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Greece's Current Account Deficit Up in Q1
Greece's current account balance showed a 404-million-euro deficit in March, up 316 million compared to the same month last year, the Bank of Greece (BoG) said...
Greece’s Creditors Request 3-Billion-Euro Budget Cuts
There have been major developments in the negotiations between Greece and its creditors so that the two parties can reach an agreement as soon...
S&P Downgrades Greece to Junk; Outlook 'Negative'
Standard & Poor's Ratings Services lowered its long- and short-term sovereign credit ratings on Greece to 'CCC+/C' from 'B-/B'. At the same time, Standard...
Greece Misses Budget Revenue Target for Two First Months of 2015
Greece missed its budget revenue target during the first two months of 2015, complicating the talks with its international creditors over securing more bailout...
BoG Governor: Uncertainty Threatens to Negate Sacrifices of Greek People
Uncertainty threatens to derail the Greek economy and even negate the huge sacrifices made by the Greek people in previous years, said Bank...
Greek PM Tsipras to Cabinet Meeting: The Memoranda Are Over
The cabinet meeting chaired by Greek Prime Minister Alexis Tsipras convened earlier today, focusing on the preparation of the new government’s work as well...
Greek FinMin Varoufakis: We Can't Accept the Fiscal Adjustment Signed by the Previous Govt
Greek Finance Minister Yanis Varoufakis is currently holding the third and most crucial of a series of meetings with his Eurozone counterparts in Brussels...
Greek PM Tsipras – German Chancellor Merkel Hold 'Constructive' Telephone Conversation
A constructive fifty-minute telephone conversation between the Greek Prime Minister Alexis Tsipras and the German Chancellor Angela Merkel was held on Thursday afternoon, only...
Read the Greek Loan Agreement Six-Month Extension Request Letter
Earlier today, Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem, explaining Greece's proposals and reasoning for the continuation of...
Read the Draft Eurogroup Statement Rejected by Greece
Eurozone Finance Ministers abruptly concluded the Eurogroup meeting without reaching to an agreement over a new Greek program. Earlier today, the newly elected...