Gikas Hardouvelis

ESM's chief says EU, IMF in no mood for a Greek debt haircut

Greece's international creditors have no appetite for considering a haircut as a way to lighten its debt load, the head of the European Stability Mechanism, the euro zone's bailout fund organization, told Greek Sunday newspaper Realnews.

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Greece sees return to growth in the third quarter

Greece expects its economy to grow in the third quarter, its first quarterly expansion since the start in 2008 of a crippling recession that has wiped out nearly a quarter of GDP, its finance minister said on Saturday.

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