Greece

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IMF and Eurozone Explore Cash Lifeline for Greece

Eurozone finance ministers and the International Monetary Fund are exploring a compromise plan for Greece’s bailout that would provide much-needed funds this summer while delaying sensitive talks on debt relief, the Financial Times reported. Diplomat ...

Daily Headline - global.abi.org - 05/23/2017 - 20:48 - 0 comments

Greek Debt Relief Talks Break Down After Seven Hour Eurogroup

Greece’s creditors failed to reach a deal on debt relief during seven hours of talks on Monday night, leaving the eurozone locked in a race to finish negotiations before Athens faces crippling debt repayments in July, the Financial Times reported. Ta ...

Daily Headline - global.abi.org - 05/23/2017 - 00:00 - 0 comments

Greek Parliament Backs Reform Package

Greece’s parliament has narrowly approved an omnibus reform package needed to unlock more than €6bn of bailout aid and open the way for the country’s international creditors to reach a deal on debt relief, the Financial Times reported. Lawmakers from ...

Daily Headline - global.abi.org - 05/18/2017 - 22:09 - 0 comments

Greeks Walk Out in National Strike Over Austerity

Greek unions staged a nationwide strike on Wednesday to protest against fresh austerity measures that parliament is being asked to approve as part of the country’s €86bn international bailout, the Financial Times reported. Civil servants and staff at ...

Daily Headline - global.abi.org - 05/17/2017 - 23:02 - 0 comments

Greek Seamen Extend Strike; No Ferries for 4 Days

Greek seamen and journalists walked off the job Tuesday, a day before a nationwide general strike to protest new austerity measures the government is legislating for in return for more bailout funds, the International New York Times reported on an As ...

Daily Headline - global.abi.org - 05/16/2017 - 22:00 - 0 comments

Appetite for Greek Debt Faces Test

Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new debt three years ago, the Financial Times reported ...

Daily Headline - global.abi.org - 05/14/2017 - 22:28 - 0 comments

Shifting to auctions for renewable energy capacity in Greece

The structure of the support regime for renewable electricity in Greece is changing. In this context the national regulator recently delivered its proposal on the optimal structure of the permanent competitive bidding processes being introduced in Greece ...

Resource Article - twallace@abiwor... - 05/11/2017 - 09:43 - 0 comments - 0 attachments

Greek Bonds Keep on Smashing Post-Bailout Records

of bailouts, has slipped five basis points (0.05 percentage points) to a fresh low of 5.49 per cent ...

Daily Headline - global.abi.org - 05/09/2017 - 22:51 - 0 comments

Greece Agrees Bailout Reforms Deal With Creditors

Greece has wrapped up a deal with creditors on details of reforms to unlock the next disbursement from its €86bn bailout programme, the Financial Times reported. The deal covers a wide range of fiscal and structural measures, from fresh cuts in pensi ...

Daily Headline - global.abi.org - 05/02/2017 - 22:13 - 0 comments

EU Expresses Hope of Greek Bailout Cash Payment Soon

The European Union's head office says Greece is delivering on its fiscal targets and that an agreement to hand more bailout cash to Athens could come next month, the International New York Times reported on an Associated Press story. EU Commissi ...

Daily Headline - global.abi.org - 04/26/2017 - 20:50 - 0 comments

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