Greece

Results for Greece

Merkel, Tsipras Meet Amid Growing Greek Bailout Tension

German Chancellor Angela Merkel on Friday signaled she wouldn’t intervene in the conflict pitching the Greek government against its creditors over its decision to give low-income pensioners a Christmas bonus, The Wall Street Journal reported. The spa ...

Daily Headline - global.abi.org - 12/18/2016 - 16:32 - 0 comments

Bailout Monitors Suspend Debt-Relief Measures For Greece

European bailout monitors have suspended planned debt-relief measures for Greece in response to a surprise move by Athens to spend an extra €600 million on poorer pensioners in breach of its international commitments, the Irish Times reported. Europe ...

Daily Headline - global.abi.org - 12/14/2016 - 22:40 - 0 comments

Greece Heads Toward New Crisis in Debt Saga as Support for Tsipras Slumps

Greece’s crisis is approaching a potential breaking point after a year of relative calm, as a government with declining political stamina confronts creditors’ unyielding demands, The Wall Street Journal reported. The ruling left-wing Syriza party, gr ...

Daily Headline - global.abi.org - 12/12/2016 - 20:45 - 0 comments

Eurozone And IMF Splits Remain Over Greece Rescue

The eurozone and the International Monetary Fund are at loggerheads in their attempts to reach a deal that would allow the IMF to join the EU’s €86bn bailout of Greece, the Financial Times reported. Talks between euro area ministers and the IMF on Mo ...

Daily Headline - global.abi.org - 12/05/2016 - 22:21 - 0 comments

Greek Minister Tsakalotos Says Debt Deal Delay Hurts Greece

Greece’s finance minister Euclid Tsakalotos believes Greece has a good chance of escaping its seemingly endless debt crisis by 2018 – provided it gets a helping hand in coming months from Germany over debt relief, the International Monetary Fund over aus ...

Daily Headline - global.abi.org - 11/20/2016 - 19:22 - 0 comments

Greek Finance Minister Urges Quick Deal on Debt Relief

Greece’s finance minister warned Germany and other creditors to agree on a debt restructuring in coming weeks, or miss the best chance to bring his struggling country’s seven-year crisis to an end. Finance Minister Euclid Tsakalotos’s comments, in an int ...

Daily Headline - global.abi.org - 11/17/2016 - 21:39 - 0 comments

Greek PM Looks To Completion Of Bailout Review Within Weeks

Greece's prime minister told his new cabinet on Sunday that Athens "can and will" conclude its second bailout review in time for long-awaited debt relief talks to begin in December, Reuters reported. Alexis Tsipras reshuffled his governmen ...

Daily Headline - global.abi.org - 11/06/2016 - 21:36 - 0 comments

Protests Over Greek Home Repossessions Prompt Safety Fears

A wave of protests against home repossessions has swept Greece in recent weeks, prompting fears for the safety of workers carrying out the forced transfers and threatening plans to clean up the country’s banking system, The Wall Street Journal report ...

Daily Headline - global.abi.org - 10/20/2016 - 20:01 - 0 comments

Greece's Lenders To Launch New Review As Athens Digs In On Debt Relief

Greece and its creditors start a fresh round of talks this week on reforming its labour market, a tricky task for a leftist government sliding in opinion polls but needed if the recession-hit state can ever win debt relief, Reuters reported. Prime Minist ...

Daily Headline - global.abi.org - 10/16/2016 - 21:17 - 0 comments

Greece: Hellenic Home Truths

The consensus from countless currency trades is that the harder the Brexit, the poorer the British and the weaker their currency. At least this is easier than having to drive down wages. Greece, another country revealed blow by punishing blow to be poore ...

Daily Headline - global.abi.org - 10/12/2016 - 20:06 - 0 comments

Syndicate content