All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall ... Read More
Asian stock markets turned cautious on Wednesday while the U.S. dollar crept higher as looming euro zone meetings to discuss the Greek debt crisis threatened to produce more confusion than clarity. Euro zone finance ... Read More
Finance Minister Yanis Varoufakis did not rule out clashing with his eurozone counterparts at Tuesday’s Eurogroup meeting in Brussels as Germany’s Wolfgang Schaeuble warned that Greece would be offered ... Read More
The Greek defence minister has said Greece could turn to the US, Russia or China if it fails to reach a new debt agreement with the eurozone. Panos Kammenos, ... Read More
Germany said on Monday there was “zero” chance of it paying World War Two reparations to Athens, following a renewed demand from Greece’s new leftist Prime Minister Alexis Tsipras. Tsipras, ... Read More
Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be ... Read More
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s ... Read More
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge ... Read More
With a difficult week looming for Greece and amid rising pressure from creditors, Prime Minister Alexis Tsipras on Sunday presented his government’s policy program in Parliament, pledging to implement ... Read More
Greek Finance Minister Yanis Varoufakis pledged on Thursday to present to the next Eurogroup a roadmap that will show how Greece could transition from its current bailout to a ... Read More
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