Greece

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Greek Crisis 2.0 Leaving Other Bailout Patients Unscathed

Greece is again the word in financial markets. For now, though, the crisis vocabulary doesn’t include Ireland, Portugal, Spain or Italy. Greece Crisis 2.0, coming five years after it sent the first shockwaves through Europe, may prove less infectious this time thanks to nations’ improved finances and the ...

Daily Headline - global.abi.org - 12/11/2014 - 21:56 - 0 comments

Black Tuesday In Greece As Markets Plummet Amid Election Fears

Greek financial markets plummeted on Tuesday as investors took fright at the premier's decision to hold a no-confidence vote in his administration fuelling fresh political instability and fears of the radical Syriza party taking power, The Indepen ...

Daily Headline - global.abi.org - 12/09/2014 - 22:24 - 0 comments

Greek Lawmakers Approve 2015 Budget

will record only a minor budget deficit of €338 million—equivalent to just 0.2% of gross domestic ...

Daily Headline - global.abi.org - 12/07/2014 - 21:35 - 0 comments

Tsipras Brings Up German Guilt in Push for Debt Writedown

Four months before he aims to become prime minister of Greece, Alexis Tsipras is using the example of Germany’s post-World War II debt relief to bolster his case for a writedown on his country’s liabilities toward euro area member states and the European ...

Daily Headline - global.abi.org - 12/02/2014 - 22:51 - 0 comments

Thousands Take Part in General Strike Over Greek Austerity Measures

Thousands of workers, students and pensioners marched through central Athens Thursday as part of a 24-hour nationwide general strike called by the country’s two biggest unions to protest against the government’s austerity program, The Wall Street Journ ...

Daily Headline - global.abi.org - 11/27/2014 - 19:35 - 0 comments

Greek Officials Hold Fresh Talks With Troika as Deadline Approaches

Greek officials held a fresh round of talks with international inspectors in Paris Tuesday in a bid to jump-start deadlocked talks over Greece’s reform and austerity program as the country fast approached a year-end deadline to hammer out a new financing ...

Daily Headline - global.abi.org - 11/25/2014 - 21:41 - 0 comments

Greece to Negotiate Stalled Review With Troika in Paris

Without action, Greece’s rescue program backed by 145 billion euros ($180 billion) of cheap loans from the ...

Daily Headline - global.abi.org - 11/24/2014 - 21:14 - 0 comments

Greek Budget Forecasts Growth, but Creditors Are Skeptical on Deficit

crisis, grew faster than any eurozone country in the third quarter of this year, expanding 0.7 percent ...

Daily Headline - global.abi.org - 11/23/2014 - 22:58 - 0 comments

Euro Zone Considers Three Bailout Exit Options For Greece

Euro zone finance ministers will consider three options on Thursday for what happens after Greece exits its bailout at the end of the year, seeking to balance the need to reassure investors with the demands of domestic Greek politics. The Greek governmen ...

Daily Headline - global.abi.org - 11/06/2014 - 22:02 - 0 comments

Greece’s Alpha Bank Reports Steep Third-Quarter Loss

Alpha Bank AS, Greece’s fourth largest lender, reported a steep third-quarter net loss Tuesday due to a mammoth voluntary retirement scheme, but otherwise showed an improvement in core operating trends and declining provisions for bad loans, The Wall S ...

Daily Headline - global.abi.org - 11/04/2014 - 23:18 - 0 comments

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