European Central Bank (ECB)

Acclaimed American economist and Professor of Economics and International Affairs at Princeton University Paul Krugman stressed in an article with the New York Times that what Europe currently should do while dealing with the Greek crisis is to "stop the clock"...

German Chancellor Angela Merkel and French President Francois Hollande, just a few hours ahead of the Eurogroup meeting being currently held in Brussels in order to strike an agreement over the Greek program, expressed their firm belief that Greece is...

Greek Finance Minister Yanis Varoufakis is currently holding the third and most crucial of a series of meetings with his Eurozone counterparts in Brussels in an attempt to strike a deal regarding the future of the Greek program. The talks...

Earlier today, Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem, explaining Greece's proposals and reasoning for the continuation of the country's loan agreement. Germany's immediate rejection of the Greek proposal has widened the gap...

The Greek government has confirmed its intention to apply for an extension of its loan agreement tomorrow morning in order to avoid the danger of running out of liquidity by the end of February -when the current bailout program...

Greek banks dropped in Athens Stock Exchange (ASE) after the meeting between the Eurozone’s Finance Ministers ended abruptly when Greece refused to sign a bailout program extension. According to Bloomberg, this raised concern among creditors who “may need to introduce controls...

Greece does not need new bailout loans, Greek Prime Minister Alexis Tsipras said in an interview to German magazine "Stern" to be published on Thursday, and said he looks forward to a win-win situation in talks with the country's creditors...

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...

For yet another afternoon and despite the freezing cold and the light snow falling since yesterday, more that 10,000 Athenians gathered in front of the Greek Parliament at Syntagma Square in downtown Athens to express their support to the Greek...

Media reports citing a six-month extension of the Greek program generated a lightning quick denial by German Finance Minister Wolfgang Schaeuble, who spoke after the G-20 meeting in Istanbul today. According to Bloomberg, Schaeuble said such reports are “false.” A plan...