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Greece Must Decide: In or Out of the Eurozone
ATHENS – With international lenders continuing to withhold aid until the Greek Parliament ratifies austerity measures agreed on by the country’s shaky coalition government,...
Jean-Claude Juncker Backs Special Account for Greek Debt Interest
Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest...
Elections Likely to Be Postponed
One of the three "inalienable" conditions imposed by the New Democracy leader, Antonis Samaras, to support a national salvation government in Greece, was the...
New Greek PM Completes First Series of European Visits
Greek PM Lucas Papademos met with Eurogroup head Jean-Claude Juncker in Luxembourg Tuesday and ECB President Mario Draghi right afterwards in Frankfurt, ending a...
Troika Loan on Hold, Xmas Bonus, Pensions at Risk
ATHENS – Greece’s interim Prime Minister Lucas Papademos, who is overseeing a shaky coalition of three parties, is trying to persuade international lenders to...
Papademos: Parties Must Give Written Commitment To Bailout
BRUSSELS -- Greek Prime Minister Lucas Papademos Monday reiterated that Greek party leaders would have to provide a written commitment to the adoption and...
Deal Reached for 50% Haircut – Full Text of Euro Summit Statement
All eyes in Greece were firmly fixed on Brussels last night as the latest attempt by EU leaders[...]
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...
PM to Meet with Opposition Leaders Tomorrow
PM Papandreou is due to meet with opposition leaders Giorgos Karatzaferis, Aleka Papariga and Alexis Tsipras tomorrow to brief them on the important coming...
Euro-zone Summit Delayed Until October 23
After a round of consultations last week and over the weekend, inter alia with the Presidents of the Commission and the Eurogroup, on developments...