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Donald Tusk Calls Euro Summit on Tuesday
The rejection of the creditors' proposed bailout in Sunday's Greek referendum has not only raised questions about the future of Greece but also of the Eurozone.
In...
Eurozone Will Wait After Referendum to Decide on Greece's ESM Request
The Eurozone’s nineteen Finance Ministers held a teleconference on Wednesday to discuss Greece’s request for a two-year deal with the European Stability Mechanism (ESM) and decided...
No Agreement on Greece But Optimistic Ending to Euro Summit
An emergency summit of Eurozone leaders broke up Monday night without an agreement on a Greek rescue, but there was optimism that a deal...
Here’s How the EU Plans to Strengthen Europe’s Monetary Union
Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the...
U.S. Treasury Secretary: 'Athens Should Reach A Compromise With Creditors'
U.S. Treasury Secretary Jack Lew spoke with Greek Prime Minister Alexis Tsipras over the phone on Monday morning in an effort to urge the Greek government...
Schaeuble: 'Germany Is Preparing For Grexit'
During a parliamentary hearing in Berlin, Finance Minister Wolfgang Schaeuble said that Germany is initiating emergency plans in case Greece fails to reach an agreement with creditors on the release of...
Creditors Pour Cold Water On Greece Talking About 'Slow Progress' And 'Vague Proposals'
As Greece is struggling to reach a deal over austerity measures with its European creditors in order to unlock the vital €7.2 billion euros it desperately needs...
Euclid Tsakalotos: Who Is the Greek Economist that Sidelined Superstar Yanis Varoufakis
Greek Prime Minister Alexis Tsipras' decision to practically replace the head of the negotiating team with its European partners by sidelining controversial Finance Minister Yanis Varoufakis and...
Yanis Varoufakis: Greece Is Now Ready for Big Compromises
Greece's outspoken Finance Minister Yanis Varoufakis, who has reportedly faced a hostile environment in today's Eurogroup in Riga, Latvia, said Athens is now ready to...
EWG Emergency Teleconference Tomorrow to Discuss Greek Reform Proposals
A few minutes ago, Greek government sources have confirmed leaked information regarding a possible Euro Working Group (EWG) emergency teleconference to be held tomorrow,...