Tag Archive | "Creditors"

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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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 Hell… … Full News here – Latest News

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Venizelos calls on partners, creditors not to use Greece as ‘alibi’

PASOK chief Evangelos Venizelos on Wednesday called on the country’s partners and creditors to refrain from using Greece as an «alibi» in the face a broader European crisis, reiterating that the cash-strapped country had «repeatedly taken tough decisions…. … Full News here – Latest News

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Athens is ahead of its creditors

This is the first time that Greece is ahead of developments and is awaiting the eurozone and the International Monetary Fund – its creditors – to meet their commitments and disburse the bailout installments due for the rest of the year, as the government … … Full News here – Latest News

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Front-loaded plan banking on extension from creditors

The midterm fiscal plan for 2013-16 tabled in Parliament by Finance Minister Yannis Stournaras on Wednesday provides for austerity measures worth 18.8 billion euros and will be put to the vote next week. The first two years (2013 and 2014) will witness th… … Full News here – Latest News

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Euro weakens before Samaras meets Greece’s creditors

The euro declined, snapping a three-day advance, amid renewed concerns about the region’s debt woes before Greece’s Prime Minister Antonis Samaras meets officials from the nation’s creditors. The common currency slid against most of its 16 major peers aft… … Full News here – Latest News

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Greece faces new tests as creditors return to Athens – Yahoo Finance

Greece is back in the spotlight this week, as the government’s official creditors return to Athens amid renewed speculation about the nation exiting the eurozone. The so-called troika of representatives from the European Union, International … Full News here – Athens – Bing News

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Creditors arrive in Greece for crucial inspection – Los Angeles Times

ATHENS — With doubts flaring anew over Europe’s ability to  solve its deepening debt and currency crisis, Greece’s international creditors returned to Athens on Tuesday for an inspection that could determine if the near-bankrupt nation … Full News here – Athens – Bing News

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