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French Finance Minister Calls For IMF To EASE Greek Lending Terms
French Finance Minister Christine Lagarde called on the International Monetary Fund to ease the terms of Greece’s bailout loan, following European Central Bank’s example,...
Russia sees Greek debt “restructuring"
According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...
Europe will stand by Greece, says Sarkozy
A meeting between Greek Prime Minister George Papandreou and French President Nicolas Sarkozy in Paris on Sunday ended with the French president's pledge for...
European Commission: Stricter Border Controls in Schengen Zone to Be Lifted by November
On Tuesday, the European Commission called for stricter border controls in the Schengen area to be lifted by November so that the passport-free zone...
Institutions in Athens on Monday to Conclude Bailout Review and Discuss Debt
International institutions are due back in Athens on Monday to further discuss the bailout review and debt relief for Greece.
Recently at their Spring Meetings...
ESM Chief Klaus Regling Says Debt Relief Not Necessary for Greece
European Stability Mechanism (ESM) Chief Klaus Regling told reporters on Wednesday evening that Greece will have no problem concerning its debt for the next...
IMF: No Need For Wage or Pension Cuts in Greece
Deputy spokesman of the IMF William Murray said that representatives of Greece’s Troika of international lenders will arrive in Athens in the second half...
Greek Core Changes Denied by Eurogroup
A European Commission official has stated that only a fine tuning of pending issues will be accepted by Greece's international lenders, excluding any bigger...