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European Stability Mechanism Approves Athens' Request for Early Repayment of IMF Loans
The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece's outstanding loans to the International Monetary Fund (IMF).
At the same...
EU Warns Greece It May Lose €750 Million in Funds
The European Commission reportedly warned Greece today that it risks losing €750 million in funds if it fails to complete a raft of reforms...
Parthenon Marbles Returning to Greece? UN Supports Greek Resolution
Following the discussion of a draft resolution brought to the United Nation's General Assembly by Greece, the body adopted without a vote a resolution...
Rescue Fund Chief Warns Greece to Stick to Reforms
The Greek government should remain focused on implementing the prescribed reforms to regain investors’ trust and return successfully to the markets, the head of...
Europe Asks Turkey to Respect International Law; Return Greek Soldiers
European leaders ask Turkey to comply with international laws and EU standards if the country wants to continue on a path that might lead...
Britain Freezes Tution Fees for British and European Undergraduates
British Prime Minister Teresa May has announced the freezing of university tuition fees for British and European undergraduate students at today's levels.
The British prime...
Greece's Return to the Markets 'May be Imminent', Reuters Says
Greece could return to financial markets in the next few weeks, investors and bankers close to the discussions told Reuters.
Greek finance minister Euclid Tsakalotos...
Greek PM Tsipras: Greece Will Return to Bond Markets Soon
Greece will be able to return to the bond markets very soon, and with the creditors' aid, Prime Minister Alexis Tsipras told his cabinet...
Report Says Greece Will Return to Markets When Borrowing Costs Fall Below 5%
Greece will return to markets when its borrowing costs fall below 5 percent, a recent Reuters report says. This may happen if Greek bonds...
IMF's Poul Thomsen: It Will be Several Years Before Greece Returns to Pre-Crisis Levels
"It will take many years and additional reforms, which are not currently on the negotiating table, until Greece returns to pre-crisis levels," said Poul...