In 2008-2013 Greece suffered an extraordinary economic decline, from which it has not yet recovered. For a while, the idea of exit from the Eurozone gained ascendancy,…

The former Minister of Finance Yanis Varoufakis claimed that he threatened Greece’s European creditors with a departure from the Eurozone, with the agreement of Prime Minister Alexis…

Cyprus on Thursday concluded its multi-billion-euro bailout programme with the European Union's rescue fund as it battles back from a financial crisis that ravaged its banking sector.…

Although the idea of Greece taking a five-year “time-out” from the euro was first made public at the July 11 Eurogroup last year, German Chancellor Angela Merkel…

German Finance Minister Wolfgang Schaeuble brought up indirectly the Grexit issue speaking at an event in Hamburg. Mr. Schaeuble expressed the view that Greeks would have suffered…

The governor of the Bank of Greece Yannis Stournaras was adamant that the possibility of ‘Grexit’ is “a closed chapter”, in an interview he gave to the…

One in two Greeks fear the situation in their country will degenerate in 2016 rather than improving, according to a new opinion poll, which found that six…