Showing posts with label Greek government. Show all posts
Showing posts with label Greek government. Show all posts

June 10, 2015

Greece deal nears as PM warns of eurozone collapse

Brussels (AFP) - The EU's top official for the euro said Tuesday that Greece and its creditors could be just days from reaching a bailout deal as Prime Minister Alexis Tsipras warned that failure could sink the eurozone.

May 12, 2015

Greece says deal will be 'difficult' at Eurogroup meeting

Finance Minister Yanis Varoufakis acknowledged that a deal to ease Greece's cash crunch was not likely at a meeting of euro zone finance ministers later on Monday despite progress in talks with lenders on some issues.

February 07, 2015

Greek central bank says 'absolutely no problem' with banks

(Reuters) - Greek central bank governor Yannis Stournaras said on Thursday that Greek banks were solid and under control, a day after the European Central Bank denied them use of Greek bonds as collateral for loans.

November 08, 2014

Euro zone backs ESM credit line for Greece after bailout exit

(Reuters) - Euro zone finance ministers backed on Thursday a precautionary credit line for Greece after the country exits its bailout at the end of the year, in a bid to balance the need to reassure investors with the demands of domestic Greek politics.

June 26, 2014

S&P's Kraemer: euro zone has much to do to cut debt, boost growth

(Reuters) - Euro zone countries still have much work to do to cut debt and boost growth and their credit ratings are unlikely to rise until they get their economies into better shape, a senior Standard & Poor’s official said on Tuesday.

August 29, 2013

Greece eyes fresh aid, but wary of more austerity

Stuck in its debt crisis but confident of progress made after two major bailouts, recession-mired Greece is unsure of what an inevitable third package will look like.

June 06, 2013

IMF On Greece: We Screwed Up But It's Really The Eurozone's Fault

For Euro crisis enthusiasts, today’s IMF review of its Greek program is a real treat. By official standards, the document is thoroughly honest and clear.

April 01, 2013

EU, IMF resisting merger of Greek banks NBG, Eurobank: Paper

ATHENS: Greece's international lenders have asked Athens to halt the merger of National Bank with Eurobank, worried that the resulting lender would be too big for the state to deal with, daily Kathimerini reported on Saturday.

December 19, 2012

Standard & Poor's hikes Greek rating by 6 notches

ATHENS: Standard & Poor's ratings agency on Tuesday upgraded Greece's credit grade by 6 notches, yanking the debt-heavy country out of default but still keeping its devalued bonds in junk status.

December 14, 2012

Greece bailout funds approved

Greece is to get the latest tranche of bailout funds needed to keep the country going, eurozone finance ministers have said.

November 20, 2012

Greece Pushes Through Last Minute Reforms

ATHENS--Greece used special powers to pass a law introducing reforms demanded by international creditors in exchange for the country's next aid tranche in time for Tuesday's Eurogroup meeting.

November 07, 2012

European Union urges Greece to strike deal with creditors

VIENTIANE: European Union president Herman Van Rompuy urged Greece on Tuesday to reach an agreement with its troika of creditors so that it can receive a new financial lifeline.

August 26, 2012

In Euro Crisis, Fingers Can Point in All Directions

FRANKFURT — The debate about how to distribute the cost of preserving the euro often centers on a fundamental question that is unspoken but implicit: Who caused this crisis anyway?

August 23, 2012

Eurozone crisis: Greek PM Antonis Samaras seeks 'breathing space', starting EU talks

ATHENS: Greek Prime Minister Antonis Samaras started a European charm offensive on Wednesday with an appeal to Germans for more time to meet Athens' borrowing obligations, but he may struggle to make his case in a series of meetings this week with EU leaders.

June 20, 2012

Germany to cut Greece slack after vote backs bailout

BERLIN (Reuters) - Germany may cut Greece some slack after its voters backed a pro-bailout party in weekend elections, with officials saying Athens might get more time to meet its savings goals, though longer-term economic reforms were still set in stone.

June 19, 2012

No let-up for Spain, Italy pain from Greek vote

MILAN/MADRID: Any hopes Italy and Spain may have had that the Greek election result would ease pressure on their own debt crises were dashed early on Monday when financial markets reacted as if nothing had changed.