EU/IMF may pay Greece $50 billion euro for exit: document
Each euro zone country will have to prepare a contingency plan for the eventuality of Greece leaving the single currency, euro zone sources said on Wednesday. full story
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Greece, Cyprus Euro Exit?
Debt restructuring for both Cyprus and Greece will probably force the struggling euro zone countries to leave the single currency, according to Citigroup.
cnbc.com (1 month ago)
Greek workers to be fired (Video)
“Greece has indeed come a very long way,” said Poul Thomsen, the IMF's troika representative. “The fiscal adjustment in Greece has been exceptional by any standard.”The EU and IMF have predicted that Greece...
examiner.com (1 month and 4 days ago)
Bank of Greece: Output down 20.1 percent
ATHENS, Greece (AP) — The recession in Greece has cut output by 20.1 percent between 2008 and 2012, but the country's economy is "clearly improving" after avoiding the dangers of a default and euro exit, the governor of the Bank of Greece said Monday.
boston.com (2 months and 25 days ago)
Austerity backlash ‘will push Greece to euro exit’
Greece will leave the eurozone within the next couple of years, despite policymakers’ hopes that the worst of the economic...
thetimes.co.uk (3 days ago)
Greece needs to curb budget cuts to restore growth: IMF
Greece needs in-depth changes to its economy to both meet its fiscal targets and attract investors, the IMF said
financialpost.com (14 days ago)
Angelo Federico Arcelli: Cyprus and Greece: Living in "Hotel California"
Cyprus has -- or, until last week, had -- a lot of banks. It also has a lot of resort hotels. How appropriate that the best encapsulation of its crisis comes from the song, "Hotel California." What the island country's near collapse proved is that once you join the Euro, as the Eagles sang, "you can check out, but you can lever leave." When you have run up an enormous tab,...
huffingtonpost.com (1 month and 16 days ago)
Bank of Greece: Output down 20.1 percent
The recession in Greece has cut output by 20.1 percent between 2008 and 2012, but the country's economy is "clearly improving" after avoiding the dangers of a default and euro exit, the governor of the Bank of Greece said Monday.
miamiherald.com (2 months and 25 days ago)
IMF will contribute 1 billion euros to Cyprus bailout
BRUSSELS (Reuters) - The International Monetary Fund will contribute 1 billion euros over three years to the 10 billion euro bailout for Cyprus, IMF Managing Director Christine Lagarde said in a statement on Wednesday.
reuters.com (1 month and 16 days ago)
Foreign Money Is Revisiting Greece
Foreign investors are returning to Greece as fears of an exit from the euro zone recede, signaling a possible turning point in the country's three-year-long debt crisis.
wsj.com (2 months and 26 days ago)
Foreign Money Flows Back Into Greece
Foreign investors are returning to Greece as fears of an exit from the euro zone recede, signaling a possible turning point in the country's three-year-long debt crisis.
wsj.com (2 months and 26 days ago)
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