HELSINKI Greece has no option except to make the tough decisions required by its international creditors if it wants to secure more loans and avoid default, the head of the Eurogroup said in an interview with a Finnish newspaper. “If the Greek government can’t... More »
SINTRA, Portugal The president of the European Central Bank called on euro zone countries to reform their economies, warning that future growth, in the face of entrenched unemployment and low investment, will be modest. Although not the first time Mario Draghi... More »
ATHENS Greece emptied an emergency IMF holding account to repay 750 million euros ($839 million) due to the international lender, a Greek central bank official said, avoiding default but underscoring the dire state of the country’s finances. With Athens close ... More »
