Greece
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Greece-Europe Negotiations

Greek Government: 'No' Vote Will Restart the Negotiation on Monday

"The 'No' vote in the referendum will restart the negotiation on Monday. Based on the unity of the Greek people and the rejection of ultimatums, the Greek government will negotiate with better terms," said government spokesman Gavriil Sakellaridis on...

White House: All Parties Involved Should Keep Greece in Eurozone

The White House said on Wednesday it believes all parties involved in negotiations over Greece's financial crisis want the country to stay in the Eurozone, according to Reuters. White House spokesperson Josh Earnest told reporters on Air Force One that...

IMF Chief: Greece Must Reform Before Creditors Restructure Debt

Greece should reform its economy before European creditors restructure its sovereign debt, said International Monetary Fund (IMF) Managing Director Christine Lagarde, a day after the country's default on the Fund. Lagarde spoke to Reuters and hinted her frustration as she said that...

Greek PM Tsipras: 'Don't Underestimate the Point a Nation Can Reach when Humiliated'

Greek Prime Minister Alexis Tsipras had an intense dialog with European Council President Donald Tusk during the Euro Summit in Brussels on Thursday, government sources said. "Unfortunately, the institutions' proposals reflect the most extreme positions expressed by the IMF. The...

Varoufakis: Some Finance Ministers Criticized the Institutions' Proposal, Greek Talks to Continue

Greek Finance Minister Yanis Varoufakis said on Thursday that two documents have been submitted to the Eurogroup, one by Greece and another by creditors, adding that talks will continue until there is a solution. "Two documents at the Eurogroup. Interestingly,...

Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible

Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00 pm and the two negotiating teams must have reached a staff level agreement by then. Wednesday...

Chinese Premier Expresses Hope for Success in Greek Talks

Chinese Premier Li Keqiang expressed hope on Wednesday for a successful outcome in negotiations between the Greek government and creditors, so that the country remains in the Eurozone. The Chinese Premier also expressed support for the process of European integration, saying...

Former IIF Chief: A Grexit Could Turn into a Bloodbath

Investors are optimistic about the consequences of a possible Grexit, but it can turn into a bloodbath, said Vice President of Partners Group investment firm Charles Dallara. According to a CNBC report, Dallara is worried about the possibility of Greece's...

Greece to Make New Proposals as Merkel Puts More Pressure

"We will try to supplement our proposal so that we get closer to a solution," State Minister Alekos Flabouraris said on Greek television on Saturday, after German Chancellor Angela Merkel said that Greece must make a deal with creditors before...

Greek PM Tsipras Briefs U.S. Treasury Secretary Lew on Ongoing Negotiations

Greek Prime Minister Alexis Tsipras had a telephone conversation with U.S. Treasury Secretary Jack Lew on Tuesday evening, during which he briefed him on developments regarding the ongoing negotiations. According to government sources, Greece “expressed its intention to bridge the differences between...