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We Asked a Greek American Financial Expert How Wall Street Sees Greece
The Greek economy has been hanging by a thread for almost a month. A Grexit went from pure speculation to an official- albeit temporary- alternative proposal...
IMF Might Withdraw from Greece's Bailout, Finds Debt Unsustainable
The International Monetary Fund finds the Greek debt unsustainable and called on Eurozone leaders to write off part of it.
Greece owes almost 10 percent...
German Finance Minister: Greece's Debt Is Unsustainable but Haircut Won't Happen
German Finance Minister Wolfgang Schaeuble endorsed a fundamental claim and at the same time dismissed a primary goal of the Greek government, during a Bundesbank...
Greek Govt Backs Down on Red Lines to Secure Deal
The Greek government has been forced to back down on several of its pre-election campaign pledges as negotiations continue at a slow pace while...
Spiegel: Let's All Prepare for a Greek Exit
Greece will go bankrupt after paying the International Monetary Fund 460 million euros and Europe must prepare for a Grexit, a Spiegel analysis says.
According...
Der Spiegel: The Greek Debt Needs to Be Cut
The Greek debt is in dire need of a haircut, noted an opinion article in Der Spiegel’s website. According to the journalist, a haircut...
French FinMin: Greece Cannot Play France off Against Germany
France's Finance Minister Michel Sapin warned Athens against any attempt to play Paris off against Berlin over Greece's debt crisis, saying a Franco-German agreement...
Greece Needs to Repay its Debt; Restructuring Talks Possible
The new Greek government which will be formed within the next few days will have to respect its commitments and repay the debt that...
Rehn: Debt Extension Likely, Not Writedown
Greece is unlikely to win a debt writeoff, however a debt extension is very possible, Olli Rehn told Bloomberg, ahead of the Greek elections.
The...
ECB President Promises Funding to Greek Banks
Bank of Greece (BoG) Governor Yannis Stournaras and European Central Bank (ECB) chief Mario Draghi have come to an agreement to provide Greek banks...