IMF walks out of Greece bailout talks
Lender says its negotiating team are going home to Washington due to a lack of progress in narrowing key differences with Athens ...
View ArticleObama urges Greeks to make 'tough political choices' to resolve debt crisis
US president sends clear warning to Athens to compromise with creditors over debt deal, while also calling for flexibility from the international community ...
View ArticleIMF's 'never again' experience in Greece may get worse
BRUSSELS For the International Monetary Fund, five years of playing junior partner in European bailouts for Greece has been a "never again" experience, and the worst may be yet to come. The global...
View ArticleTurkey ruling party weighs options after election blow
ISTANBUL: Turkey's Islamic-rooted ruling party on Monday weighed its future strategy after losing its absolute parliament majority for the first time since winning power 13 years ago, in a stunning...
View ArticleGreece makes new proposals to end bailout impasse
ATHENS, Greece — Greece has made new proposals aimed at ending a long standoff with international bailout creditors and unlocking vitally needed rescue funds, officials in Athens and Brussels said...
View ArticleTurkey's new parliament features 4 key parties
ANKARA, Turkey (AP) -- Four parties will dominate Turkey's 550-seat parliament following Sunday's elections. Here is a sketch of each political force. --- JUSTICE AND DEVELOPMENT PARTY Conservative and...
View ArticleCreditors pile pressure on Greece as IMF withdraws its negotiators - live...
6.24pm BST18:24 — Olaf Gersemann (@OlafGersemann) June 11, 2015 ...
View ArticleTurkey's Financial Markets Plummet on Fears of Political Instability
Dorian Jones ISTANBUL, TURKEY— Turkey's financial markets plummeted Monday following elections in which the ruling Justice and Development Party, or AKP, lost its parliamentary majority. With the...
View ArticleDid the War in Syria Just Become a Regional War?
There are growing indications that the war in Syria has now entered a new and dangerous phase that threatens to engulf the entire Middle East in a broad regional war. The that Iran has sent significant...
View ArticleIMF's "never again" experience in Greece may get worse
* IMF has lent more to Athens than to any other borrower * Fund has never had control of Greek programme * Critics say IMF credibility damaged By Paul Taylor BRUSSELS, June 10 (Reuters) - For the...
View ArticleSigns of breakthrough in Greece impasse emerge
Signs of a possible breakthrough on the Greek impasse emerged from Brussels on Wednesday evening, amid reports that Germany was privately in favour of providing a staggered aid deal to Greece. Despite...
View ArticleMerkel tells Tsipras it’s time to back talk with policy action
German Chancellor Angela Merkel told Greece’s Alexis Tsipras it’s time to back up his good intentions with the policy action required to release aid. During two hours of talks in Brussels that began...
View ArticleStriking conciliatory note, Turkey's Erdogan urges new govt quickly
By Nick Tattersall and Ece Toksabay ANKARA (Reuters) - President Tayyip Erdogan urged Turkey's political parties to work quickly to form a new government on Thursday, saying egos should be left aside...
View ArticleGreek debt deal negotiations to intensify to find a solution
Talks between Greek prime minister Alexis Tsipras and his French and German counterparts yielded no real breakthrough last night, though all sides pledged to intensify efforts to find a solution to the...
View ArticleTurkey's Erdogan urges parties to put differences aside
Making his first televised appearance since the ruling party he founded lost its parliamentary majority, President Recep Tayyip Erdogan asked all political parties to put aside their "egos" Thursday...
View ArticleCat Breed Profile: The Aegean Cats of Greece
An ancient and prolific type of cat lives today in the island ports of Greece. That cat is the Aegean. The Aegean Cat is the only native cat of Greece and is believed to have been domesticated from...
View ArticleGreek debt deal negotiations to intensify
Talks between Greek prime minister Alexis Tsipras and his French and German counterparts yielded no real breakthrough last night, though all sides pledged to intensify efforts to find a solution to the...
View ArticleTranscript of a Press Conference on the Conclusion of the Article IV...
(Source: IMF - International Monetary Fund) Washington, DC Thursday, June 4, 2015 Christine Lagarde, IMF Managing Director Alejandro Werner, Director of the Western Hemisphere Department Nigel Chalk,...
View ArticleTurkey is now plunged into uncertainty
"NEW TURKEY"? The AKP's failure to win an overall majority marks an end to more than a decade of stable single-party rule and is a setback for both Erdogan and Davutoglu. Both men had portrayed the...
View ArticleBacked into corner, Turkey's Erdogan shows hints of compromise
ANKARA The choice of venue seemed to say it all. Straying from his vast new $500 million palace, Turkish President Tayyip Erdogan hosted a senior opposition lawmaker at his more modest Ankara residence...
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