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IMF Suspends Greece's Funding, Talks to Resume After Snap Elections

The decision of the International Monetary Fund (IMF) to suspend the provision of financial assistance to Greece until a new government is formed, after...

International Media On Scenarios of a SYRIZA Govt in Greece

International media flirt more and more with the scenario of opposition party SYRIZA being the next government in Greece, in a way “forcing” banks, economists...

ECB Stress Test Results will be 'Manageable', Stability Fund CEO Says

The European Central Bank's stress tests of Greek banks will not be a cause of concern, Hellenic Financial Stability Fund (HFSF) CEO Anastasia Sakellariou...

Cyprus Expected to Return to International Markets

The Cypriot Finance Minister, Harris Georgiades claimed on Saturday that Cyprus is to return to the international markets at the end of June, 18 months...

SYRIZA Would Block EU Funding

If he's ever elected, major opposition Coalition of the Radical Left (SYRIZ) leader Alexis Tsipras said he would veto any European Union decision requiring...

IMF Releases 84.7m Euros in Bailout Funds to Cyprus

The International Monetary Fund approved Monday the release of 84.7 million euros ($113.1 million) in bailout funds to Cyprus. The IMF executive board approved the...

ECB Threatens Cypriot Bank Funds Cutoff

The European Central Bank (ECB) warned Cyprus on March 21 that it would stop providing emergency funding on March 25 unless the government finds...

Samaras: Greek Debt Buy-Back will Not Apply to Greece's Pension Funds

Greek pension funds will not take part in a debt buy-back that is a key part of the country's international bailout, Greek Prime Minister...

IMF: 120% Debt Ratio By 2020 is Fund's Red Line For Greek Program

The International Monetary Fund's long-held debt-reduction target for Greece is non-negotiable, a fund official said Thursday, adding that the IMF's European bailout partners must...

Greek Lawmakers OK Privatization, No to Fund Mergers

As Prime Minister Antonis Samaras’ hopes of pushing a $17.45 billion spending cut and tax hike plan remained stalled, the Greek Parliament has approved...