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Merkel: Greek Deal Pre-Condition Of Euro Summit

German Chancellor Angela Merkel said on Thursday that Eurozone members shouldn΄t hold an emergency summit until they were prepared to approve a deal to...

Speigel Magazine Article Fuels Fears that Greece Missed Fiscal Targets

While Euro zone policymakers argue over how to handle the mounting crisis, a new German report has fuelled fears that Greece may have missed fiscal targets set by...

Greece Will Continue Reforms, Downplays Arrest Of IMF Chief

Greece said Sunday it would continue implementing a joint European Union-International Monetary Fund reform program, saying that the arrest of IMF chief Dominique Strass-Kahn...

IMF: Greece Will Survive The Tough Austerity Measures

Greece will survive the tough austerity measures put in place in return for a bailout from the European Union and the International Monetary Fund,...

IMF/EU/ECB Extends Deadline For Political Decisions

IMF/EU/ECB have asked for further cost cutting in public enterprises, faster implementation of privatization program and more efficient measures against tax evasion, and expects...

Merkel: Greek debt can be discussed in wider package

German Chancellor Angela Merkel signaled that European Union leaders may be ready to renegotiate the terms of Greece’s bailout as part of a broader...

European economists Warn Greece May Have to Quit Euro

Greece's debts are rising rapidly despite radical austerity measures. Now a group of leading European economists has warned that creditors might have to write...

Greek FM Criticizes EU's Asset Sale Comments

Greek Finance Minister, George Papaconstantinou, said Sunday that comments made to the weekend press by the European Commission mission chief, one of its backstopping...

Greece Confident On Fourth EU/IMF Aid Tranche

A government official said that Greece is confident it has made enough progress on implementing its consolidation programme in order to achieve the release...