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Forbes Magazine on Harsh "British Empire"-Style Terms, and Why Greeks Should Tell Their Creditors to Take a Hike
Tim Worstall from Forbes magazine explains why Greece shouldn't agree to British Empire style terms imposed by the IMF and the EU and why...
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...
Nobel Winner Pissarides Says No Default, But Big Haircut
As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher...
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...
Second Greek Bailout May Be In Jeopardy
As the drumbeat of default expectation grows in Athens, Europe and the United States, German Finance Minister Minister Wolfgang Schaeuble, whose country is footing...
Candidate for U.S. Ambassador to EU: Greece Will Choose to Leave the Euro Zone
Greece will leave the euro zone in a year or a year and a half, predicted the candidate for U.S. ambassador to the European...
German Press Reports Defend Greece Following IMF Report
The German press is filled with extensive commentary concerning the International Monetary Fund's (IMF) report on Greece that was released on Friday. The report...
Centrists Union Leader Steals Show in Parliament During Pension System Talk
Centrists Union leader Vassilis Leventis called on Prime Minister Alexis Tsipras to resign and form an all-party government during his speech on security fund...
Greece Wants IMF Out of Bailout Program
Greece wants the International Monetary Fund to abstain from the third bailout program and make the Greek debt, Greek Prime Minister Alexis Tsipras said.
In...
The End of ‘Anti-Memorandum’ Politics in Greece
They called it deal, agreement, treaty, honest compromise, bailout. They dressed it up with fancy words like “social justice,” “fair taxation,” “growth prospect,” “debt...