Tag Archive | "bailout"

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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