Greek debt

Greece and its creditors are continuing negotiations on a debt swap deal on Saturday, after late-night talks edged them closer to a vital deal but failed to clinch an agreement. Athens is anxious to strike a deal before a meeting...

European Economic Affairs Commissioner Olli Rehn warned against the failure of an aid deal for Greece, according to German newspaper Sueddeutsche Zeitung΄s Friday edition. In an interview, Rehn said it΄s necessary that Greece΄s European partners persuade the indebted country to...

Hedge funds have been known to use hardball tactics to make money. Now they have come up with a new one: suing Greece in a human rights court to ensure it makes good on its bond payments. According to the...

Greece may reach an agreement with private sector creditors on a debt writedown plan by the end of the week, a Greek Finance Ministry official said Wednesday. "All indications are that we might have an agreement by the end of...

Prime Minister Loukas Papademos, in his first interview with a newspaper since taking on his new role as coalition government leader, told the New York Times that he is contemplating introducing legislation in parliament to force the country's private...

A debt swap deal will push Greece into temporary default irrespective of the size of investor losses, a senior analyst at Fitch Ratings said on Wednesday, according to Reuters, adding that the terms of the agreement will influence the...

In a move bound to leave many Greeks and scholars aghast, Greece's Ministry of Culture said on Tuesday it will open up some of the debt-stricken country's most-cherished archaeological sites to advertising firms and other ventures. Leasing the Parthenon through...

Important aspects of the Greek debt-restructuring negotiations remain unresolved, and it is crucial that they are settled as soon as possible, said representatives of the private-sector creditors participating in the talks Thursday. According to Dow Jones, Dallara and Lemierre, who...

Minister of Citizen Protection Mr. Christos Papoutsis presented a report to the Greek parliament on January 11 concerning deaths by suicide and attempted suicides in the country, confirming the already gloomy picture painted in the previous months. A total of...

Athens Reuters made an extensive and thorough report on Turkish drama TV series dominating daily Greek TV programmes, with more and more Greeks becoming enthusiastic over the neighboring country’s products. Beginning the report with an Athens taxi driver, his Turkish...