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Greek bail out loan News

Op-Ed: Greek government losing even its symbolic victory

Brussels - Mario Draghim, president of the European Central Bank(ECB), told Greek officials in Brussels that the Greek government must allow technical representatives representing the European Commission, the ECB and the IMF to start work in Athens on Wednesday.

EU withholds part of Greece's bailout loan

Part of an agreed EU bailout loan to Greece that was due to be paid on May 10 has been withheld, as uncertainty regarding a new government grips the country.

Op-Ed: Greek bail out loans are not aid for the Greek people

Austrian Finance Minister Maria Fekter makes misleading statements when she refers to bail out loans to Greece as aid. The funds are not aid dispensed to assist the Greek people, but calculated payments to protect the eurozone and its bankers.

German finance minister indicates Greek default may be averted

Eurozone finance ministers meet in Brussels on Monday to discuss the bail out loan to Greece. Reports indicate that Germany may have bowed to global pressure, as Wolfgang Schäuble said the second aid package may be approved.

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