bailout program

The 12-hour meeting of the SYRIZA parliamentary group was marked by serious disagreements over the Eurogroup deal on Tuesday that extends the bailout program for another four months. The loudest disagreements came from Minister of Productive Reconstruction Panagiotis Lafazanis and...

German Finance Minister Wolfgang Schaeuble gave an interview on Wednesday February 25 stating that it was not easy for the Eurozone finance ministers to reach an agreement with Greece regarding a four-month extension to the bailout program. Furthermore, he...

"It is depressingly typical for a government that, for all its high popularity at home, has squandered every opportunity to improve its lot, and ultimately that of the euro zone," says a report on The Economist. The article criticizes Greece's...

Greece submitted today its proposal to euro zone partners requesting a six-month extension to the existing loan agreement. However, the phrasing is of much importance to the Greek government. Prime Minister Alexis Tsipras has spoken of an "honest compromise." Athens...

With Greece proposing a six-month loan agreement and Germany insisting on the continuation of the current bailout program, there is a constant exchange of bitter words between officials of the two countries. Greek Prime Minister Alexis Tsipras has stated repeatedly...

Foreign media rushed to cover the February 16 Eurogroup meeting which ended with no deal between Greece and its European partners. The Wall Street Journal wrote about a “talks break down amid deep divisions over bailout," while the Guardian...

Greece's geopolitical position may play a more important role in negotiations over the state debt than Greek finances, a Bloomberg report says. With war in Syria and the advancement of the Islamic State to the east, the failure of Libya...

"A rift is not the solution," former prime minister Antonis Samaras said on Monday evening, following the deadlock in negotiations in Brussels between Greece and euro zone finance ministers over the bailout program. Europe has asked Greece to continue with...

Greek Finance Minister Yanis Varoufakis sounded optimistic over tomorrow's Eurogroup in his interview to the Sunday edition of newspaper "Kathimerini." A solution "will be found even at the last minute," he said. Speaking of Greece's European loan partners and their willingness...

As Greece 's negotiations with Europe over the state debt continue and with Monday's crucial Eurogroup looming, there is an air of optimism blowing in Greece. An optimism mixed with defiance and pride. On Wednesday, thousands of Greeks across...