Greece

Does Europe need a default? As euro-zone leaders work to defuse the dangerous debt crisis that is raging at their periphery, more and more observers seem to believe that part of the solution should be a major cut in the face-value of outstanding Greek an ...

Daily Headline - global.abi.org - 03/01/2011 - 08:02 - 0 comments

Violent clashes between protesters and the police broke out here in the capital on Wednesday, as the two main labor unions staged the first general strike of the year against the government’s austerity drive, paralyzing public services and disrupting tra ...

Daily Headline - global.abi.org - 02/24/2011 - 08:39 - 0 comments

An indignant Greece slammed EU and International Monetary Fund inspectors overseeing its efforts to reform its debt-crippled economy, accusing them Saturday of overstepping their role and interfering in Greece's internal affairs, the Associated Pres ...

Daily Headline - global.abi.org - 02/14/2011 - 08:16 - 0 comments

Greece was in talks with other European countries in an effort to lower interest rates on a rescue loan package worth a total euro110 billion ($146 billion), the finance minister said Wednesday. Greece has already received support from countries using th ...

Daily Headline - global.abi.org - 01/20/2011 - 09:26 - 0 comments

Greece's prime minister sought to allay investor concerns over the country's staggering debt burden Thursday, saying the country isn't in talks to restructure government debt held by private bondholders and will return to the bond markets ...

Daily Headline - global.abi.org - 01/07/2011 - 09:36 - 0 comments

Wind Hellas Telecommunications SA’s bondholder-led plan to restructure the company by injecting 420 million euros ($555 million) and writing off debt in exchange for control of the company was approved by a London court, Bloomberg BusinessWeek reported. ...

Daily Headline - global.abi.org - 12/09/2010 - 09:07 - 0 comments

ATEBank will reduce its workforce by 1,000 persons, cut payouts by 10%, shut down branches and sell all its non-bank holdings as part of its restructuring plan, Capital.gr reported. The state run bank will go through a triple merger with the Loans and Co ...

Daily Headline - global.abi.org - 12/02/2010 - 10:09 - 0 comments

Greek deputy Prime Minster Theodoros Pangalos said on Sunday that in theory debt restructuring should not be completely disregarded for the heavily indebted nation but that deficits need to be dealt with first, Dow Jones reported. In an interview with lo ...

Daily Headline - global.abi.org - 11/02/2010 - 07:49 - 0 comments

The cost of insuring Greek government debt against the risk of default jumped Wednesday, underscoring investor concerns about the heavily indebted country less than two weeks ahead of a key national election, The Wall Street Journal reported. The ann ...

Daily Headline - global.abi.org - 10/28/2010 - 08:09 - 0 comments

(Athens, Europe, Greece) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Athens,Europe,Greece ...

Resource Article - abi_editor - 10/26/2010 - 15:06 - 0 comments - 1 attachment