European debt crisis
Greece pleads cash running out, told to hasten reforms
By Jan Strupczewski
Greece made another plea to the eurozone for cash to avert bankruptcy but was told to present an improved list of economic reforms within six working days for finance ministers to pave the way for any more lending, EU officials said on Thursday.
ECB cash said likely to fall short of Greek request this week
By Karl Stagno Navarra & James Hertling
Greece probably won?t get all the European Central Bank cash it?s requesting this week, according to two people familiar with the situation.
German economy minister says it is 'not clear' how to keep helping Greece
Germany's economy minister said on Tuesday his country was ready to help Greece get back on its feet and stay in the eurozone but it wasn't clear to him how they could keep helping.
"This country (....) is ready to help (Greece) get back on its feet - moreover in my firm opinion in the euro and not outside the euro," Sigmar Gabriel said during a talk at the economy ministry.
Agreement on talks acceleration
By Katerina Sokou
Two clear messages emerged from the meeting between Finance Minister Yanis Varoufakis and International Monetary Fund Managing Director Christine Lagarde in the early hours of Monday, Greek time: Greece will pay its dues to the Fund on time and will try to accelerate negotiations to reach a conclusion sooner.
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Telegraph: 71% of Brits in favor of Grexit
Nearly seven in ten readers of the Telegraph’s online edition are of the opinion that Greece should leave the Eurozone since it damages the European economy.
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Big week for Greece as cash runs out and election scenario looms
Greece faces another critical week with looming debt repayment obligations and the resumption of tough talks on a proposed list of reforms with the country?s international creditors amid renewed speculation about the possibility of a Greek default or an early general election.
Varoufakis returns to Memorandum surplus of 3.1% (from 1.5%)?
The Greek government estimates that the influx of income it will reach according to the list of measures it presented to the Institutions, will amount to six billion euros.
In a worst case scenario, Athens commits to achieving a primary surplus of 3.1% of GDP while the best case scenario estimates a surplus of 3.9% of GDP.
Ministry headache over T-bills
By Sotiris Nikas
The Finance Ministry is trying to find a solution to cover treasury bills to be issued next Wednesday, while the payment of the next tranche to the International Monetary Fund the following day appears certain.
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ECB's Weidmann says would be tragic if Greece gave up reform drive
Germany's Bundesbank chief, Jens Weidmann, said on Wednesday Greece was still far from the end of its «marathon» reform process and that it would be «tragic» if Athens gave up the economic adjustments it has already made.
Next Monday is D-Day for state funds
March 30 is the date when liquidity reserves will turn negative unless some money comes from Europe
By Sotiris Nikas
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