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Bank Group Chief: Greek Euro Exit Cost Could Pass $1.25 Trillion
With speculation mounting that Greece will ultimately either choose or be forced to leave the Eurozone and drop the euro, the head of a...
Christine Lagarde Expects Greek Government to Implement Bailout Program
The International Monetary Fund expects Greece΄s next government to implement its agreed bailout program, IMF managing director Christine Lagarde said Tuesday, according to Dow...
Goldman Sachs: ‘The Election Outcome Creates Uncertainty in Eurozone’
"The election outcome in Greece creates significant uncertainty ahead for the country primarily and the broader spectrum of euro-area assets," Goldman Sachs strategists said...
Megan Greene: Greece Will Suffer Less If It Leaves Euro Now
(Megan Greene is head of European economics at Roubini Global Economics. The opinions expressed are her own. Read more from Greene at www.economistmeg.com.)
The mood on...
Greek Debt Swap Sees 95.7% Participation With Clauses
The Greek government said it reached its target in the biggest sovereign restructuring in history, with a 95.7 percent participation rate among investors after...
Papademos: EIB To Help With Greek Infrastructure Projects
Greece will get help from the European Investment Bank to make best use of European Union funds still available to it, especially to develop...
IIF Recommends Members Carefully Consider New Deal
The body representing Greece΄s private-sector creditors said Tuesday it recommends they "carefully consider" a new deal forcing them to accept a bigger loss on...
Citigroup: Risk Of Greek Exit From Euro Has Risen To 50%
Citigroup on Monday raised its estimate of the likelihood of a Greek exit from the euro area over the next 18 months to 50%...
IIF Made New Proposal On Restructured Greek Debt Coupon Rate
The Institute for International Finance has made a new proposal in its negotiations with Greece that calls for a gradual increase of the coupon...
Venizelos Aims for Debt Swap Offer Feb. 6 – Feb. 10
Greece will resume talks with the Institute of International Finance on Jan. 18 on a debt swap accord and aims to present the outline...