Venizelos Says Greece “Scapegoat” But Will Survive Crisis
With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]
Citigroup Says Greece's Exit from Eurozone Could Be Next Crash
The analysts of Citigroup are not certain about the sovereign default of Greece or its exit from the Eurozone, according to a relevant report. Nevertheless, it is underlined that there are some substantial dangers and apprehensions that should be...
Greek Crisis Threatens Eurozone Survival
ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots over government-imposed pay cuts, tax hikes and slashed pensions to satisfy international lenders putting up...
Austria Suggests Greece Make Collateral Deals with Eurozone Countries
According to the Greek newspaper “Eleftherotypia”, the Austrian Minister of Economics proposed that countries of the Eurozone which do not hold a great deal of Greek bonds should receive collateral deals like Finland, but that France and Germany...
George Soros Suggests Greece, Portugal Quit Euro-Zone
George Soros, the US speculator turned billionaire philanthropist, has suggested both Greece and Portugal quit the European Union and the euro-zone because of their massive debts. "One has so mishandled the Greek problem that the best way forward at present...
Germans Want Greece Out of Eurozone
According to an article in the New York Times, Germans continue to want Greece out of the Eurozone. Hans-Werner Sinn, president of the German Institute of Economic Research, steated that it would be better for all if Greece temporarily left...