Greece repaid a roughly 450 million euro ($485-million) loan instalment to the International Monetary Fund due April 9 — easing concerns, for now, of a potential default as Athens faces a cash crunch.
Greek-American financier Jamie Dimon of JPMorgan Chase & Co. said there is still a likelihood that Greece will be forced out of the Eurozone.
Greece’s government has given the order to repay a 450 million euro ($485-million) loan installment to the International Monetary Fund.
WASHINGTON – Greece’s finance minister on Sunday told the International Monetary Fund chief that his country will repay a substantial loan from the organization that is […]
The government will not raise the VAT in tourism and staple goods, according to a document co-signed by Finance Minister Yanis Varoufakis and Alternate Finance […]
International lenders aren’t satisfied with the newest list of Greek reforms and won’t release a delayed 7.2-billion euro installment.
Despite producing several vague outlines as reform offers, the lists aren’t satisfying international lenders, nor many in the world press.
While many analysts think Greece leaving the Eurozone would be a disaster, billionaire investor Warren Buffett said it wouldn’t be so bad.
With the loss of some 28 billion euros in yanked deposits since last October, Greek banks are hoping for more aid from the European Central Bank.
After showing some signs of a weak comeback, Greece’s jobless rate is on the way up again, hitting 26 percent in December.