Greek Debt Haircut
Economy
Greece Wants IMF Out of Bailout Program
Greece wants the International Monetary Fund to abstain from the third bailout program and make the Greek debt, Greek Prime Minister Alexis Tsipras said.
In an interview on state broadcaster station ERT on Monday night, Tsipras said that Greece had...
Economy
Greek Defense Minister: If Greece Leaves the Euro, Spain and Italy Will Follow
His belief that if Greece is forced to exit the Eurozone, a domino effect will begin, sweeping off Spain and Italy, expressed Greek Defense Minister and junior coalition government partner Independent Greeks (ANEL) leader Panos Kammenos. In an interview to German newspaper Bild,...
Economy
Der Spiegel: The Greek Debt Needs to Be Cut
The Greek debt is in dire need of a haircut, noted an opinion article in Der Spiegel’s website. According to the journalist, a haircut would be the honest choice, noting that Greece does not need more money for social...
Economy
French Foreign Minister: Respect the Greek People's Vote
French Foreign Minister Laurent Fabius, addressing both the European and the Greek side, just a few hours ahead of today's critical Eurogroup, made a plea to respect the Greek voters' mandate as well as the Greek government's reform commitments. In...
Economy
Financial Advisory Lazard: 'Troika Is Wrong About Greece'
Shortly after taking office as the next Greek Finance Minister, Yianis Varoufakis requested the help of financial advisory Lazard in order to deal with the negotiations regarding Greece’s public debt which has reached 176% of GDP.
Matthieu Pigasse, head of...
Economy
Brussels to Greece: Forget Debt Haircut
A haircut on the Greek debt capital will not be discussed, said several EU executives, including Prime Minister of Finland Alexander Stubb, according to a report in real.gr.
"There is no political will among euro zone member states for debt...
Economy
German Govt Refuses 11 Billion Euro Debt over Nazi Occupation Loan to Greece
The spokesperson for the German Ministry of Finance, Martin Jager, during a public appearance yesterday ruled out the possibility of a Greek debt haircut. While commenting on scenarios on an electoral win of Greek main opposition party, SYRIZA, he...