Eurozone
Economy
Poll: 7 in 10 Greeks Want the Euro at Any Cost
The majority of Greeks, 7 out of 10, choose to stay in the Eurozone at any cost, according to a latest opinion poll conducted by GPO.
The poll was presented on Mega television on Monday night, showing that 69.7 percent...
Greece
President Pavlopoulos: Greece's Course in Europe and the Eurozone Will Continue
The country's course in the eurozone and Europe will continue, President of Republic Prokopis Pavlopoulos said in a meeting with the Administrative Committee of the Central Union of Hellenic Chambers on Monday.
The Greek President also called for unity of...
Economy
Greek FinMin Varoufakis: "Europe Does Not Want 'Grexit'"
In an interview with BBC radio 4, Greek Finance Minister Yanis Varoufakis noted that Greece’s European partners will not eventually let the country leave the Eurozone.
"German Chancellor Angela Merkel is not even considering the possibility of a Grexit," he...
Greece
Main Opposition Criticizes Tsipras for Saying a Grexit Would Destroy the Eurozone
Greek main opposition New Democracy attacked Prime Minister Alexis Tsipras on Tuesday for saying that a potential Grexit would destroy the Eurozone.
"He has not realized that the only one who will be destroyed by a Grexit will be Greece,” party spokesman...
Economy
Greek Economy Shrank by 0.2% in Q1 and Revenue Collapse in May
The Greek economy shrank by 0.2 pct in the first quarter of 2015, in contrast with the Eurozone and the EU-28 which grew by 0.4 pct in the January-March period, Eurostat said on Tuesday.
In a report released here, the...
Economy
Greek MEP Papadimoulis: Cost of no Agreement on Greece Is 1.0 Trillion Euros
If Greece and its partners fail to reach an agreement on how to handle the country's debt, the cost to its creditors will be in the region of "at least one trillion euros," Greek MEP and European Parliament Vice-President...
Economy
One-Third Of Large Investors Foresee Grexit
One-third of large investors predict a Greek exit from the euro currency as talks between Greece's government and international creditors over the much-needed €7.2-billion bailout package have reached a deadlock, according to a Financial Times report.
In a recent poll carried out by Swiss investment group GAM...
Economy
Putin Warns Against Speculation Over Greece's Eurozone Future
Speculation over Greece ’s possible exit from the Eurozone ("Grexit") amid the country’s massive debt could be harmful both to the European Union and the Greek economy, Russian President Vladimir Putin said in an interview with Italian newspaper Il...
Economy
Greek Minister Tsakalotos: 'If Eurozone Dissolved, it Would Lead to Very Nasty Politics'
If the Eurozone is dissolved, it would create a very dangerous political situation in Europe, Greek Alternate Minister for International Economic Relations Euclid Tsakalotos told Channel 4 News on Thursday.
Asked how close Greece is at defaulting, Tsakalotos said:...
Greece
The Necessary Compromise In Greek Bailout Negotiations
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In the beginning of 2015, Greeks elected Syriza hoping for a negotiation deal with Greece's lenders that will not include more austerity. Today still there is no deal and Greece's future remains unknown.