European officials warn deal on Greece may not happen Monday

Jun 22, 2015

European officials warn deal on Greece may not happen Monday

European officials were cautious about the prospects of reaching a comprehensive deal Monday to keep Greece from defaulting and falling out of the currency union, despite optimism in financial markets. Ahead of an emergency summit in Brussels, German Chancellor Angela Merkel warned against expecting ...

Russia pipeline deal aids Greece

Jun 20, 2015

Russia pipeline deal aids Greece

Russian President Vladimir Putin said after Friday’s talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece had not been discussed. ...

Europe pushes Greece in bogged-down debt talks

Apr 25, 2015

Europe pushes Greece in bogged-down debt talks

European ministers heaped pressure on Greece on Friday to speed up negotiations to unblock critically needed bailout funds and avert a dangerous default, showing frustration after months of bogged down talks. The eurozone’s 19 finance ministers ended a meeting in Riga without a breakthrough ...

Apr 8, 2015

German official slams Greek demands for WWII reparations as 'stupid'

Germany’s economy minister branded Greece’s demand for €278.7 billion in reparations from World War II as “stupid” on Tuesday, while the German opposition said Berlin should repay a forced loan dating from the Nazi occupation. Greek Deputy Finance Minister Dimitris Mardas made the demand ...

Greece clears key hurdle to extend bailout but doubts remain

Feb 25, 2015

Greece clears key hurdle to extend bailout but doubts remain

Greece cleared a major hurdle Tuesday in its ongoing battle to remain solvent as its European creditors approved a four-month extension to its financial bailout — but the cash-strapped country has much more to do to convince its partners that it deserves longer-term help ...

Greece submits reform documents in bid to secure bailout extension

Feb 24, 2015

Greece submits reform documents in bid to secure bailout extension

Caught between its own defiant campaign pledges and pressure from creditors, Greece’s left-wing government will deliver a list of reforms Tuesday to debt inspectors involved in the final approval of extended rescue loans, officials said. Prime Minister Alexis Tsipras was already facing dissent within ...

Greece, eurozone nations settle their differences —for now

Feb 21, 2015

Greece, eurozone nations settle their differences —for now

Following weeks of recrimination and distrust, Greece and its creditors in the 19-nation eurozone reached an agreement Friday on extending the country’s rescue loans, a move that should dramatically ease concerns that it was heading for an exit from the euro as soon as ...