Tag Archive | "Greece"

Greece outlines first anti-poverty measures

Greeces leftist government on Monday outlined a first batch of measures to combat poverty to be approved by parliament in coming days. Full News here – Latest News

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Greece has ways to cover March funding needs, says ministry official

Greece has alternative ways to cover its funding needs for March, a finance ministry official told Reuters on Monday, without specifying the options at hand. Full News here – Latest News

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EU Commission: seeking unity in EU after Spain, Portugal clash with Greece

The European Commission said it was mediating between Spain, Portugal and Greece after Madrid and Lisbon complained to the EU executive about accusations by Greek left-wing Prime Minister Alexis Tsipras’ that they were conspiring against Athens. Full News here – Latest News

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Greece to make international protest over Turkey reserving Aegean air space

Greece is protesting Turkey’s move to reserve a large chunk of airspace over the Aegean Sea for military maneuvers until the end of the year, a Greek foreign ministry spokesman says. Full News here – Latest News

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Greece to prioritize IMF repayments but wants talks on ECB-held bonds, says Varoufakis

Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are «in a different league» and will need discussion with Greece’s creditors, the country’s finance minister said Saturday. Full News here – Latest News

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Schaeuble softens tone, says Greece ‘needs time’

German Finance Minister Wolfgang Schaeuble said Sunday Greece’s new government needs «a bit of time» but is committed to implementing necessary reforms to resolve its debt crisis. Full News here – Latest News

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Greece seeks negotiations on ECB bond repayment

Greece called into question on Saturday a major debt repayment it must make to the European Central Bank this summer Full News here – Latest News

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German lawmakers approve extension of bailout program for Greece

German lawmakers approved an extension of Greece’s loan program after Chancellor Angela Merkel’s coalition staved off dissent from bailout-weary members in its own ranks. With Merkel’s government holding a majority of almost four- fifths and opposition lawmakers adding their votes, 542 voted to approve the measure, 32 voted against and 13 abstained. Full News here […]

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Greece debt crisis: Athens clears one hurdle . . . and faces more

Greece debt crisis: Athens clears one hurdle . . . and faces more Even if the extension is approved in Athens and Berlin, none of the €7.2bn in bailout aid remaining in the programme will be distributed until Greece completes the existing requirements, which could be months. That poses an urgent problem: analysts … Full […]

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Greece: Violence erupts before Athens derby

Greece: Violence erupts before Athens derby – Athens Video

Clashes broke out before the Athens derby between Olympiakos and Panathinaikos, Sunday. The violence started when Panathinaikos supporters threw a torrent of flares and fireworks at Olympiakos’… Video Rating: 4 / 5

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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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EU investment bank sees no new projects in Greece

The EUs investment bank said Monday it sees no need for new projects in Greece, focusing its efforts elsewhere to get the European economy back on track. Full News here – Latest News

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No feelgood victory for Germany in debt clash with Greece

Germany’s 7-1 drubbing of Brazil in the football World Cup last summer was uncomfortable to watch, even for jubilant Germans whose cheers turned to sheepish smiles as the goals piled up. Full News here – Latest News

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Greece readies reform promises after Eurogroup climbdown

Greece’s government prepared reform measures on Sunday to secure a financial lifeline from the euro zone, but was attacked for selling «illusions» to voters after failing to keep a promise to extract the country from its international bailout. Full News here – Latest News

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Ten days that shook the euro; how Greece came to the brink

Germany’s Wolfgang Schaeuble, the «immovable object» in the words of one economist, stopped Greece’s charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on Friday on terms its government was just elected to get out of. Full News here – Latest News

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