Troika

ATHENS -  Greece will know on Oct. 13 whether international lenders will release an $11 billion loan installment needed to keep the country from going bust and unable to pay its workers and pensioners, German Finance Minister Wolfgang Schauble...

Scores of protesters occupied Greece's finance ministry and other ministries to disrupt a visit by officials from the country's international lenders, who are expected to arrive in Athens midday to assess Greece's eligibility to receive its next tranche of...

According to Reuters, a mission of inspectors from Greece's international lenders will probably return to Athens on Wednesday, a source close to the inspection team, also known as the "troika", said on Tuesday. When asked if the troika mission chiefs...

As inspectors for international lenders returned to Athens to determine whether to release an $11 billion loan installment needed to keep the country from going bust, International Monetary Fund chief Christine Lagarde said investors are weary of helping Greece. “If the Greeks do not want our advice[...]

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]

The teleconference between Evangelos Venizelos and troika officials came to end around 11 o'clock[...]

According to Vima newspaper, a new condition was announced by Troika causing headache to the Greek Parliament once again.The committee asked for the permanent freezing of pensions given to people under 55-years-old, if Greece wants to negotiate about the...

 Greece's creditors have firmly asked the government to lay off 100,000 civil servants by 2015, with 50,000 to be shifted to «εφεδρεία» (a special labor reserve at reduced pay ) as off  tomorrow or Greece will be left on...

ATHENS – As  pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether to give up the fight to stay in the Eurozone, abandon the euro, and return...

With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute new deep cuts in public spending – another 20% pay cut for workers and a...