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Greek President: 'ECB Lacks Tools for Dealing with Crises in Eurozone'

The European Central Bank lacks the necessary tools to deal effectively with the debt crisis and the banking crisis and this is one of...

Eurogroup Extraordinary Meeting: Watch Arrivals (video)

The Eurogroup is hosting an extraordinary meeting to discuss the state of play of the macroeconomic adjustment program for Greece following a vote of...

Moscovici appears cautiously optimistic over agreement at Eurogroup meeting

European Commissioner for Financial Affairs Pierre Moscovici appeared cautiously optimistic over a possible agreement at Monday's Eurogroup during the presentation of the European Commission's...

Eurogroup Chief: Meeting on Greece Within Next Two Weeks

An emergency Eurogroup meeting on Greece will take place next week or the week after, said the chief of Eurozone Finance Ministers, Jeroen Dijsselbloem,...

European 'Troika' Meeting in Frankfurt Over Greek 'Fiscal Gap' Proved Fruitless

The new bailout program for Greece continues to divide the country’s international creditors as the International Monetary Fund (IMF) refuses to go along with...

Greek Finance Minister Meeting with European Ministers Ahead of Bailout Review

Greek Finance Minister Euclid Tsakalotos continued a round of meetings with other Eurozone finance ministers over the weekend, meeting his Portuguese counterpart on Saturday...

George Soros: Greek Economy will Never Recover within Eurozone

"Greece will never recover as long as it is a member of the Eurozone," said well-known investor George Soros, adding that the country will...

The Eurozone Reportedly Delays Disbursement of Needed Bailout Funds to Greece

Representatives of the Eurozone's finance ministries were unable to officially approve the disbursement of two billion euros of bailout funds to Greece, as well as of the 10 billion...

Eurozone Οfficials Οptimistic Οver Νegotiations Βetween Greece and Ιnstitutions

A positive climate prevails among senior officials of the euro zone over the negotiations taking place in Athens with the view to reaching an...

Eurozone Official Hopes for Agreement on Greek Program by Nov 9

A top Eurozone official on Wednesday expressed the hope that Greek authorities and representatives of the institutions could reach an agreement by Monday, November...