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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...

Philosophical Perspective on Greek Economic Crisis

Over 200 international philosophers braved strikes and protests, coming to Greece this month to join a forum and debate matters of the mind. For the...

Garbage Strike Over, Collection Begins

The executive committee of the union representing local government workers decided on Friday evening to end the garbage strike that has affected collection throughout...

Troika Shocking Report on Greek Debt: Full Text

The European Commission, European Central Bank and International Monetary Fund have reported on the sustainability of Greece's debt. Read the text of the report below: Greece:...

Greece To Get Next Rescue Loan Batch From Eurozone

Finance ministers from the 17 countries that use the euro approved the payment of Greece’s next batch of bailout loans Friday, avoiding a potentially...

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...

Troika Says Greek Debt Not Sustainable‎

A massive restructuring of Greek debt, that will mean a deeper cut for private-sector investors, looks a lot more likely after the so-called troika...

Fund Managers Survey Says Greece Will Default

As Greek political leaders continue to insist the country will not default on its loans and will return to profitability by the end of...

Italian Militants To Join Their Greek Comrades in Athens

According to Greek blogs Italian anarchists have arrived in Igoumenitsa port in western Greece and intend to arrive in Athens and Thessaloniki in order...

Greek Tax Deal With Switzerland Could Raise Billions

Switzerland is open to negotiations with Greece over tax matters, the Financial Times Deutschland reported Wednesday citing a government spokesman. A preliminary meeting will take...