Grexit

Citing what he said was a coming turnaround and even a return to markets by next year under his tenure, Greek Prime Minister Antonis Samaras said that talk of the country being forced out of the Eurozone, a so-called...

Greek Finance Minister Yiannis Stournaras said the government has saved the country from its crushing economic crisis and that a deep recession, now in its sixth year, will end and recovery will begin next year, a prediction at odds...

Prime Minister Antonis Samaras warmly welcomed the EU's release on Dec. v13 of long-awaited rescue funds for Athens, saying "Greece is back on its feet. The sacrifices of the Greek people have not been in vain." "Solidarity in our Union...

Dexia, a Franco-Belgian bank, will receive another stimulus package from Belgium and France, due to heavy losses during the previous term. The extra funding is estimated at 5.5 billion euros ($7 billion) and is only one of many stimulus...

Citibank reports that Greece will leave the Eurozone  by 2014. Citbank examined the reports of international financial institutions in a number of countries and said that it is now looks inevitable that Greece can not stay in the bloc...

A Greek exit from the euro zone could trigger a global economic crisis of dire proportions and must be avoided at all costs, a respected German think tank said in a study published on Wednesday. "A Greek exit from the...

Citigroup changed on Friday its view that Greece will almost certainly leave the euro, saying key eurozone players seem to have decided a Greek exit would do more harm than good. The U.S. bank lowered its probability of a “Grexit”...

In a research piece in the German newspaper Süddeutsche Zeitung, a majority of managers in Europe and Japan said they expect Greece to leave the Eurozone despite $325 billion in two bailouts from the ECB-EU-IMF Troika. Roland Berger, a German...

In an interview given to the Munich-based newspaper Süddeutsche Zeitung, Ekkehard Ernst, a top economist for the Swiss-based International Labour Organization (ILO,) predicted that unemployment in the European Union, particularly the southern countries, would jump markedly if Greece leaves...

Germany is pushing Greece toward an exit from the Eurozone of the 17 countries that use the euro, the Italian newspaper La Repubblica has reported, fueling speculation that despite bailouts Greece's economy cannot be saved. "Germans are about to say...