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Bloomberg: Bondholders Preparing For 60% Haircut

Greek bondholders are preparing to lose as much as 60% of their investments as European leaders try to impose a solution that reduces Greece’s...

Greece΄s Two Main Pillars Ahead of the EU Summit

The Greek delegation goes to the European Union Summit on Thursday with two non-negotiable requests, hoping that the EU political leadership would decide to...

Fitch Downgrades Greece Rating to Junk Status

Fitch Ratings on Friday downgraded Greece's credit rating to BB-plus from BBB-minus. The cut puts Greece's credit rating in junk territory. The agency said...

France, Germany agree on plan to help Greece – The text of deal

France and Germany agreed on a standby aid plan for heavily indebted Greece on Thursday that would involve money from European Union member states...