister Hilary Clinton, regarding developments in Egypt. The Minister called the...
Greece Gets EUR15bn Aid, Must Implement EUR50bn Privatization Program
EU/IMF/ECB officials pinpointed both progress and delay in the implementing of the fiscal program that Greece follows, while they said that the country must...
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”...
Goldman Sachs: Greek Bondholders Unlikely to Get Paid Back in Full
Goldman Sachs said that Greek bondholders are unlikely to get all their money back on schedule unless borrowing costs fall, according to Bloomberg.
Andrew Wilson,...
Financial Times Claimes Investors & Markets Expect Greek Debt Restructuring
The German issue of The Financial Times noted that investors and financial markets expect Greek debt restructuring. Christian Kirchner stated in a Financial Times article:...
Turkish Court Releases Would-be Assassin of Patriarch Bartholomew
The would-be assassin of Ecumenical Patriarch Bartholomew Ismet Recber, was discharged from prison. After the first hearing Wednesday, Ismet Recber was released pending the...
Greece's IMF Rep. Claims Extension of Repayment Period Approved
Greece's representative to the International Monetary Fund (IMF), Panagiotis Roumeliotis, on Friday was quoted. He stated that the Washington D.C based institution has essentially...
Italian Ex-Minister & Greek Adviser Padoa – Schioppa Passes
Italy's former Economy Minister Tommaso Padoa-Schioppa, a founding father of the euro who had been acting as an adviser to the Greek government, has...
IMF Says Greek Program Doing Well, Approves New Loan Payment – Interview with Poul Thomsen
The International Monetary Fund Friday approved release of around EUR2.5 billion for the Greek bailout after the country passed its third program review.
But the...
Financial Times Offers In-Depth Analysis of Greece’s Financial Status
Greece’s current financial situation is the main subject of a long and in depth analysis, published today by London’s Financial Times.
The report suggests that...


