No Smoke Comes Out of Berlin Meeting
In a hard to decipher series of events two meetings took place today concerning the Greek Issue.
In a hard to decipher series of events two meetings took place today concerning the Greek Issue.
Ahead of the payment of €462 million by Greece to the IMF on Thursday 9 April, figures released by the Jubilee Debt Campaign show that the IMF has made €2.5…
The allegation: Cyprus received loans only on the condition that its banks sold their branches in Greece to a competitor in Athens at a fraction of their value. ThePressProject publishes…
Greek officials are trying to persuade creditors in the euro area to convert funds originally earmarked for banks into a credit line to help the nation escape its bailout program,…
The reaction of international markets to Prime Minister Antonis Samaras’ intention to part ways with the IMF a year ahead of schedule, deals a severe blow to his struggling government’s…
According to an analysis produced by IMF researchers, drastic wage cuts in Greece have failed to improve competitiveness and contributed to a fall in productivity as domestic demand collapsed.
‘Do as I say and not as I do,’ appears to be a guiding philosophy of the IMF which only see the faults of others.
Paulo Nogueira Batista, Brazil’s International Monetary Fund representative has criticised the troika’s reform programme in Greece, calling it ‘excessive’ and an ‘attempt to run the country from the outside.’
Antonis Samaras says that there will not be a third memorandum; but the IMF says Greece will require another program of financial assistance; optimism grows over the Greek economy; shops…
A powerful explosion rocked the center of Athens early on Thursday morning when a car-bomb parked on Amerikis street outside the Bank of Greece went off at 5.55am. About 40…