Tag Archive | "bailout"

After troika deal, Greek coalition aims to secure next bailout tranche on April 1

After reaching an agreement with the troika on Tuesday, the Greek government now has to prepare legislation for the reforms it agreed with its lenders in the hope that the disbursement of at least 10 billion euros in loans will be approved at an informal … … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

2/3/2014: Front Page: Bailout actions pile up

Greece is behind in the implementation of 153 actions demanded by its lenders, according to a timetable compiled by the Finance Ministry, Kathimerini has learned. Of the outstanding actions, 57 are the responsibility of the Finance Ministry, 17 fall… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Greece has long list of bailout actions still pending

Greece is behind in the implementation of 153 actions demanded by its lenders, according to a timetable compiled by the Finance Ministry, Kathimerini has learned. Of the outstanding actions, 57 are the responsibility of the Finance Ministry, 17 fall to th… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Bailout creditors start new austerity talks in Greece amid protest

Representatives of Greece’s bailout creditors received an earful on the first day of new talks on the financially battered country’s austerity program. Armed with a bullhorn, a few dozen civil servants chanted anti-austerity slogans Tuesday outside the ro… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Cyprus central banker faces fresh pressure over bailout

The embattled head of Cyprus’s central bank was plunged into a new controversy on Wednesday after lawyers alleged foreign consultants employed to help with an international bailout of the country earlier this year were seeking fees of nearly 5 million eur… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

10/21/2013: Front Page: No bailout if new cuts demanded

Greece will not agree to a new bailout if the troika demands more austerity measures as part of the deal, Finance Minister Yannis Stournaras has told Kathimerini. The Greek finance chief said that negotiations regarding Greece’s fiscal gap, financing… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

No bailout if more austerity measures are demanded, says Stournaras

Greece will not agree to a new bailout if the troika demands more austerity measures as part of the deal, Finance Minister Yannis Stournaras has told Kathimerini. The Greek finance chief said that negotiations regarding Greece’s fiscal gap, financing shor… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

IMF was originally split on the purpose of the Greek bailout

Nearly one in three member states of the International Monetary Fund (about 40 countries) expressed serious doubts about the point and the sustainability of the Greek bailout program in 2010, stressing the need for a reduction of the country’s public debt… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

9/14/2013: Front Page: Eurogroup waves through Cyprus bailout tranche

An informal meeting of eurozone finance ministers on Friday hailed the progress made by Nicosia on its fiscal adjustment program and approved the disbursement of 1.5 billion euros of bailout funds by the end of the month. “The Eurogroup welcomes the… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

9/7/2013: Front Page: Cypriot Parliament approves bailout condition

NICOSIA (Reuters) – The Parliament of Cyprus yesterday approved key legislation bringing its cooperative banks under the direct supervision of the central bank, narrowly avoiding a rejection which would have placed a 10-billion-euro bailout pro- In… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

9/7/2013: Front Page: Troika reminds Greece of its bailout pledges

A reminder about the reforms needed for Greece to receive its next EU-IMF bailout tranche arrived on the government’s doorstep yesterday as the troika provided Athens with the latest translated version of its memorandum of understanding. Greece is due… Full News here – Kathimerini English

Read the full story

Posted in Local NewsComments (0)

Troika reminds Greece of its bailout pledges

A reminder about the reforms needed for Greece to receive its next EU-IMF bailout tranche arrived on the government’s doorstep Friday as the troika provided Athens with the latest translated version of its memorandum of understanding. Greece is due to rec… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Dijsselbloem blasted for comment on third Greek bailout

Dutch Finance Minister Jeroen Dijsselbloem endured a torrent of criticism last week after a newspaper report suggested he had agreed with German counterpart Wolfgang Schaeuble that Greece will likely need a new bailout next year. Opposition parties pounce… … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

Schaeuble says Greek bailout shocker was designed to bring clarity

German Finance Minister Wolfgang Schaeuble said on Thursday that his blunt comments earlier in the week that Greece would need a third bailout had been aimed at reassuring people who feared the government was hiding bad news before next month’s election. … … Full News here – Latest News

Read the full story

Posted in Local NewsComments (0)

8/22/2013: Front Page: ECB douses bailout talk

European Central Bank official Joerg Asmussen attempted yesterday to douse talk of a third Greek bailout or further debt relief as Greece’s plight became a leading topic in Germany after Finance Minister Wolfgang Schaeuble admitted that Athens would… 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!

Sign in with:
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