Tag Archive | "bailout"

Athens delivers latest bailout plan

Athens delivers latest bailout plan Athens handed over a more detailed plan for revising its bailout program to the eurozone and the International Monetary Fund, its latest bid to unlock bailout lending while rewriting the program as promised by the country's anti-austerity government. Full News here – Read more on The Australian

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Greek bailout deal possible by end April, Tusk says

A deal on Greeces bailout is possible before the end of April, EU Council President Donald Tusk said Tuesday as Athens continued tough talks with its Full News here – Latest News

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Fitch downgrades Greece amid bailout uncertainty

Ratings agency Fitch has downgraded Greeces sovereign rating amid growing uncertainty over the new government’s pledge to overhaul reforms needed to restart bailout loan payments and avoid default. Full News here – Latest News

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Greek finance minister angered over missing copy of bailout

Greek finance minister angered over missing copy of bailout Greek Finance Minister Yanis Varoufakis attends a parliament session before the vote of an anti-poverty bill, the first piece of legislation from the left-wing government, in Athens, on Wednesday, March 18, 2015. Tsipras insisted Wednesday his … Full News here – Read more on Belleville News […]

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3/14/2015: Front Page: Cyprus won’t need full EU bailout package

NICOSIA (AFP) – Cyprus will not need all of the 10-billion-euro bailout it received in 2013 as its economy is recovering faster than expected, the country’s finance minister told AFP. “[The economy] is much better, but I’m not saying that it is good,”… Full News here – Kathimerini English

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Premature to talk about 3rd Greek bailout, EU’s Juncker says

It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, Full News here – Latest News

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Greek gov’t searches for funds amid fresh speculation about third bailout

The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Full News here – Latest News

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Mixed messages on third Greek bailout talks

Eurozone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain’s economy minister said on Monday, but EU officials said there were no such talks. Full News here – Latest News

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German lawmakers approve extension of bailout program for Greece

German lawmakers approved an extension of Greece’s loan program after Chancellor Angela Merkel’s coalition staved off dissent from bailout-weary members in its own ranks. With Merkel’s government holding a majority of almost four- fifths and opposition lawmakers adding their votes, 542 voted to approve the measure, 32 voted against and 13 abstained. Full News here […]

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Restive Bundestag to approve Greek bailout extension

Germany’s parliament will vote on Friday on the extension of Greece’s bailout by four months and will duly back it though we can expect some grumbling from a clutch of lawmakers. Full News here – Latest News

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Independent Greeks seek parliamentary probe into bailout deal

Independent Greeks, the country’s junior coalition partner, will submit a request for a parliamentary probe into the events that forced Greece to sign the first bailout agreement. Full News here – Latest News

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Greek bailout deal faces review by euro officials next week

Euro-area finance ministers reached a provisional deal intended to keep aid flowing to Greece in return for a commitment to budget targets, buying time to work out the detail of longer-term Greek financing. Full News here – Latest News

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Draft accord reached on bailout extension text, officials say

Eurozone finance ministers have drafted a common text with Greece that Greek and eurozone officials said on Friday could form the basis for an agreement to extend Athens’ bailout package. Full News here – Latest News

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Austrian Finance Minister says Greece must respect bailout terms

Austrian Finance Minister Hans Joerg Schelling was quoted by a newspaper as saying Greece must complete its current bailout package before any new program can be agreed, in comments which his ministry said came before he saw Greece’s latest loan request. Full News here – Latest News

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Greek request letter for bailout extension

Following is the text of a letter sent by Greek Finance Minister Yanis Varoufakis to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurogroup of eurozone finance ministers. The letter was seen by Reuters on Thursday: Full News here – Latest News

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