Greek debt

The Greek government's determination to proceed with the negotiation in order to close a deal based on the people's mandate and its decision in Sunday's referendum, underlined on Wednesday Alternate Social Insurance Minister Dimitris Stratoulis speaking to private ANT1...

European Union Economics Commissioner Pierre Moscovici said it is up to Greece to find new ways to solve the country's debt crisis and that a deal is possible by Sunday. Eurozone member countries have given Greece until the end of...

Greek Prime Minister Alexis Tsipras spoke to the European Parliament presenting the country's position on the debt issue and spoke of the five years of austerity Greece went through. "I am here today after the referendum and Greek people's mandate...

The Greek finance ministry team is racing with time to come up with a comprehensive proposal in order to reach an agreement with creditors by Friday. The Greek proposal will be discussed on Saturday's Eurogroup. On Sunday, there will be...

The Greek issue may be discussed informally at the meeting of finance ministers and central banks of the BRICS countries, according to TASS. The Russian news agency report cites a Russian official who is a member of the Russian delegation:...

Luxembourg Finance Minister Pierre Gramegna noted that the Eurozone governments may consider writing off part of Greece’s debt, but then the country would have to commit to a new reform package. “A haircut is not taboo for Luxembourg in the...

United States Treasury Secretary Jack Lew told Greece’s Prime Minister Alexis Tsipras and newly appointed Finance Minister Euclid Tsakalotos, that Washington "looked forward" to a swift resolution to the Greek debt crisis that affects Europe. Lew said he hoped a...

European Commission President Jean-Claude Juncker said that there will not be a solution to the Greek debt problem in Tuesday's summit of Eurozone leaders and said he will ask Prime Minister Alexis Tsipras what the 'No' in Greece's bailout...

German Chancellor Angela Merkel and French President Francois Hollande held a joint press conference where they addressed the result of the Greek referendum, following their meeting in Paris on Monday. The two leaders said they respect the Greek people's vote and noted...

The news about Greek economy's vital sector, tourism, are extremely encouraging, according to several European travel associations. The German Travel Association (DRV) revealed on Monday that despite Greece's current financial uncertainty, German tourists continue to vote for the Greek earthily paradise for their summer holidays this...