Eurozone

Greek Prime Minister Alexis Tsipras spoke with reserved optimism after coming out of the emergency Eurozone summit on the Greek debt in Brussels a little after midnight on Monday. "We presented our proposal to the institutions, a proposal that includes...

An emergency summit of Eurozone leaders broke up Monday night without an agreement on a Greek rescue, but there was optimism that a deal is very near. The mood improved thanks to a new Greek proposal that European Council President Donald Tusk called...

Thousands of Greeks opposing to the country's exit from the Eurozone gathered outside the Greek Parliament on Monday to raise their voice against the "war of propaganda against the IMF" and make sure that Prime Minister Alexis Tsipras and the rest...

Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...

The new Greek proposal is a good basis for further talks but no deal can be reached today at the emergency Eurozone summit, said Eurogroup President Jeroen Dijsselbloem. Greece's creditors said that they did not have time to evaluate the new...

The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday. The European Commission chief of staff Martin Selmayr confirmed that the new, improved...

Italian Prime Minister Matteo Renzi and French President Francois Hollande on Sunday, during a press conference given after their meeting in the international exhibition in Milan, expressed their optimism that a solution between Greece and its creditors will be...

Greece's stay in the eurozone is non negotiable, main opposition New Democracy (ND) leader Antonis Samaras said in an interview with Sunday's Kathimerini newspaper. "Greece's exit from the eurozone," he said "it would have serious repercussions." Samaras also stressed the...

In the past week, two separate demonstration rallies took place in front of the Greek Parliament in Athens, showing once again the polarization of Greek people in such a critical time for the Greek economy and society in general. It...

Greece knows it. The EU knows it. Hell, we all know it wouldn’t work. This extend-and-pretend strategy of unending bailouts. No matter what emerges over the weekend or at Monday’s emergency summit in Brussels, Greece and Europe have reached the...