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Greece To Resort To EFSF In 2012
Eurozone Finance Ministers will discuss later on Monday the fine print of a deal covering the Eurozone΄s bailout funds.
European Summit decided on Saturday to...
Moody's slashes Greek rating, may cut further
Moody's Investors Service on Monday slashed its Greek credit ratings by three notches from Ba1 to B1 and warned that they could be downgraded...
European economists Warn Greece May Have to Quit Euro
Greece's debts are rising rapidly despite radical austerity measures. Now a group of leading European economists has warned that creditors might have to write...
Greece in Talks with EU & IMF on Debt Restructuring Strategy
Greece is in talks with the European Union and the International Monetary Fund on a debt restructuring package, according to The Financial Times.
The scheme...
IMF & EU Inspectors in Athens to Review Greek Finances
A delegation of European and International Monetary Fund officials arrived in Athens Thursday to decide on Greece’s eligibility to receive the next installment of...
EU & IMF States Greece's Fiscal Adjustment Program is on Track
Greece is broadly on track in implementing its fiscal adjustment program, the EU/IMF mission in Athens said Tuesday. However the mission warned that challenges...
«IMF can give Greece more time to repay loan»
The International Monetary Fund is prepared to give Greece more time to repay its loan to the institution if European nations, which provided the...
Premier Wen States China Will Support Greece
China assured Greece it will buy Greek government bonds when the debt-laden country returns to markets, a senior Greek governemnt official told Reuters during...
Bloomberg: Europe’s Banks ‘Tied’ To Greek Debt
Even after the EUR110 bil. bailout scheme for Greece, and the massive EUR750 bil package for endangered EU member states, investors are wary about...
German Experts Comment on Greek Debt Crisis
Greece austerity measures cannot prevent default and will lead to a breakdown of political order if continued for long, a leading German economist has...