Euro zone
Economy
ECB Alternatives on Greece Issue
The European Central Bank has three alternatives on how to deal with the Greek issue, according to a Bloomberg analysis.
The author of the report, Mohamed El-Erian, says that the ECB will be under pressure to play the important role...
Greece
Spiegel: Let's All Prepare for a Greek Exit
Greece will go bankrupt after paying the International Monetary Fund 460 million euros and Europe must prepare for a Grexit, a Spiegel analysis says.
According to commentator Wolfgang Munchau, Greece's payment to the IMF will probably leave state coffers empty...
Economy
FT: Tsipras Will Not Find Salvation in Russia
The meeting between Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin on Wednesday in Moscow will not resolve Greece's bailout problem, says a Financial Times report.
There is speculation that after the impasse in negotiations between Greece and...
Economy
FT: EU Officials Believe Tsipras Must Rid of Left Platform-ANEL
Several European Union officials believe that Greek Prime Minister Alexis Tsipras must rid of SYRIZA's leftist platform and the nationalistic coalition partner Independent Greeks (ANEL) in order for negotiations with creditors to have a positive outcome for Greece, according...
Economy
Former Greek PM Samaras Says He Would Join Government Alliance to Keep Greece in Eurozone
Former Greek prime minister and now opposition leader Antonis Samaras said he is willing to be part of a national unity government if Greece's stay in the euro zone is at stake.
Samaras spoke to Bloomberg on Wednesday from the...
Economy
Bundesbank Head: Euro Zone Debt in Danger, No More Emergency Aid to Greece
Debt in the euro zone has entered the "danger zone," said the head of Deutsche Bundesbank Jens Weidmann on Friday. He also said Greece is running out of time.
Weidmann stated that in the euro zone public debt is at...
Economy
Bloomberg: Three Potential Scenarios on Greece's Problem
With the Greek government running out of cash by the end of April, Bloomberg speculates on three potential scenarios on the outcome of negotiations between Athens and creditors.
With the word "Grexit" looming large after the new, leftist SYRIZA government...
Crime
Greece Amid 'Most Stressed Out Nations' List
With Norway being the most carefree nation in the world and Nigeria the most stressed-out country, Greece lies somewhere in the middle of the "Most Stressed Out Nations" list in a survey conducted by Bloomberg.
Neighboring Turkey is less stressed...
Economy
Varoufakis-Lapavitsas Continue Clever Quotes
Greek Finance Minister Yanis Varoufakis and SYRIZA MP and economics professor Costas Lapavitsas continued with clever quotes on the Greek debt issue, even though the former is in favor of the euro zone while the latter insists on a...
Economy
Merkel's Right Hand: No Special Treatment for Greece
"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...