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Don Gimbel, global portfolio manager of Geneva Advisors in Chicago – who oversees $9 billion – asks, “Why would anybody want to be invested in a controlled market?”

Play video “Greece Crisis: Brain Drain To UK”.

Greek crises has many unanswered questions and silent reservations, where the bailout plan of €86 billion could still be scraped and further developments may experience criminal proceedings, regarding the former finance minister.

If the talks are not completed in time, European authorities may have to provide further temporary financing as they did with a July bridge loan, though Avgi said that possibility had not been discussed with lenders.

Mr. Gkoutzinis added that for investor confidence in the Greek market to be rekindled, the risk of Greece exiting the eurozone, and the risk of Greece defaulting on its financial liabilities would need to be off the table “once and for all”.

An IMF official said the Fund would approve new loans for Greece only if Athens reached a deal with European governments that would ensure it can pay its debts, and there was “no expectation” that talks over the next couple of weeks would get to the point where the...

The global Monetary Fund can not participate in another Greek bailout until Greece and its creditors make hard decisions on economic reforms and debt relief, a fund official said Thursday.

But a European source said it was not yet confirmed that the talks would begin Friday, adding that at most “only a few people” from the so-called troika of creditors would arrive before the weekend.

ATHENS, July 31 Greece’s ruling Syriza party on Thursday backed a call from Prime Minister Alexis Tsipras for an emergency party congress, as he sought to assert authority following a revolt by hardliners on his handling of bailout talks. European governments have resisted...

“This would have created a parallel banking system, which would have given us some breathing space, while the banks would have been shut due to the ECB’s aggressive policy”, Varoufakis was quoted as saying.

The senior official said Thursday that it was already understood that detailed plans for debt relief would not come for some months during the current first stage of developing the new plan.

“We are satisfied with the smooth and constructive cooperation with the Greek authorities, and that should now allow us to progress as swiftly as possible”, Mina Andreeva, a European Commission spokeswoman, said in Brussels.

“I would be the last person to want elections, if I had the secured parliamentary majority to make it through to the end of the four-year term”, he said in an interview with Sto Kokkino radio station.

Meanwhile, five separate suits have been put forward against a team of experts, including the world-renowned economist James Galbraith, whom Mr Varoufakis allegedly drafted in earlier this year to help to hatch the plan. However, the Greek Parliament may decide to overturn that...

Greece’s Supreme Court has forwarded complaints filed by a prosecutor and a mayor to parliament.