Grexit

French President Francois Hollande talked about Greece’s situation during a radio interview, on Monday, January 5. He urged the country to focus on staying within the eurozone and abide by its European commitments. “The Greeks are free to choose their...

Just four weeks before the upcoming snap elections, Greeks are becoming more concerned about the country’s debt and financial crisis, reported German newspaper Die Welt. Fearing political and economic turmoil, many Greek savers and entrepreneurs opted to withdraw their money from banks....

Eurozone is no longer obligated to rescue Greece and the country is of no "systemic importance" to the common currency bloc, said Michael Fuchs, deputy parliamentary floor leader of Angela Merkel's Christian Democrats. The comments were made in a Rheinische Post interview...

A new Greek crisis is on the horizon after the snap general elections that could bring leftist SYRIZA to power which may lead the country to a direct confrontation with its international creditors, according to the Financial Times. The elections in...

Greek stocks ranked as the world's sixth worst investment, according to the British leading financial magazine, Money Week. According to the annual list ranking the worst investments of the ending year, the Greek Athex index lost some 24.44% of...

A SYRIZA win in the predicted Greek snap elections can trigger changes that may put an end to austerity throughout Europe, says a Guardian article. "If the radical leftist party SYRIZA does indeed triumph in a possible snap poll in the...

In a public speech on Saturday at Heraklion, Crete, main opposition SYRIZA leader Alexis Tsipras called Greek Prime Minister Antonis Samaras a "Premier of chaos," underlining that "the countdown for the coalition government and the destruction policies has already...

Greek Prime Minister Antonis Samaras on Thursday leveled harsh criticism against main opposition SYRIZA, while speaking to New Democracy's Parliamentary group. "SYRIZA makes foreigners talk again about a Grexit," Samaras said. "We managed to pull the country out of...

In the 5th year of the Greek economic crisis, Greece has good fiscal news as it continues to build a primary surplus, but for debt, reforms and unemployment it has made only limited progress.

The British Eurosceptic and leader of the UK Independence Party, Nigel Farage predicts that Greece will be forced to exit the Eurozone, saying that this would devalue its currency and as a result make it a “hot” tourist destination. Speaking...