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Bloomberg: Bondholders Preparing For 60% Haircut

Greek bondholders are preparing to lose as much as 60% of their investments as European leaders try to impose a solution that reduces Greece’s...

IMF: Important That Greece Private-Creditor Talks Be Brought To Early Conclusion

Negotiations between Greece and private holders of its debt need to be resolved quickly to assure Greece can pay its bills and prevent failure...

Greece΄s Two Main Pillars Ahead of the EU Summit

The Greek delegation goes to the European Union Summit on Thursday with two non-negotiable requests, hoping that the EU political leadership would decide to...

EU, IMF Ready For 'Soft' Greek Restructuring -Report

The European Union and International Monetary Fund, backed by the German government, are ready to accept a "soft" debt restructuring by Greece after acknowledging...

Eurogroup To Determine The Schedule Of Decisions On Greek Problem

Eurogroup meets next Monday to address the ineffectual effects of internal devaluation in Greece, through the revision of the Memorandum of Understanding that was...

Moody's "Greece Is Not Expected to Go Bankrupt"

There is no imminent bankruptcy of Greece, said, Moody's Vice President, Thomas Byrne, in an interview with the American network CNBC. " We do...

France, Germany agree on plan to help Greece – The text of deal

France and Germany agreed on a standby aid plan for heavily indebted Greece on Thursday that would involve money from European Union member states...