Tag Archive | "bailout"

12/11/2014: Front Page: First step in approval of bailout extension

The Euro Working Group (EWG) yesterday approved Greece’s request for a two-month extension to its bailout as German Finance Minister Wolfgang Schaeuble suggested that an agreement on a precautionary credit line would not be reached until the current… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

No decision on Monday on Greek bailout extension, says Moscovici

Euro zone finance ministers will take no decision on Monday on any extension of Greece’s bailout program, which expires at the end of the year, the bloc’s top economics official said. The European Union is considering extending the current bailout by six … … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

12/5/2014: Front Page: Only short extension to bailout will do for gov’t

Greece insisted yesterday that it is only examining the option of extending its bailout for a few weeks rather than months despite some eurozone countries declaring their support for a six-month prolongation at yesterday’s meeting of the Euro Working… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Eurozone mulls extending Greek bailout until mid-2015

Euro zone ministers are considering extending the Greek bailout, due to end this year, by six months to the middle of 2015, to allow Athens more time to comply with the conditions for the disbursement of the remaining money, a document showed. But extend… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

12/4/2014: Front Page: Bailout extension likely

Greece is preparing its response to the troika after the country’s lenders demanded a firmer commitment from Athens on fiscal and structural measures, which likely means that the current bailout will have to be extended by at least a month so an… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Greece says EU/IMF bailout exit could be delayed for ‘technical’ reasons

Greece may have to delay by a few days or weeks its planned exit from an EU/IMF bailout by the end of the year, the country’s deputy prime minister said on Thursday, citing “technical reasons.” Greece is running short of time to clinch a deal on its final… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Could 2015 bring another bailout loan?

Some say history does not repeat itself, but others, like Nietzsche, disagree. By choosing to seek the election of a new president by Parliament in February 2015 rather than early elections, as former conservative Premier Costas Karamanlis did in 2009 whe… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

December 8 Eurogroup seen as decisive for Greek bailout exit

The Greek government felt encouraged Tuesday by European Economic Affairs Commissioner Pierre Moscovici (photo) pointing to the December 8 Eurogroup as a key date for deciding how Greece’s relationship with the troika should evolve. Sources said that the … … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

11/1/2014: Focus: Cyprus ruling opens way for bailout funds

NICOSIA (AFP) – The Supreme Court of Cyprus yesterday ruled as unconstitutional four bills on bank foreclosures whose passage by Parliament prompted international lenders to halt payments on the country’s 10-billion-euro bailout. The decision should… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

10/25/2014: Front Page: No decisions yet on Greek bailout, says Samaras

The European Unionleaders’ summit concluded in Brussels yesterday without any concrete decisions having been taken about Greece’s economic future despite Prime Minister Antonis Samaras holding a series with top officials. “Nothing has been decided… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Greece’s lenders seem adamant that gov’t must act on bailout commitments

The troika’s technical teams are due to return to Athens on November 4 but Greece’s lenders are expecting a response from the government next week before the mission heads continue negotiations, Kathimerini understands. The European Commission, the Europe… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Greece might get more credit from EU after bailout exit

Greece might secure a further safety net of credit from its eurozone partners if it manages to meet the strict terms required to exit its bailout at the end of this year, a source close to discussions told Reuters yesterday. Discussions with Greece, which… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Greek yields hit two-month high, early bailout exit plan cited

Greek government bond yields rose to their highest level in almost two months on Monday as Athens’ plans for an early exit from the country’s bailout programme raised concerns about its future financing and debt relief. Prime Minister Antonis Samaras last… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Greece sees early exit from EU/IMF bailout, PM says

Greece can exit its EU/IMF bailout earlier than expected and can cover its own funding needs next year, Prime Minister Antonis Samaras said in Berlin on Tuesday after meeting German Chancellor Angela Merkel. Greece has returned to the debt markets success… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

9/10/2014: Front Page: PM sees no third bailout

Prime Minister Antonis Samaras yesterday sought to douse renewed speculation about the possible need for a third rescue package for Greece, insisting that the country could manage without additional loans from its European partners. Addressing a joint… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Submit Your Photo Of Athens

Share A Story/ Photo of your city!

Title:
Text: (Type story here, it will show as text under the photo)
Picture: (will be re-sized automatically)
Tags: (add comma separated tags here)

 

You agree to these terms & conditions when posting!

English + no HTML please. We email you once your post is live.

Advanced submission/ Mobile users