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.
Showing posts with label financial aid. Show all posts
Showing posts with label financial aid. Show all posts
July 22, 2015
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.
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