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Reuters: Greek Debt Restructuring isn't Expected Soon
Reuters claims that Athens is not expected to ask for debt restructuring any time soon, according to an analysis.
Greece will never be able to repay...
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...
Greek PM Fails To Gain Opposition Leaders’ Support
Greek Prime Minister George Papandreou had successive meetings with opposition leaders in his office on Tuesday, in an effort to gain their support for...
Rehn: Approval for Repayment’s Extension Postponed Until January
EU Economics and Monetary Affairs Commissioner Olli Rehn arrived in Athens on Thursday to talk about financial issues. After his meeting with the Minister...
Poll Reveals Citizens are Critical of Government
Greek voters are increasingly pessimistic about the local economy and have serious doubts about the socialist government's handling of financial issues, according to Tuesday's...
EU, IMF Officials To Visit Greece July 26 For Interim Review
A delegation of European and International Monetary Fund officials are due to visit Greece July 26 to decide whether the country should get the...
Slovenia supports Greece
The Slovenian National Assembly on Tuesday passed a bill enabling the country to participate in the European Union's bailout package for Greece.
Nevertheless, both supporters...
Russia sees Greek debt “restructuring"
According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...
Moody's See Risk of Greek Default At 7% Over 5-Yrs -Report
Moody's considers that under its base-case scenario the risk of a Greek default is about 7% over the next five years, according to a...
Moody's cuts Greece ratings to junk
U.S. markets pared their gains in late morning and on into the afternoon, after Moodys Investor Services analyst Sarah Carlson downgraded Greece’s sovereign debt...