Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

Friday, August 14, 2015

Greece to get 6 bln euros in bridge loans if no agreement at Eurogroup -report

Aug 14 Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for the meeting.

Wednesday, July 15, 2015

EU Populists Vindicated by Tsipras’s Struggle Take Aim at Euro

Just because Alexis Tsipras had to bow to pressure from creditors, don’t expect the European Union’s renegade movements to give up their struggle anytime soon.

Monday, July 13, 2015

Euro zone demands more from Greece, delays decision on aid

BRUSSELS (Reuters) - Skeptical euro zone finance ministers demanded on Saturday that Greece go beyond painful austerity measures accepted by Prime Minister Alexis Tsipras if he wants them to open negotiations on a third bailout for his bankrupt country to keep it in the euro.

Friday, July 03, 2015

Greece crisis: Eurozone rules out talks until after referendum

Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday.

Friday, June 26, 2015

Greek debt talks go into weekend as default deadline looms

BRUSSELS (AP) — The bitter standoff between Greece and its international creditors was extended into the weekend, just days before Athens has to meet a crucial debt deadline which could decide whether it goes bankrupt and gets kicked out of the euro currency club.

Saturday, June 20, 2015

Greece Buys Time From ECB as Tsipras Says Country Will Prevail

Greece secured a few more days of financial breathing space from the European Central Bank, as Prime Minister Alexis Tsipras said on a visit to Russia that his country can survive its current crisis.

Tuesday, June 16, 2015

Greek talks must yield imminent agreement, says European Central Bank

Mario Draghi, the president of the European Central Bank, has warned that time is rapidly running out to resolve the Greek debt crisis, as financial markets took fright at the prospect of a looming default.

Monday, June 08, 2015

Golbal Economy Weekahead: Pick-up continues as Greek drama plays on

LONDON (Reuters) - Economic indicators are this week expected to show signs of continued, if modest, progress in much of the world -- all of which could be blown off course if the standoff between Greece and its lenders leads to a rupture in the euro zone.

Thursday, June 04, 2015

Alexis Tsipras to face take-it-or-leave-it ultimatum from lenders over debt offer

The Greek prime minister, Alexis Tsipras, will be presented with what is expected to be a take-it-or-leave-it plan on Wednesday after five months of drama-filled negotiations to keep his debt-stricken country afloat.

Friday, May 15, 2015

One more risk for Greece right now

Greece's anti-austerity government may think it's being squeezed by its international lenders but that could be nothing compared to the pressure it faces from the country's voters, experts warn.

Tuesday, April 28, 2015

Gold Advances as Data Clouds Rate Outlook Before FOMC Meeting


Gold rebounded from the lowest level in five weeks as conflicting U.S. data clouded the outlook for higher rates before Federal Reserve policy makers meet this week and investors boosted holdings of the metal. Silver surged.

Monday, April 06, 2015

Get up to speed with the Greek debt crisis 3.0

The Godfather. Lord of the Rings, and Star Wars. Great dramas come in trilogies and Greece's debt crisis is no exception. After bailouts in 2010 and 2012, Greece is once again edging towards financial collapse. Here is what you need to know to get up to speed with the third installment of the Greek thriller.

Saturday, February 21, 2015

Crunch talks on new Greek bailout under way

The German and Greek finance ministers are holding talks with IMF and Eurogroup chiefs ahead of a meeting of eurozone finance ministers on Friday.

Tuesday, January 27, 2015

IMF's Lagarde rules out special treatment for Greece

(Reuters) - Greece must respect the euro zone's rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine Lagarde said in a newspaper interview on Monday.

Sunday, August 31, 2014

ECB ready to adjust monetary policy, Coeure says in Greek paper

(Reuters) - The European Central Bank is ready to adjust its monetary policy further if needed and boost bank liquidity, ECB executive board member Benoit Coeure said in an essay published in Greek newspaper Ta Nea on Saturday.

Wednesday, July 09, 2014

Greece Resists Troika on Third Bailout as Draghi Protests Delays

Greece fought off calls to consider a third bailout as European Central Bank President Mario Draghi warned that the pace of economic fixes is slowing, officials said after euro-area finance ministers met yesterday.

Monday, June 23, 2014

IMF considers asking for longer debt maturities in bailouts

(Reuters) - The International Monetary Fund should ask private bondholders to hold onto the debt of financially distressed countries for longer, as the global lender seeks to improve its sovereign debt restructuring strategy, IMF economists said on Friday.

Sunday, May 25, 2014

EU election casts shadow over euro zone as ECB meeting approaches

(Reuters) - Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.

Saturday, November 23, 2013

Eurozone ministers are 'losing patience' with Greece

Eurozone finance ministers are losing patience with Greece, said the head of the Eurogroup, Jeroen Dijsselbloem, as the country submitted its 2014 budget.