Greek debt

Christine Lagarde, head of the International Monetary Fund (IMF) warned Greece about the consequences of a Greek debt restructuring after the January 25 elections where anti-memorandum SYRIZA is in the lead. The leftist political party, SYRIZA, claims that if elected...

Greek main opposition party, SYRIZA, leader, Alexis Tsipras, does not appear "frightened" by possible turmoil in the market should his party win the upcoming snap general elections of January 25, as Bloomberg reports. As he stated in his book “Alexis...

The majority of Germans are open to the idea of Greece’s exit from the Eurozone, if the country fails to comply with the austerity measures that international lenders have imposed, revealed a survey conducted by German broadcaster agency ARD. A striking...

German Finance Minister Wolfgang Schaeuble called on Greece to move forward with the arranged reforms, noting in an interview with Bild newspaper that “any newly elected government must respect the commitments of its predecessors.” "Greece has made huge progress since...

The negotiations with the technical team of Greece's Troika of lenders "are on a good path and the government has managed to have a positive approach to most of the open issues," Greek Finance Minister Gikas Hardouvelis said...

The SYRIZA economic plan is a joke, said Capital fund analyst Joerg Sponer, after the meeting of SYRIZA MPs Giorgos Stathakis and Yiannis Milios with 35 international banks and hedge funds in London. Bank of America/Merill Lynch followed shortly...

Reuters, citing European officials, claimed that the Greek debt may not need a fresh haircut since it is viable. According to the news agency, "the euro zone is reconsidering whether Greece needs the additional debt relief it has been hoping...

European Union's willingness to continue support Greece in order to ensure reasonable financing conditions after the end of the current program, was expressed today by European Commissioner for Economic and Monetary Affairs Jyrki Katainen. "Greece has made immense progress in...

The IMF has estimated that Greece's financial needs in 2015-2016 will amount to approximately 25 billion euros. The announcement was highlighted in the IMF's bi-annual "Fiscal Monitor" report, which was released yesterday. 2015 in particular will see Greece strapped for...

Newly elected European Commission President Jean-Claude Juncker arrived in Athens today for an “unofficial” meeting and working lunch with Greek Premier Antonis Samaras. Junker met with Samaras for about an hour. The two men then left together for a working lunch,...