Tag Archive | "Greek"

Turkish jets violate Greek air space

Six Turkish F-16 fighter jets violated Greek air space over the Aegean Sea on Thursday, the National Defense General Staff (GEETHA) said in a statement. Full News here – Latest News

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Greek FinMin sees problems in repaying IMF and ECB

Greece admitted on Wednesday it will struggle to make debt repayments to the IMF and the European Central Bank this year as Germany’s finance minister voiced open doubts about Athens’s trustworthiness. Full News here – Latest News

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Tsipras urges MPs to back Greek list of reforms

Prime Minister Alexis Tsipras on Wednesday urged the left party’s lawmakers to back the Greek list of reform proposals that was sent to creditors earlier in the week. Full News here – Latest News

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Credibility of new Greek plan still in doubt, Schaeuble says

Germany’s Wolfgang Schaeuble said on Wednesday it had not been an easy decision for euro zone finance ministers to extend the Greek rescue plan Full News here – Latest News

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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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Dani Rodrik explains why a Greek euro exit isn’t a solution for anyone

Turkish economist Dani Rodrik, formerly a professor at Harvard and currently an Albert O. Hirschman professor of social sciences at the Institute for Advanced Study in Princeton, New Jersey, has coined the phrase “the inescapable trilemma of the world economy.” Full News here – Latest News

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Greek bonds may lead periphery higher after funding deal struck

Greece’s government bonds may open higher this week after euro-area finance ministers agreed to extend the nation’s bailout funds for four months, avoiding a cash crunch that threatened to push it out of the currency bloc. Full News here – Latest News

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Greek bailout deal faces review by euro officials next week

Euro-area finance ministers reached a provisional deal intended to keep aid flowing to Greece in return for a commitment to budget targets, buying time to work out the detail of longer-term Greek financing. Full News here – Latest News

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Greek reform list to comprise mainly structural actions, says gov’t

Greece’s list of reforms to be submitted to the euro zone on Monday comprises pledges on structural issues such as tax evasion and corruption over the next four months without specific targets, a government official said on Saturday. Full News here – Latest News

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Germany to approve Greek deal if promises met, says Merkel ally

The German parliament could approve a four-month extension to euro zone funding for Greece, on condition Athens presents a list of reforms as promised, a senior ally of German Chancellor Angela Merkel was quoted as saying. Full News here – Latest News

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Varoufakis confident partners will accept Greek reform promises

Greek Finance Minister Yanis Varoufakis said on Saturday he was confident his country’s EU and IMF partners will accept a list of reform promises that the government must produce by Monday. Full News here – Latest News

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2/21/2015: Front Page: FM stresses Greek role in stability of the region

Foreign Minister Nikos Kotzias used his appearance at a meeting of Med Group diplomats in Paris yesterday to stress the geopolitical importance of Greece’s eurozone partners helping to prevent the country’s economic collapse. Kotzias said he argued… Full News here – Kathimerini English

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Greek bonds declined in days before provisional deal was reached

Greece’s government bonds posted their first weekly drop this month as the nation negotiated with its euro- area creditors on its future financing plans. Full News here – Latest News

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Greek aid extension agreed pending list of measures from Athens

Euro-area finance ministers reached a provisional deal intended to keep aid flowing to Greece in return for a commitment to continued economic reforms, buying time to work out the detail of longer-term Greek financing. Full News here – Latest News

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2/20/2015: Front Page: Greek minister backs Ukraine sovereignty

On a visit to Kiev yesterday, Greek Foreign Minister Nikos Kotzias expressed Greece’s support for Ukraine’s sovereignty and for the enforcement of the ceasefire between Ukraine and pro-Russian rebels agreed last week. In comments to reporters after… Full News here – Kathimerini English

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