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Eurozone Chiefs Cite Greek Progress

Eurozone finance ministers on March 10 pushed for Greece to finally settle differences over unresolved reforms with its international lenders and said the country had made significant progress even though 153 reforms remain undone. The finance chiefs criticized the lack...

Troika Warns Against Greek Market Return

With Prime Minister Antonis Samaras touting what he says is a looming economic recovery this year, Greece's international lenders say he should forget about returning to the markets the country has been locked out of for four years because...

Troika Deal Hopes Set For April

Missing a deadline to reach a deal on unresolved reforms before the March 10 meeting of Eurozone finance chiefs, Greece is bnow hoping to make an agreement with its international lenders in April so that they will release a...

Troika Wants Greek Politics Transparency

Greece's international lenders want an end to the practice of political parties taking money from the state treasury and spending it any way they want and are asking for accountability and transparency in a political system critics said is...

Troika Wants More Salary Slashes

Greek Prime Minister Antonis Samaras' vow not to administer more austerity measures has run headlong into demands by international lenders for lower salaries for new hires, no hikes in the already-cut minimum wage and salary cuts for some civil...

Polls Show Death Knell for PASOK

Little more than four years after winning the Prime Minister's office with 44 percent of the vote, the PASOK Socialists who are partners in Prime Minister Antonis Samaras' New Democracy Conservative government are on the edge of extinction with...

Stressed Greek Banks Need 6.4B Euros More

Ailing Greek banks, which have already received 41 billion euros in an injection of state money from bailouts, will need another 6.382 billion, stress tests performed by BlackRock Solutions has recommended, less than the nine billion estimated by international...

Bank Battle Hangs Up Troika Deal

The biggest stumbling block for Greece in its long-stalled negotiations with international lenders is how much more money already-recapitalized state banks are going to need. That's hanging up a deal that's blocking release of a pending nine billion euro ($12.46...

Samaras, Venizelos Meet On Troika Rift

As a logjam over unresolved reforms remains with international lenders,  Greek Prime Minister Antonis Samaras is set to meet with his Deputy Premier, PASOK Socialist leader Evangelos Venizelos, on March 5 to try to find a way to break...

No Budget Gap, But Undone Reforms Rile Troika

The biggest obstacle for Greece to reach a deal with international lenders - a hole in the 2014 budget both sides now say isn't there - has been resolved, but long talks were still hung up over 153 unfinished...