Fekter

Austria’s Parliament has decided not to keep profits from its holding of Greek bonds and will return them to Greece in a grant to help the country try to recover from a crushing economic crisis and $390 billion debt. Austrian...

With pessimism and gloom settling over Greece with another pending $14.6 billion in government spending cuts and more austerity measures looming, Finance Minister Yiannis Stournas said he believes that the country will survive and its economy come back. Speaking to...

Greek Prime Minister Antonis Samaras’ hopes that Greece will get an additional two years to make spending cuts and reduce its deficit got support from Austrian Finance Minister Maria Fekter, whose country is one of the 17 in the...