Greece is bankrupt: it must break free from its economic prison

It is time to admit a basic truth: Greece is insolvent. Its national debt is falling, albeit very slightly, but its economy is shrinking even faster. We knew all ...

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Why the IMF has betrayed its crucial mission in Greece

The International Monetary Fund is in very serious trouble. Events have reached a point in Greece where the fund's own credibility and long-term survival are at stake. The Greeks are not withholding a €300m payment to the IMF because they have run out of ...

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German divisions over Greek approach

The “them”, presumably, is the Greek government, which has deferred a big IMF payment as it fights hard for a new new round of bailout funds from its ...

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Greek PM Alexis Tsipras between rock and hard place as clock ticks on deal

ATHENS: Greek Prime Minister Alexis Tsipras is facing a showdown both with international creditors and dissenters in his party as his government ...

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Rival offers: How bailout plans from Greece and creditors compare

But since Greece is projected to post a 0.7 per cent deficit this year, that means a lot of austerity would still need to take place. Greece would need to ...

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The 20 photographs of the week

The migrant crisis in Greece and Burma, violence in Syria and Burundi, a monkey in makeup and hungry dolphin – the best photography in news, culture and sport from around the world this week Continue reading...

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'Conclusive solution needed' for Greece and Europe, says Tsipras

Greek Prime Minister Alexis Tsipras told parliament in no uncertain terms that a cash-for-reforms plan outlined by the European Commission is both ...

READ THE ORIGINAL POST AT www.euronews.com