Eurozone

Greece's presence in the Eurozone could be secure for now, but it is far from guaranteed in the future, according to economists. According to a Bloomberg poll, 71% of 34 economists said there will be a Grexit by the end of 2016. At the same time...

Greek Parliament President Zoe Konstantopoulou said that Greek democracy is being strangled. Konstantopoulou addressed the 10th World Hellenic Inter-Parliamentary Association (WHIA) conference on Tuesday and spoke about the events that have followed Greece’s agreement with international creditors on July 13. WHIA is an...

If the expected timeline runs on schedule, Greece could be seeing the first installment of the 86 billion euros of bailout money on August 17. Bloomberg reports that an official “with knowledge on the matter,” who provided this information, also said that...

German Finance Minister Wolfgang Schaeuble was willing to offer Greece 50 billion euros to exit the Eurozone, according to Heard in Europe, a blog of EurActiv. Heard in Europe cites a “high level official” who recently talked with Schaeuble. A French journal called...

The election of the Tsipras government has triggered a massive headache for the Eurogroup in fear it may inspire others across the Eurozone. They had to destroy it and dark forces lurking in the shadows put a devious plan...

Although Greece and its international creditors came closer to preventing a Grexit in Brussels last Monday, a secret European Commission Grexit report indicates that the possibility of Greece leaving the Eurozone was very real, and still could be, at least until a bailout...

Former Greek Finance Minister Yanis Varoufakis spoke out once again against the new bailout deal. “This program is going to fail, whoever undertakes its implementation,” he told the BBC and added that it has actually already failed. The former Finance Minister voted against...

The IMF is willing to participate in the next Greek bailout program, provided that the Eurozone allows a debt haircut or restructuring, so that the debt becomes sustainable and the country can receive market financing, said the fund’s Managing...

German Chancellor Angela Merkel defended the argument about a possible temporary Grexit speaking to her conservative parliamentary group ahead of the vote for Greece's third bailout on Friday, a source said. "I think it's definitely right to think through and...

The island of Crete is home to great traditions and proud, defiant people who function mainly on tight kinship and friendship ties. Greece's largest and southernmost island has 620,000 people and its rich, fertile land and gorgeous seaside make it...