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Euro Zone Freezes Debt Relief Measures after Tsipras' Steps on Pensions, Island VAT
Euro zone finance ministers on Wednesday decided to suspend short-term debt relief measures for Greece in response to extra spending on pensions announced by Greek...
German FinMin: Only Reforms can Keep Greece in Euro Zone
"The implementation of tough measures is the only way, since Greece decided to remain in the euro zone," said German Finance Minister Wolfgang Schaeuble.
Schaeuble...
Greek Fin Min Urges Euro Zone Peers for Quick Debt Relief
Greek Finance Minister Euclid Tsakalotos urged creditors to agree on debt easing measures before the end of the year in order for the country...
EU Finance Commissioner: Greek Debt Relief in Hands of Euro Zone Member States
The solution of Greece's debt relief issue lies solely in the hands of the euro zone member states, said European Commissioner for Financial Affairs...
Greece Better Off Outside Euro Zone, Nobel Prized Economist Says
It would be better for Greece to leave the euro zone, said Nobel Prize winner economist Paul Krugman while in Athens.
The renowned economist, who...
Proposal of New Euro Zone Fund Might Put Greece under Permanent Fiscal Supervision
The creation of a new fund to shield the euro zone from financial shocks will be discussed at a Eurogroup meeting scheduled for Friday; the fund...
Euro Zone Finance Ministers Warn Greece of Tough September
Greece is not on the agenda of today's (Monday) meeting of euro zone finance ministers, but European Commission officials warn Greece that September will...
Greece Is Protected from Brexit Repercussions, Euro Zone Chief says
Greece is the most protected European country from possible Brexit repercussions because it is covered by European money and a European program, said Eurogroup...
Euro Zone Agrees to Give Greece €10.3 Bln Loan Tranche Under Conditions
Euro zone finance ministers early Wednesday morning agreed in principle to disburse 10.3 billion euros on condition that Greece corrects some pending issues in...
Greece Is Champion of Non Performing Loans in Euro Zone
Greece is the euro zone champion in non performing loans, according to a study conducted by the International Monetary Fund.
Bad loans in euro zone...