German president says Berlin should be open to Greek war reparations


BERLIN - German President Joachim Gauck expressed support on Friday for Athens' demands for reparations for the Nazi occupation of Greece in World War Two, even though the government in Berlin has repeatedly rejected the claims.

Ratings agencies say no default if Greece misses ECB, IMF payments

LONDON - Most top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund or European Central Bank, a stance that could keep vital ECB funding flowing into the financial system.

IMF 01 May 2015

Greece signals concessions in crunch talks with lenders

ATHENS - Greece's government signaled the biggest concessions so far as talks with lenders on a cash-for-reforms package started in earnest on Thursday, but tried to assure leftist supporters it had not abandoned its anti-austerity principles. | Video

World 30 Apr 2015

Eurogroup's Dijsselbloem says Europe prepared for any Greek outcome

AMSTERDAM - The head of the Eurogroup said on Thursday that Europe is prepared for any outcome to the standoff between Greece and its creditors.

World, 30 Apr 2015

IMF says next Greek payment to Fund due May 6

WASHINGTON - Greece's next payment to the International Monetary Fund, totaling some 200 million euros in interest payments, is due May 6 because of the May Day holiday in Greece, an IMF spokesman said on Thursday.

World, IMF, 30 Apr 2015

Greece prepares reform bill, lenders seek concessions

ATHENS/BRUSSELS - Euro zone officials sought to wring policy concessions from Greece on Wednesday to unlock urgently needed aid after Athens said it would present a list of reforms for legislation to show it is serious about implementing its promises.

World 29 Apr 2015

Moody's cuts Greece's rating to 'Caa2' as uncertainty rises

ATHENS - Ratings agency Moody's on Thursday cut Greece's credit rating deeper into junk territory due to uncertainty over whether the indebted country will be able to reach a deal with its international lenders in time to meet upcoming debt repayments.

World, 29 Apr 2015

Greece considers selling ports to reach deal with EU/IMF: government source

ATHENS - Greece's government is considering selling stakes in its two largest ports as a concession to reach an agreement with its lenders and unlock bailout funds, a government official said on Wednesday.

World, 29 Apr 2015

Most Greeks want deal with EU/IMF lenders and no referendum: poll

ATHENS - Greeks want their government to make a deal with international lenders to unlock aid and do not favor early elections or a referendum if talks hit an impasse, an opinion poll showed on Wednesday.

World, 29 Apr 2015

Eurogroup's Dijsselbloem says Greece will not make it without aid

AMSTERDAM - The head of the Eurogroup said on Tuesday that a recent shakeup of Greek Prime Minister Alexis Tsipras' negotiating team would not by itself resolve the impasse between Greece and its creditors, and Athens would need new loans to stay afloat.

World 29 Apr 2015

In depth

Greek Prime Minister Alexis Tsipras gestures before his speech during a parliament session in Athens March 30, 2015. REUTERS/Alkis Konstantinidis

Divisions push Tsipras into tightrope act

ATHENS - Few issues sum up the confusion of leftist Greek Prime Minister Alexis Tsipras's first two months in office better than the bewildering saga of the country's biggest port, Piraeus, a bastion of militant trade unionists.  Full Article 

A European Union flag (L) flutters next to a Greek flag on the facade of the Bank of Greece headquarters in Athens April 14, 2015. REUTERS/Alkis Konstantinidis

Greece may have blown best hope of deal

BRUSSELS - Even if it survives the next three months on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.  Full Article 

Greek Finance Minister Yanis Varoufakis and German Finance Minister Wolfgang Schaeuble (L) address a news conference following talks at the finance ministry in Berlin February 5, 2015. REUTERS/Fabrizio Bensch

Ten days that shook the euro

BRUSSELS - The 'rock star' took on the rock. And the rock won. Germany's Wolfgang Schaeuble stopped Greece's new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on terms its government was elected to get out of.  Full Article