Greek Deal

Although the new deal averts a Grexit, it includes more austerity measures Greece will have to implement. Eurozone's leaders agreed to save Greece by keeping it in the Eurozone and offer the debt-ridden country a much needed bailout agreement but...

Greece's creditors are skeptical over the leftist government's willingness and ability to implement the reforms required in order to grant the country a third bailout package. Greek Finance Minister Euclid Tsakalotos had a hard time trying to persuade his Eurozone...

Greek Prime Minister Alexis Tsipras is assessing his political damages after "losing" 17 coalition Ministers and MPs who voted against or abstained in the crucial parliament vote on the Greek proposals to international creditors. It was no surprise that prominent extreme...

Bank of Greece (BoG) Governor Yiannis Stournaras expressed optimism on Friday that the operation of banks will normalize in the next few days, as an agreement between Greece and its creditors is imminent, according to a press release by the bank employees’...

"We got a mandate to bring a better deal, not to pull Greece out of the Eurozone," said Greek Prime Minister Alexis Tsipras to the joint meeting of the SYRIZA Parliamentary Group and Political Secretariat. Tsipras spoke to his cabinet...

After Greece's big fat NO to the latest bailout deal, an economist argues that there is a third way out of the Greek disaster, and towards job creation, prosperity and debt repayment.

Greek main opposition New Democracy leader Antonis Samaras addressed the nation in a televised speech just a few hours after Greek Prime Minister Alexis Tsipras gave his own, and urged the country to vote "Yes" on Sunday's referendum. In the speech,...

German Finance Minister Wolfgang Schaeuble stated that there will be no “quick bailout deal,” regardless of the Greek referendum result on Sunday, July 5. Greeks are called to vote on whether their government should accept the creditors’ bailout program that includes...

Greece and its creditors are reportedly working on yet a new last-minute bailout deal ahead of a $1.8 billion loan repayment deadline to the IMF that the country does not have funds to fulfil. Greek radio station Real fm reported that the new...

A new summit of EU leaders will be held next Friday if Greece and its international creditors do not reach an agreement during the Thursday Eurogroup. According to German newspaper Süddeutsche Zeitung, there will be no solution on Greece, once again, in the new...