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Papandreou: We Don’t Get No Respect
Battered at home and throughout Europe, Greece deserves some respect for its efforts to overcome its economic crisis, Prime Minister George Papandreou said, asking...
Power Games Regarding Greek PSI and EFSF Role
The debate about the haircut of Greek debt has a new dimension, as a large proportion of banks involved in the negotiations expressed the...
Investors in Greece Will Lose a Bundle – Maybe Everything
BRUSSELS - Officials of the Eurozone, the 17 countries who use the euro as a currency, have confirmed that banks and investors in Greece...
Eurozone Says Greece Will Get Next Loan Installment
After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]
Commerzbank CEO: Need Real Greek Restructuring To Calm Markets
Greece should declare itself insolvent and carry out a real restructuring of its debts in order to win back the confidence of markets, Martin...
PSI Fears Weigh Heavily On Greek Banks
Greek banks recorded heavy losses on Monday, in the wake of Proton Bank resolution through the Financial Stability Fund, and amid fears of a...
Euro Zone Postpones Greek Loan
Eurozone finance ministers have delayed a decision on giving Greece its next instalment of bailout cash.
It came after Greece said it would not meet...
Prime Minister: Unfortunately International Community – EU Very Slow
Greek PM George Papandreou said that unfortunately international community and the EU appeared very slow and divided in their reaction, in a message sent...
In Washington, Venizelos Tries to Convince Skeptical World
Even while Greek Finance Minister Evangelos Venizelos was busy in Washington trying to persuade everyone that Greece will not default, although it is drowning...
Bad News for Banks: Greece May Not Pay Them
As Greece daily steps closer to defaulting on its loans, Finance Minister Evangelos Venizelos has[...]


