bailout

U.S. President Barack Obama called on German Chancellor Angela Merkel and requested finding a realistic solution on the Greek issue. The telephone conversation between the two leaders on Wednesday evening was about the European Summit on Thursday where European heads...

"No special treatment for Greece," said CDU lawmaker Volker Kauder, adding a new episode in the caustic verbal exchange between Greek and German officials. Kauder, who is considered to be Angela Merkel's "right hand," spoke to German newspaper Bild on...

Greece must help itself because a Grexit or a Grexident is not ruled out, said German Finance Minister Wolfgang Schaeuble speaking on Austrian television on Thursday. As the verbal exchange between Schaeuble and Athens continues, the German finance minister spoke...

As the new government is trying to appease Greek people after the creditors' insistence on the existing bailout program, the renaming of key words in the negotiations has been a very important tool. It has also been the subject...

Greek Finance Minister Yanis Varoufakis said the European Central Bank is following an asphyxiating policy toward the Greek government. In an interview on Greece's Mega television on Thursday, the Greek minister said, "The ECB, in my opinion, is pursuing a...

Technical talks between Greece and lenders regarding reforms have started in Brussels on Wednesday. The team of representatives that will be coming to Athens to review the progress on the measures required for Greece's bailout program will be called the "Brussels Group,"...

In the past five months the words "critical Eurogroup" are repeated like a mantra on the lips of journalists and Greek citizens alike. Every Eurogroup since October, is like signifying the end of times, or Armageddon, like our flamboyant...

Monday's Eurogroup did not come to a decision about Greece's bailout, thereby the European Central Bank cannot continue funding the country yet. Greece will be in a dire situation by the end of April, as Prime Minister Alexis Tsipras himself...

"We are looking forward to working with Greece. Time is running short," said Benoit Coeure, Executive Board Member of the European Central Bank. The ECB official spoke to Cypriot newspaper Politis on Sunday and discussed Greece's bailout talks. "The (Greek) authorities...

Greece repaid the first 310-million-euro installment of a loan from the International Monetary Fund due in March, a government source told Reuters on Friday. The country is facing a serious liquidity problem before Monday's Eurogroup that will decide if the...