Greek financial crisis

International Monetary Fund Managing Director Christine Lagarde said in an interview with BBC on Sunday that her institution will not step forward to provide additional financial assistance to Greece, if the Greek government miss its €1.5 billion ($1.7 billion) payment on...

According to Nobel Prize-winning economist Paul Krugman, Greece seems to be doing the best thing it can under the current circumstances. Krugman thinks that Greek Prime Minister Alexis Tsipras is acting wisely because he has decided not to reach a decision single-handedly. In reality,...

In view of the current financial crisis, the German government has issued an unusual advisory regarding Greece. A statement posted on the website of the German Foreign Office on Sunday instructed German citizens planning to travel to Greece on vacation...

Ahead of the crucial emergency summit of euro zone leaders on Monday and while bank withdrawals have accelerated significantly in Greece, European Commission President Jean-Claude Juncker expressed his exasperation with the Greek Prime Minister Alexis Tsipras during his interview at the...

Immediately after the two-hour meeting between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker in Brussels on Thursday afternoon about the current battle over conflicting ideas for resolving Greece's financial catastrophe, Tsipras appeared optimistic, expressing his hope for a...

Greek Prime Minister Alexis Tsipras’ German allies are getting exasperated with the Greek government after his visit to Berlin, which led to much skepticism about his willingness to do anything in order to put an end to the country’s...

The austerity measures brought on by the Greek financial crisis has mostly affected the poor population of Greece. According to a survey conducted by Economics Professor Emeritus at the University of Athens and former Minister Tassos Giannitsis along with...

Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs, spoke about the situation between Greece and the Eurozone in an interview with the German newspaper Die Welt. Greece will not remain in the Eurozone at...

Thousands of people are expected to take part in the anti-austerity rally which will take place on March 18 in Frankfurt, in support of Greece and other countries that have been forced to live under austerity measures. The rally...

Keeping Greece in the Eurozone is the European leaders’ political objective at the moment, stated German chancellor, Angela Merkel during an interview in Japan on Monday. A few hours before the Eurogroup meeting about Greece in Brussels Angela Merkel said...