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Europe Sends 5-Day Ultimatum to Greece
Wednesday's emergency Eurogroup will be crucial for Greece as its European partners will judge the country's proposal for a new bailout program.
The new Greek...
Europe to Greek Voters; Sound Advice or Sound Like Threats?
Antonis Samaras has some great allies in his election campaign; allies that he would have to spend tons of money to buy if he...
Greece's Euro Membership 'Irrevocable,' EU Commission Stresses
Greece's membership in the Eurozone is "irrevocable," European Commission spokeswoman Annika Breidthardt said on Monday, amid press speculation of a possible "Grexit" that would leave...
Guardian: SYRIZA Win Could Help Put an End to Austerity in EU
A SYRIZA win in the predicted Greek snap elections can trigger changes that may put an end to austerity throughout Europe, says a Guardian...
Political Uncertainty May Hurt Greek Tourism
"The last bastion of Greek economy will collapse, unless politicians rise to the occasion," said the president of the Association of Greek Tourism Enterprises...
Keep Lending Us Money, But Don't Tell Us What to Do
After the announcement of the presidential election by the Greek coalition and the political upheaval that followed, some European Union officials expressed opinions that...
Troika's Technical Teams Return to Athens Tomorrow
The return of the Troika's technical teams in Athens tomorrow, along with Eurogroup's decision for a two-month technical extension of the Greek program, announced at...
Eurogroup in Favor of a Precautionary Credit Line to Help Greece
The Finance Ministers participating at the Eurogroup met yesterday in Brussels and discussed the current economic situation prevailing in the Eurozone. They also discussed...
Dijsselbloem: EU Is Willing to Help Greece
Arriving at the opening of the Eurogroup meeting on Thursday, in which Greece’s next day after the memorandum exit will be tabled, Jeroen Dijsselbloem declared...
EU Commissioners Optimistic Over Greece's Next Day
European Union Commissioner for Economic and Monetary Affairs, Pierre Moscovici, stated today that Greece's growth rates gives hopes for the country's future: "We will...