Showing posts with label financial aid. Show all posts
Showing posts with label financial aid. Show all posts

July 22, 2015

ECB Welcomes Greek Bank Resolution Bill With Legal Qualms

The European Central Bank welcomed Greece’s draft legislation to bring its bank-resolution rules into line with European Union law, while warning some provisions could harm the independence of the local monetary authority.

April 04, 2015

Exclusive: Greece tells creditors it will run out of cash on April 9


(Reuters) - Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said.

April 13, 2013

The Euro Zone Crisis Is Back - on Multiple Fronts

Europe's finance ministers meeting in Dublin on Friday are facing a renewed crisis on multiple fronts,with a backlash against austerity acting as a gloomy backdrop for negotiations over bailout extensions for Portugal and Ireland, while tackling Cyprus's botched bailout and growing worries about Slovenia.

November 11, 2012

Cyprus talks with lenders as debt sustainability in focus

NICOSIA (Reuters) - Cyprus launched a last-ditch bid with potential lenders on Friday to get financial aid needed before coffers in the tiny euro zone economy start running dry.

September 30, 2012

Slovenia debt to rise but no bailout needed: PM

UNITED NATIONS (Reuters) - Slovenia's economy, saddled by a banking crisis, does not need a financial bailout, even though public debt levels will likely breach European Union rules in two years, Prime Minister Janez Jansa said on Friday.

July 23, 2012

Greece is in a 'Great Depression': PM Antonis Samaras

ATHENS: Greece is in a "Great Depression" similar to the American one in the 1930s, the country's Prime Minister Antonis Samaras told former U.S. President Bill Clinton on Sunday.