“Grexit

The speculation of a possible Grexit, which lately dominates the Greek public sphere, ruled out European Central Bank (ECB) executive board member Benoit Coeure in an interview with the Irish Times. Coeure characterized such scenarios as "unreasonable and unrealistic." When...

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on further debt relief for Greece might begin, provided the country continued the reforms and measures...

The possibility of Greece leaving the common European currency is relatively unlikely now than it was in 2012, at the peak of the Eurozone crisis, when there was the risk that a Grexit would have a domino effect, Moody's...

Greek tourism hit a new record in 2014 thanks to the large amount of foreign tourist arrivals that boosted the country’s overall income and created jobs. However, according to travel agents, Greek tourism may not be as successful in 2015,...

The possibility of a bank run is a danger that Greece is facing if leftist SYRIZA wins the January 25 elections, according to a New York Times report. SYRIZA leads the polls and most likely will form a coalition government...

SYRIZA leader Alexis Tsipras, in his address in Corinth, referred to six top priorities that his government will implement in order for Greece to become a European country again. "The sealed lips have turned into clenched fists and fear has...

The explicit affirmation of German Chancellor Angela Merkel from London that no question of changing Berlin’s policy towards Greece gives an end to the speculation regarding the risk of a Grexit, which was fueled by recent reports in the German...

European Parliament President Martin Schulz late on Monday expressed the confidence that Greece will remain in the Eurozone and described talks on a possible "Grexit" as speculation. He added that he has already told Greek main opposition SYRIZA leader Alexis Tsipras that...

Stock markets across the world are shaking due to the slump in oil prices and fears that Greece will be driven out of the Eurozone. The euro is at 1.19609 against the dollar, while oil prices have reached a low for...

In an "unofficial" announcement issued on Monday, Greek main opposition SYRIZA demanded from Prime Minister Antonis Samaras to immediately stop the campaign "to terrorize the Greek people and discredit the country abroad," while challenging him to reveal his plans to establish...