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IMF: Important That Greece Private-Creditor Talks Be Brought To Early Conclusion

Negotiations between Greece and private holders of its debt need to be resolved quickly to assure Greece can pay its bills and prevent failure...

Greek PM Sends Letter To Eurogroup President

“Crunch time has arrived” said Greek PM George Papandreou in a letter sent last night to the President of the Eurogroup Jean-Claude Juncker, adding...

New York Times Article: Greek Default would be Catastrophic

  According to a recent New York Times newspaper, a default by Greece would be a catastrophe for Greece, for its European creditor banks and for...

Bleak prospects for Greek universities

Universities and academic staff at all levels have been hard hit following the Greek government's unprecedented (for peacetime) severe austerity measures demanded by the...

Greek Economic Crisis Affects Canadian Dollar

We were promised a summer of parity with the Canadian Dollar and the American Greenback. But now, the uncertain economic climate in Europe is...

Greece: The full new economic measures

Greece's finance minister outlined deep spending cuts and tax increases Sunday to free up a multi-billion-euro rescue by the International Monetary Fund and European...