Greece

Results for Greece

Spanish Official Says Greece Seeking Third Bailout

A political clash between Spain and Greece deepened after a top Spanish official said Greece is negotiating a third bailout with the European Union, a claim denied by a representative of the eurozone’s finance ministers, The Wall Street Journal repor ...

Daily Headline - global.abi.org - 03/02/2015 - 21:36 - 0 comments

Greece Stirs Doubt on Debt Owed IMF

Greece’s cash-strapped government suggested in the past week that it might default on some of the debt it owes the International Monetary Fund in March, which would make it the first advanced economy in the institution’s seven-decade history to fall into ...

Daily Headline - global.abi.org - 03/01/2015 - 20:34 - 0 comments

In Greece, Bailout May Hinge on Pursuing Tycoons

For years, Greece has been trying to attack corruption and tax evasion, from the smallest taverna owner to the nation’s most powerful oligarchs. Now, Prime Minister Alexis Tsipras is vowing to take far more action than previous administrations in crackin ...

Daily Headline - global.abi.org - 02/26/2015 - 20:56 - 0 comments

Greece Struggles to Get Citizens to Pay Their Taxes

Of all the challenges Greece has faced in recent years, prodding its citizens to pay their taxes has been one of the most difficult, The Wall Street Journal reported. At the end of 2014, Greeks owed their government about €76 billion ($86 billion) in ...

Daily Headline - global.abi.org - 02/25/2015 - 21:01 - 0 comments

After Bailout Plan Approval, Greece Faces a Balancing Act

Eurozone finance ministers on Tuesday approved Greece’s plan meant to ease the hardships created by its international bailout, extending that loan program by four more months, the International New York Times reported. In revising the terms of the ba ...

Daily Headline - global.abi.org - 02/24/2015 - 20:50 - 0 comments

Greece’s Leaders Face a Revolt at Home as They Try to Appease Creditors

Greek leaders scrambled on Sunday to come up with a list of proposed changes to the nation’s austerity program that would be acceptable to their creditors by a Monday deadline, even as they faced a revolt by members of their own radical-left party, anger ...

Daily Headline - global.abi.org - 02/22/2015 - 23:21 - 0 comments

Greece’s Request for Loan Extension Is Rejected by Germany

Greece is headed toward a potentially destructive standoff with Europe after Germany rejected a last-minute request on Thursday to extend its loan program, the International New York Times reported. Unless the two sides can bridge their differences, ...

Daily Headline - global.abi.org - 02/19/2015 - 21:36 - 0 comments

Greece to Propose Extension of European Union Bailout Program

Greek officials are planning to submit a proposal to eurozone finance ministers for breaking the impasse in debt negotiations between the new government in Athens and Greece’s European creditors, the International New York Times reported. Athens on T ...

Daily Headline - global.abi.org - 02/18/2015 - 22:12 - 0 comments

Greece to Seek Extension on Loan Agreement, Officials Say

Greece will seek an extension to its rescue deal from the rest of the eurozone Wednesday, two officials with knowledge of the situation said, marking an apparent shift in the standoff between Athens and its creditors, The Wall Street Journal reported ...

Daily Headline - global.abi.org - 02/17/2015 - 22:52 - 0 comments

ECB Unlikely To Turn Off Liquidity Tap For Greek Bank This Week

The European Central Bank is unlikely to pull the plug on emergency funding for Greek banks this week despite a standoff between Athens and its international lenders, according to sources, the Irish Times reported. The ECB’s governing council meets o ...

Daily Headline - global.abi.org - 02/17/2015 - 22:53 - 0 comments

Syndicate content