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Rice’s Statements on Cyprus
In a news briefing, IMF spokesman Gerry Rice, when asked if Cyprus' rescue could be a model for other crisis stricken-countries, stated that, "The...
Eurozone Chief Says Cyprus Risk
With Cyprus frantically trying to find a way to keep its banks and economy from collapsing after rejecting a demand to confiscate up to...
IMF OK's 3.24 Billion Euros For Greece
One of Greece's Troika of international lenders, the International Monetary Fund, on Jan. 16 approved the disbursement of 3.24 billion euros ($4.3 billion) in...
Eurozone Talks Break Down, No Aid for Greece Yet
After 12 hours of talks in Brussels between Eurozone finance chiefs and International Monetary Fund Managing Director Christine Lagarde failed to reach an agreement...
Troika: Two More Years for Greece to Cost 32.6 bln Euros
Plans to give Greece extra time to meet deficit-cutting targets would open up a financing gap of around 15 billion euros ($19 billion) through...
Greece Shrugs Off EU Loan Delay
Greece is downplaying reports that the Eurozone will not act at a Nov. 12 meeting of finance ministers to disburse a long-delayed $38.8 billion...
"If you want to Save Greece, Stop Lending it Money"
The Greek rescue program is seriously derailed. By the end of this year, the economy will be a fifth smaller than it was five...
Samaras Says Cash Running Out, Aid Needed Now
Greece will run out of money in mid-November and needs to receive a delayed $38.8 billion installment from its bailout package as soon as...
Bill Clinton: "There is Nothing Wrong with Greece – Issue Bonds"
Bill Clinton offers support to crisis-hit Greece from the podium of the second Annual Concordia Summit. The former US President notes that "there is...
Almunia: Europe Should be Ready to Give Greece More Cash
European Commission Vice President Joaquin Almunia said European countries should stand ready to support Greece, giving the country more financial assistance if needed.
In an...


