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Euro Zone Postpones Greek Loan

Eurozone finance ministers have delayed a decision on giving Greece its next instalment of bailout cash. It came after Greece said it would not meet...

Tension High within Eurogroup as Greece Requires More Aid

A special Eurogroup meeting scheduled for tomorrow will feature Finance Ministers from the euro-zone.  They will discuss the tense situation concerning modalities, timeline and...

PM Says Privatisation is Top Priority

In Corriere Della Sera, Papandreou listed measures already taken to improve the country's public finances, including public sector cuts and economic liberalisation and said...

German Chancellor Merkel: We Aim to Keep Greece in the Eurozone

Speaking at the World Economic Forum in Davos, Switzerland, yesterday, German Chancellor Angela Merkel appeared confident that Greece will continue on the road of responsibility...

Geithner's Book Reveals Plan for Greek Euro Exit

According to the new book written by former U.S. Treasury Secretary, Timothy Geithner, a plan for Greece’s exit from the Eurozone had been presented in...