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EU

Former PM Papandreou Sends Letters to Greece's Creditors Asking for Agreement

Former Greek Prime Minister George Papandreou sent a letter to all representatives of the European Union, the European Central Bank and the International Monetary Fund, asking for a mutually beneficial solution to the Greek debt problem. In his letter to...

EU's Schulz: Europe will Help Greece Find Rich Tax Evaders

European Union member-states will take part in the Greek government's efforts to recover its fiscal assets that have been taken out of the country, European Parliament President Martin Schulz said in an interview to "Parapolitika" newspaper published on Saturday. "...

Greece Should Exit the Euro

There is a serious political and economic clash going on deep inside the EU chambers. The newly elected Tsipras government has triggered a tsunami that may not be so easily contained. The northern states dominated by Germany and braced...

Tsipras, Cameron Discuss Eurozone, Ukrainian Crisis

Greek Prime Minister Alexis Tsipras had a meeting with his British counterpart David Cameron in Brussels on Thursday, on the sidelines of the EU summit. According to Greek government sources, Cameron said he was closely following the talks concerning Greece's...

Merkel-Tsipras Handshake in EU Leaders Summit

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel met for the first time in Brussels during the EU leaders summit. The Greek PM warmly shook Merkel's hand right before the summit when French President Francois Hollande introduced...

Dijsselbloem: Talks Between EU and Greece to Continue

The talks between Greece and its EU partners on the country's fiscal program will continue at the Eurogroup meeting of Monday, February 16, Eurogroup President Jeroen Dijsselbloem said at a press conference early on Thursday morning, adding that there...

Eurogroup: Progress Without Agreement for Greece

At an extraordinary meeting on February 11 the Eurogroup discussed the situation in Greece, in particular the way forward considering the upcoming expiry of Greece's current economic adjustment program. Greece's lender's want the country to continue on the path of...

European Commission President: Grexit not Part of my Script

European Commission President Jean-Claude Juncker appeared in conjunctive spirit during an interview with German television Deutsche Welle, just a few hours ahead of the ongoing critical emergency Eurogroup meeting, in which the Greek positions regarding the country’s program future will be presented....

Greek FinMin Varoufakis Presents the '10 Reforms Proposal' Amid Grexit Concerns

The end of the crisis will not come if Greece says yet another "yes" to the program. If the drug was bitter but effective we would have taken it, but the drug is "toxic" and even the doctor knows...

Greece, 6 Bankruptcies in Less Than 200 Years

Greece has been the center of attention for over two weeks, after the January 25 elections. Foreign media, news agencies, government officials and investors are watching the new Greek government closely, criticizing its every move. Furthermore, people around the world...