BRUSSELS (AFP) – Under pressure from the IMF, eurozone finance ministers will consider major debt relief and fresh aid for Greece on Monday despite the deep reservations of bailout-weary Germany. Ministers from the 19-member single currency bloc must confront the
ATHENS, Greece (AP) — A bomb exploded outside a bank in central Athens late Wednesday, causing minor damage to the building but no injuries, authorities said.
ATHENS, Greece (AP) — Greece’s government has called on Germany to drop what it described as “irrational” budget demands in the country’s bailout program, a day after Greece and its European creditors agreed to resume talks on new reforms.
ATHENS, Greece (AP) — The European Union’s financial affairs chief is in Greece for talks on the bailout-dependent country’s slow-moving negotiations with its international creditors.
BRUSSELS (AFP) – Top EU economic affairs official Pierre Moscovici heads to Athens for talks with Greek Prime Minister Alexis Tsipras on Wednesday in an effort to unblock bailout negotiations.
ATHENS, Greece (AP) — An independent Greek parliamentary report has warned that Greece faces an increased risk of a fourth bailout – or even a default – if delays in negotiations with bailout lenders are not overcome in the next few weeks.
BRUSSELS (AFP) – Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.
Left wing demonstrators have rioted, and attempted to attack and firebomb the U.S. embassy in Greece, protesting the visit of outgoing American President Barak Obama.
THESSALONIKI, Greece (Reuters) – A rift between the International Monetary Fund and the European Union on how to address Greece’s debt crisis is damaging for the country, Prime Minister Alexis Tsipras said on Sunday.
BERLIN (Reuters) – The German parliament’s budget committee on Friday voted in favour of releasing the next tranche of aid to Greece from the European Stability Mechanism (ESM) rescue fund, lawmakers said. The budget committee had no objections against unlocking
(AFP) – Greek lawmakers adopted a controversial package of pension cuts and tax hikes as eurozone finance ministers geared up for an emergency meeting Monday to hammer out fresh reforms for Athens to stave off another eurozone crisis. The ministers
ATHENS (Reuters) – International lenders could return to Greece within the first 10 days of March to complete a bailout review, Prime Minister Alexis Tsipras said on Tuesday, a move desperately needed by Athens to move on to debt relief
The euro zone will release the next tranche of loans for Greece as well as money for bank recapitalisation only after Athens implements agreed reforms, euro zone finance ministers said, noting a Greek pledge the conditions would be met this
Moody’s has maintained its deep junk “Caa3” credit rating for Greek government debt, but has upgraded its outlook following recent political breakthroughs. “Moody’s Investors Service has today confirmed Greece’s government bond rating at Caa3 and changed the outlook to stable,”
ATHENS, Greece (AP) — Alexis Tsipras’ left-wing Syriza party battered opponents in a snap general election as Greeks gave the 41-year-old leader a second chance to deal with the country’s staggering debt and carry out major reforms aimed at modernizing
Early this morning Greek MPs voted in favour of a second set of EU imposed austerity measures which will enable an €86 billion (£59 billion) European Union bailout. The reforms include an overhaul of the judiciary system and changes to
“What we need to be emphasizing … especially in the black community … we need to teach people to turn their dollars over on their own community,” Carson suggested. “Churches are places of great potential healing and insight in our society … there is such a thing as God’s word,” he said explaining he believes the church can teach America what is right and what is wrong.
Despite endless promises to the contrary, British money will be used to help rescue Greece in a bid to keep the Euro currency alive. Almost £850 million of British taxpayers’ money is to be handed over after Brussels decided that a
Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the
Vladimir Putin is reportedly reaching out to Greek leaders to try to affect the outcome of the recent crisis. On Sunday, Greek voters once again defied European leaders and voted against approving new austerity measures.
The value of the euro compared to major peer currencies is already dropping as the financial effects of the Greek ‘No’ vote in Sunday’s referendum filter into the global market. With analysts predicting banks facing funding crises and individuals unable to take their money from ATMs, volatility is set to reign for some time.
Greek banks have been shut since Monday, and the system faces collapse if the European Central Bank (ECB) declares them insolvent should Greece refuse to pay back its debts.
