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Not So Fast: Troika Says No Deal Yet
Greece’s international lenders have rebuffed Finance Minister Yiannis Stournaras’ declaration that Greece had concluded a deal with its international lenders on a $17.45 billion...
Samaras Tries to Keep Coalition Intact
Greek Prime Minister Antonis Samaras’ uneasy coalition showed another crack on Oct. 23 when Democratic Left head Fotis Kouvelis said he would not go...
Christine Lagarde: Greek Debt Will Have To Be Addressed
Greece's debt will "have to be addressed" as part of the solution to fix the country's near-default economy, and the International Monetary Fund is...
Greece's Shortfall Almost Double, Could Hit $26 Billion
Greek Prime Minister Antonis Samaras' hopes to get his reluctant coalition partners to go along with $14.6 billion in additional cuts demanded by international...
Greece Said to Need Another $3 Billion in Cuts
Even as the shaky coalition government led by Prime Minister Antonis Samaras is having trouble finalizing some 11.5 billion euros, or $14.16 billion in...
S&P Cuts Greek Outlook to 'Negative'
ATHENS - Standard & Poor's ratings agency has downgraded Greece's debt outlook to negative, blaming the worsening economy and warned that political challenges could...
Troika Finds Cyprus 'In Worse State than Expected'
International lenders assessing Cyprus's bailout needs found the economy in a "worse state than expected" and in need of painful adjustment in coming months,...
Samaras Says Greece Needs More Time But Won't Ask
ATHENS – With new estimates that a five-year-recession worsened by austerity measures demanded by international lenders has created a $37 billion gap in recovery...
Shipowners Say They'll Leave Greece if They're Taxed
ATHENS – Greek shipowners, who pay no taxes to the state but claim to have brought in $175 billion in untaxed earnings over the...
European Commission: Greece GDP Shrinks 4.7%
Greece's economy remains mired in a deep recession with no signs of an upturn in sight, the European Commission said Friday, as waves of...


