Grexit
Economy
Greek Defense Minister: USA, Russia, China Could Lend to Greece
Defense Minister and president of junior coalition partner ANEL, Panos Kammenos, said that Greece has a Plan B in case negotiations with its European partners fail. He said that Greece can turn to the U.S., Russia or China for...
Economy
Obama: I Look Forward to Merkel's Assessment of Greece (Video)
https://www.youtube.com/watch?v=Zt8kAJmq6ww
US President Barack Obama said he looks forward to German Chancellor Angela Merkel's appraisal of the financial situation in Greece as well as the ways to achieve growth. At a joint press conference, after a meeting held between the...
Economy
Greek FinMin Varoufakis Presents the '10 Reforms Proposal' Amid Grexit Concerns
The end of the crisis will not come if Greece says yet another "yes" to the program. If the drug was bitter but effective we would have taken it, but the drug is "toxic" and even the doctor knows...
Economy
British Premier Holds Meeting About Grexit
British Prime Minister David Cameron chaired a meeting with members of the finance ministry and the Bank of England on Monday to prepare for a possible Greek exit from the euro zone, according to Reuters.
Citing a source from the...
Economy
Former PM Criticizes New Government Policy, Concerned Over Grexit
Former prime minister Antonis Samaras criticized the new government policy announced yesterday by Prime Minister Alexis Tsipras and expressed his concerns about the possibility of a Grexit.
According to a Real.gr report, Samaras listened in silence to the policy statements...
Greece
Opinion Poll Shows Greeks Support Govt Stance Toward the Troika
75% of Greeks believe the new government is determined to carry out its election pledges and 72% consider the government's confrontation with the Troika to be right, according to an opinion poll.
Rougly six out of 10 (59%) believe that the...
Business
German Fraport Asks Greece to Respect Agreement on Regional Airports
The finance director of Fraport, a German airports management company, expressed his optimism that the new Greek government will respect the 1.4 billion dollar agreement regarding 14 regional airports in Greece.
In an interview with the German business newspaper Boersen-Zeitung,...
Business
Chinese Colossal Construction Company CPCG Eyes Greece
Chinese construction magnate, Yan Jiehe, is turning his gaze toward the Greek market -- characterized by many as risky due to the latest stormy political and economic developments -- saying that he is on the hunt for investment opportunities...
Greece
Economist: SYRIZA Could Lead to Grexit or a Better Future for the Euro
The demand for a debt cut and end to austerity by the new Greek government is a big challenge for German Chancellor Angela Merkel who has set up the austerity path for Europe. The Grexit that could result from...
Economy
Eurogroup Chief Warns Greece to Respect Euro Zone Rules
Eurogroup chief Jeroen Dijsselbloem said that Greece must respect the rules of the euro zone if it wants to remain in the common currency, according to Reuters.
Speaking to German magazine Spiegel online on Friday, the EU official said that...