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Central Banker Stournaras Blames Crisis on Greek Budget Policy and Implicates Varoufakis

Bank of Greece Governor Yannis Stournaras said on Tuesday that Greece must wait for a second review of economic progress before tapping into financial markets.There is a long wait before this can happen," he said, addressing Greek lawmakers. "It...

Former IMF Official: Greek Debt Must be Cut by 50%

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's debt. In a letter to The Financial Times on January 26, the current Vice Chairman...

FinMin Hardouvelis: 'Greece will Regain Access to Markets in 2015'

The negotiations with the technical team of Greece's Troika of lenders "are on a good path and the government has managed to have a positive approach to most of the open issues," Greek Finance Minister Gikas Hardouvelis said...

Greek PM: No Need for New Memorandum, Elections in June 2016

Greek Prime Minister Antonis Samaras appeared optimistic earlier today that the country is not going to need a new memorandum and it will soon be on track of development. During a press conference on the sidelines of the European...

Greek PM: Post-Memorandum Era is Close, SYRIZA is Undermining the Country

Greek Prime Minister Antonis Samaras has called for a cabinet meeting earlier today in order to discuss the coordination of government policies in various issues. At the same time, he sent the message that main opposition party SYRIZA is undermining the...