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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...

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...