Tag Archive | "Creditors"

3/2/2015: Front Page: Creditors to be consulted over collective bargaining

Greece will consult with its lenders over changes to labor regulations that will reintroduce collective bargaining for Greek workers, Labor Minister Panos Skourletis has told Kathimerini. The government wants to roll back some of the labor market… Full News here – Kathimerini English

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Eurozone approves Greek deal, but creditors voice doubts – as it happened

Eurozone approves Greek deal, but creditors voice doubts – as it happened The decision clears the way to a four-month bailout extension that will avoid the danger of Athens running out of funds, once national parliaments have also given the green light. The decision was taken on a conference call this afternoon, after the … […]

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Greece to miss Monday deadline for sending reform list to creditors

Greece will send its economic reform plans to eurozone finance ministers on Tuesday morning, a government official said, missing a Monday deadline for submitting the list which is a condition for extending the country’s bailout programme. Full News here – Latest News

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Greece and creditors continue talks ahead of Eurogroup meeting

Greek and EU officials met for talks Saturday ahead of a high-stakes show-down over Athens’ demands for a radical restructuring of its massive international bailout programme. Full News here – Latest News

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Traders eye developments with creditors

The last week of November began with minor losses for the Greek bourse’s benchmark as traders are anticipating developments regarding a pending review of the Greek program’s progress by the country’s creditors. With Fitch maintaining Greece’s ‘B’ credit r… … Full News here – Latest News

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Gov’t eyes new relationship with creditors, debt talks

With troika envoys due to return to Athens in the coming days for talks on pending reforms, the government is seeking to finalize its position on key issues with an aim to shifting the debate to the prospects for putting Greece’s relationship with foreign… … Full News here – Latest News

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TAIPED promises creditors 16 tenders by February

State sell-off fund TAIPED pledged on Friday to the country’s creditors that it will have conducted 16 tenders by February with long-term revenues totaling some 1.5 billion euros. These privatization tenders concern the much-publicized projects of the Pir… … Full News here – Latest News

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Athens and creditors largely resolve issue of 2014 fiscal cap, sources say

Greece and its foreign lenders have largely bridged differences over a potential fiscal gap this year, removing a key sticking point holding up talks to release more bailout funds, two sources directly involved in the talks said on Tuesday. The latest rev… … 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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7/1/2013: Front Page: Finmin asks Luxembourg for list of wealthy creditors

Finance Minister Yannis Stournaras has asked his counterpart in Luxembourg, Luc Frieden, to provide him with details of Greek individuals and companies with bank accounts in the country, which has a long tradition of bank secrecy, as part of an ongoing… Full News here – Kathimerini English

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FinMin asks Luxembourg for list of wealthy creditors

Finance Minister Yannis Stournaras has asked his counterpart in Luxembourg, Luc Frieden, to provide him with details of Greek individuals and companies with bank accounts in the country, which has a long tradition of bank secrecy, as part of an ongoing ef… … Full News here – Latest News

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Creditors push for social security contribution reduction

Social security contributions are set to decline by 3.9 percent in the next three years, according to a revised agreement between Athens and its creditors published on Friday by the European Union and the International Monetary Fund. The memorandum also p… … Full News here – Latest News

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Creditors blast Finance Ministry for tax and debt collection record

Greece’s tax collection and monitoring mechanisms are in complete disarray while the political administration is unable move ahead with their restructuring, according to a report by technical experts sent to Greece by the country’s international creditors… … Full News here – Latest News

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2/2/2013: Front Page: Shiarly: No losses for Cyprus’s senior creditors

Cypriot Finance Minister Vassos Shiarly said senior creditors won’t be forced to take losses in a proposed rescue of the country’s banks. Only junior bondholders will face losses in the bailout of Cyprus’s lenders, which may need about 10 billion euros… Full News here – Kathimerini English

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1/19/2013: Front Page: TT split gets green light from creditors

After more than a century, Hellenic Postbank (TT) is poised for major change, as sources have said that on Thursday evening Greece’s creditors approved the business plan of the new bank that will include the healthy part of TT and be passed on to the… Full News here – Kathimerini English

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