Greek bailout

German newspaper Bild published a report today regarding scenarios over Greece's outspoken Finance Minister Yanis Varoufakis' resignation, which has been strongly denied by government officials. As cited by Reuters, the two unnamed officials have said that "none of this...

Greece was mishandled from the beginning and now the chances of leaving the Eurozone are 50-50, said billionaire investor George Soros. In an interview to Bloomberg Television due to be aired on Tuesday, Soros said that after recent developments, the Greek issue is...

The Mayor and citizens of Kirchseeon in Germany joined together to support the owners of a Greek restaurant who have been receiving threatening racist letters and phone calls. Athos restaurant is located in Kirchseeon, a town 35 kilometers outside Munich....

Greek coffers will be empty by April 8, said Frankfurter Allgemeine Sonntagszeitung Sunday report, citing European Commission experts in Athens. According to the report, Athens will be able to finance salaries and pensions until the second week of April. After that,...

German Finance Minister Wolfgang Schaeuble proceeded to yet another foreboding estimation for the Greek program's future. Addressing a news conference held in Berlin about the German government's spending plans he stated that the time for the country which is...

His opinion that solidarity displayed toward Greece by its fellow Eurozone member-states has its limits due to other countries struggling with their own austerity commitments expressed Slovenian Prime Minister Miro Cerar. As he said, "Greece is in a very...

A poll published on March 13 by German public broadcaster ZDF reveals that 52% of German citizens no longer want Greece to remain in Europe's single currency, up from 41% last month, Bloomberg reported today. The shift is due to...

Italian economist Mario Monti, who served as the country's Prime Minister between 2011 and 2013, leading a government of technocrats during the Italian debt crisis peak, highlighted that Greece's time to "play games" is running out. As he said in...

German Finance Minister Wolfgang Schaeuble has once again sparked displeasure in Athens, insisting that the unpopular "Troika" of creditors will be negotiating with the Greek government over the country's bailout package extension, despite the latter's objection on the matter. Eurozone's...

The left platform of SYRIZA criticized Greek Prime Minister Alexis Tsipras for backing down on Monday's Eurogroup negotiations and asks for rift with creditors. The party's left platform --led by Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis --...