Greece

Greece Pleads for Debt Relief From Eurozone and Germany

BRUSSELS (AFP) – Under pressure from the IMF, eurozone finance ministers will consider major debt relief and fresh aid for Greece on Monday despite the deep reservations of bailout-weary Germany. Ministers from the 19-member single currency bloc must confront the

Greece

Bomb Outside Athens Bank Damages Building

ATHENS, Greece (AP) — A bomb exploded outside a bank in central Athens late Wednesday, causing minor damage to the building but no injuries, authorities said.

eu membership

Greece Calls on Germany to Ease Budget Demands

ATHENS, Greece (AP) — Greece’s government has called on Germany to drop what it described as “irrational” budget demands in the country’s bailout program, a day after Greece and its European creditors agreed to resume talks on new reforms.

Greece

Repot: Greece Risking ‘Harsh’ New Bailout in 2018

ATHENS, Greece (AP) — An independent Greek parliamentary report has warned that Greece faces an increased risk of a fourth bailout – or even a default – if delays in negotiations with bailout lenders are not overcome in the next few weeks.

eu membership

Eurozone Crisis: Germany Pushes to Punish Bankrupt Greece

BRUSSELS (AFP) – Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.

AP Photo

Moody’s Keeps Junk Rating For Greece Debt

Moody’s has maintained its deep junk “Caa3” credit rating for Greek government debt, but has upgraded its outlook following recent political breakthroughs. “Moody’s Investors Service has today confirmed Greece’s government bond rating at Caa3 and changed the outlook to stable,”

A ripped Greek national flag flutters in central Athens (LOUISA GOULIAMAKI/AFP/Getty Images)

Will Britain Face The Same EU Dilemma As Greece?

Early this morning Greek MPs voted in favour of a second set of EU imposed austerity measures which will enable an €86 billion (£59 billion) European Union bailout. The reforms include an overhaul of the judiciary system and changes to

Republican Presidential Hopefuls Attends Sen. Joni Ernst's Inaugural Roast And Ride Event

EXCLUSIVE: Carson to Black Church Leaders: Obama’s ‘Entitlement Mentality’ ‘Destructive’ To Black Community

“What we need to be emphasizing … especially in the black community … we need to teach people to turn their dollars over on their own community,” Carson suggested. “Churches are places of great potential healing and insight in our society … there is such a thing as God’s word,” he said explaining he believes the church can teach America what is right and what is wrong.

A barbed wire is seen in front of a European Union flag at an immigration reception centre in Bicske

The EU Is Dead: It Just Refuses to Lie Down

Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the

EU-GREECE-ECONOMY-POLITICS

Chaos Becomes The Only Certainty As Currency Markets React To Greece’s ‘No’ Vote

The value of the euro compared to major peer currencies is already dropping as the financial effects of the Greek ‘No’ vote in Sunday’s referendum filter into the global market. With analysts predicting banks facing funding crises and individuals unable to take their money from ATMs, volatility is set to reign for some time.