On the verge of going broke, Greece’s new coalition government is hoping to find financial support from the US and in Moscow.
Greece’s finance minister on April 5 told the International Monetary Fund chief that his country will repay a substantial loan from the organization that is due this week after the government said it might need the money to pay pensions and salaries instead.
Greece’s chaotic coalition government is coming apart at the seams and without a deal with international lenders could likely default.
Speculation has risen again that Greece could be forced to default and pushed out of the Eurozone or new snap elections again as soon as June.
Greek Prime Minister Alexis Tsipras’ upcoming meeting in Moscow with Russian President Vladimir Putin is raising red flags with European Union officials.
Rookie Greek Prime Minister Alexis Tsipras is likely to find a formidable friend in Russian President Vladimir Putin during a Moscow visit.
Prime Minister Alexis Tsipras will be in Moscow April 8-9 to meet Russian President Vladimir Putin with talks that could include a possible loan.
Greece’s ruling Radical Left SYRIZA-led government has lost its credibility with international lenders because of bad politics, unkept promises and foot-dragging.
Supporters of 21 hunger strikers in Greek prisons said they have refused to give up their month-long protest against anti-terrorism laws.
ATHENS – Losing 28 billion euros in withdrawals in the last six months by nervous depositors, Greek banks are getting another 700 billion euros in […]