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Greece Bai... Featured News
Investors offer about 30 billion euros in Greek debt buyback: source
Greek debt buy-back will not apply to Greece's pension funds: PM
Merkel acknowledges Germans' frustration on Greece
Greeks vote for more economic pain
Greece, creditors inch toward austerity agreement
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Greek Debt Crisis: Summary, Causes, Timeline, Outlook - The Balance
The Greek debt crisis is the dangerous amount of sovereign debt Greece owed the European Union between 2008 and 2018. In 2010, Greece said it might default on its debt, threatening the viability of the eurozone itself.
Reality Check: Have the Greek bailouts worked? - BBC
In 2010, when the Greek debt crisis started, Greece received €110bn (£96bn) in bailout money. And in 2012, the country received a second bailout of €130bn. These loans, from the eurozone and the...
Greek government-debt crisis - Wikipedia
Greece could accept additional bailout funds and debt relief (i.e. bondholder haircuts or principal reductions) in exchange for greater austerity. However, austerity has damaged the economy, deflating wages, destroying jobs and reducing tax receipts, thus making it even harder to pay its debts.
How the IMF’s misadventure in Greece is changing the fund
The IMF now says it will not participate in the latest Greek bailout unless Europe allows debt restructuring on a scale Europe has so far rejected. Strauss-Kahn, who quit the fund in 2011, would...
Explaining Greece’s Debt Crisis - The New York Times
European authorities have authorized handing 7.5 billion euros, or $8.4 billion, in bailout aid to Greece, which will allow the country to keep paying its bills in the coming months.
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