Greece

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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

EU Leaders Weigh Plan For Greek Exit From Bailout

Eurozone leaders are weighing a plan to allow Greece to exit its four-year-old bailout at the end of the year by converting nearly €11bn of unused rescue funds into a backstop for Athens for when it raises cash from the markets on its own, the Financia ...

Daily Headline - global.abi.org - 11/03/2014 - 21:33 - 0 comments

Eurozone Discusses ‘Cosmetics’ for New Financial Aid for Greece

Now that Greece has said it will seek a credit line from the eurozone’s bailout fund once its rescue program runs out at the end of the year, the difficult negotiations on how to make the new aid palatable to both Athens and other European capitals have ...

Daily Headline - global.abi.org - 10/30/2014 - 20:37 - 0 comments

E.U. Praise for Greece Fails to Stem Bond Sell-Off

Just a few months ago, Greece appeared to be on the road to recovery. But in recent days it has helped stir up a storm in European bond markets as investors realized that Athens might not be on such a firm path after all, the International New York Tim ...

Daily Headline - global.abi.org - 10/16/2014 - 21:08 - 0 comments

IMF’s Lagarde: Precautionary Credit Line Would Benefit Greece

Greece should have a precautionary credit line to help it regain normal access to bond markets, the head of the IMF said Thursday, The Wall Street Journal reported. “The country would be, in our view, in a better position if it had precautionary supp ...

Daily Headline - global.abi.org - 10/09/2014 - 21:39 - 0 comments

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