Results for Greece
- I.M.F. Torn Over Whether to Bail Out Greece Once Again
As the International Monetary Fund approaches the seventh anniversary of the contentious Greek bailout, it is torn over whether to commit new loans to a nearly bankrupt Greece, the International New York Times reported. For more than a year, I.M.F. o ...
Daily Headline - global.abi.org - 04/23/2017 - 19:01 - 0 comments
- Greece Hits a Bailout Target. The IMF Is Not Convinced
bailout target was for a primary surplus of 0.5 percent of GDP. In spite of its better-than-expected ...
Daily Headline - global.abi.org - 04/20/2017 - 21:37 - 0 comments
- Stop Pretending on Greek Debt
Greece and its creditors say they’ve made progress in their endless negotiations over the country’s debts -- enough to avoid a default on payments worth more than 7 billion euros in July, a Bloomberg View reported. That’s good, but it was the easy part. ...
Daily Headline - global.abi.org - 04/13/2017 - 22:34 - 0 comments
- IMF Chief Lagarde Says 'Halfway' There on Greek Bailout Talks
International Monetary Fund chief Christine Lagarde said on Wednesday Greece was heading in the right direction on reforms, but talks on its bailout review and the IMF's potential role in it were "only halfway through". Last week, euro zon ...
Daily Headline - global.abi.org - 04/12/2017 - 21:46 - 0 comments
- Debt Relief for Greece, Without Writing Off a Single Euro of Principal
The agreement reached by the eurozone finance ministers in Malta last week on the tax and pension measures to be enacted this year that will take effect in future years comes as a huge relief; without it, Greece won’t receive the next tranche of its €86b ...
Daily Headline - global.abi.org - 04/11/2017 - 22:23 - 0 comments
- Greece Strikes Deal On Economic Reforms With Bailout Monitors
Greece has reached a deal on economic reforms with the monitors of its €86bn bailout, paving the way for the country to keep getting money from the programme, the Financial Times reported. The agreement centres on tax and pension reforms that Athens ...
Daily Headline - global.abi.org - 04/09/2017 - 18:01 - 0 comments
- The Scale Of Greece’s Economic Problems
As Greece continues talks with creditors over the next stages of its international bailout programme, Donald Tusk, president of the European Council, has warned that it is “no success story” yet. Further discussions will take place at the meeting of EU f ...
Daily Headline - global.abi.org - 04/06/2017 - 19:53 - 0 comments
- Greece Says a Deal on Unfreezing the Bailout Is Close
Top Greek and European officials indicated Wednesday that it's possible to reach a breakthrough in the country's difficult bailout talks over the next two days, the International New York Times reported on an Associated Press story. Greece& ...
Daily Headline - global.abi.org - 04/05/2017 - 21:19 - 0 comments
- Greek Budget Surplus Will Exceed 3% in 2016
The Greek government is on course to significantly exceed its creditor budget targets, the EU’s economics chief has said, as he warned Athens’ stuttering economic recovery was a risk of derailing from a long-running delay over its bailout. Addressing MEP ...
Daily Headline - global.abi.org - 04/04/2017 - 22:02 - 0 comments
- Greece Pursues Pension and Labour Reform Deal to Unlock More Aid
Greek ministers and the country’s bailout monitors were on Tuesday trying to strike a deal on the pension and labour market reforms needed to unlock further financial aid, the Financial Times reported. With the clock ticking down to more than €6bn in ...
Daily Headline - global.abi.org - 04/04/2017 - 22:06 - 0 comments