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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...
EU & IMF Seek to Repair Greek Rift Over Asset Sale
The EU and IMF on Sunday hastened to prevent a rift with Greece, after the debt-hit country slammed one of their auditors over controversial...
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”...
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...
IMF & EU Inspectors in Athens to Review Greek Finances
A delegation of European and International Monetary Fund officials arrived in Athens Thursday to decide on Greece’s eligibility to receive the next installment of...
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,...
Broad Government Meeting Held Regarding EU & Planning
Prime Minister George Papandreou on Monday chaired a broad government meeting on developments in the major issues concerning the EU. Afterwards the delegates went...
Bloomberg Sues ECB On Greek Swaps
Bloomberg News filed a lawsuit against the European Central Bank, seeking to make it disclose documents showing how Greece used derivatives to hide its...
Nine Αrrests in Greek Drugs Haul
Police in Greece on Monday arrested nine people, including a Frenchman, suspected of smuggling drugs into the country from Canada, officials said.
The arrests in...
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...