Greek debt

As Greece and the Eurozone face a week of political and financial turmoil after Greek Prime Minister Alexis Tsipras' sudden announcement of a July 5 referendum on the creditors' proposed bailout agreement, main opposition New Democracy leader Antonis Samaras urged Greek citizens on...

Greece's Alternate Minister for International Economic Relations Euclid Tsakalotos presented on Tuesday his own version of what caused the breakdown in talks between Greece and creditors. According to the Greek negotiating team's head coordinator, at least part of the problem was a...

With Greece going through a hectic series of days that included referendum announcements, capital controls and bailout package expirations, a new campaign has been launched by a British man to raise 1.6 billion euros for Greece so it can pay its international creditors. The...

European Commission President Jean-Claude Juncker sent a possible "last-minute" solution to the debt issue to Greek Prime Minister Alexis Tsipras to reach a deal before a referendum, a Commission source said Tuesday. "Having been in contact with PM Tsipras yesterday,...

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...

Minister of Economy, Infrastructure, Shipping and Tourism Giorgos Stathakis said on CNN and The Financial Times that Greece will not make the repayment due to the International Monetary Fund on June 30 (today). The default will put Greece on a...

Greece's Prime Minister Alexis Tsipras gave an interview to Greek public broadcaster ERT in the late hours of Monday, talking about the upcoming referendum set to be held on July 5. The referendum will ask Greeks to accept or reject the...

News of the impending referendum has caused alarm for some in Greece. The country’s Central Bank says deposits are now at their lowest level since May 2004. But while there is concern for some, for others there is resignation and...

In an attempt to assess the future of Greece in case no agreement is reached before June 30, Bloomberg answered five critical questions. If the Greek side and the country’s creditors are not able to reach an agreement over the...

The International Monetary Fund (IMF) expects Greece to make a 1.5-billion-euro debt repayment on June 30 as scheduled, IMF spokesman Gerry Rice said during the regular press briefing on Thursday. He dismissed talk of default as "speculation" and said that...