The Greek Debt Crisis: The Greek Debt Crisis -80
- Basil Mossaidis
- •
- April 29, 2012
“History does not repeat itself, but it often rhymes.”
-Mark Twain
The Wall Street financial collapse had a delayed but devastating impact on Greece, toppling her economy and upending the ...
The Greek Debt Crisis: The Greek Debt Crisis -80
- Basil Mossaidis
- •
- April 29, 2012
“History does not repeat itself, but it often rhymes.”
-Mark Twain
The Wall Street financial collapse had a delayed but devastating impact on Greece, toppling her economy and upending the ...
German opposition says EU treaty likely delayed
BERLIN (AP) — German Chancellor Angela Merkel's refusal to amend a European treaty on fiscal discipline with measures to promote growth in struggling EU countries might delay the deal's ratification...
Greece eyes UK-style railway privatisation
(Reuters) - Greece is considering breaking up its railway and selling the right to operate some routes to different companies, in an attempt to maximise proceeds from the privatisation and sidestep re...
Spain crisis deepens with jobless rise, downgrade
CIARAN GILES & PAN PYLAS,Associated Press
MADRID (AP) — Spain's economic problems were put in sharp relief Friday as figures showed unemployment rising to near 25 percent, a day after a credit ...
Greece ends bond swap, participation at 96.9 pct
- Nicholas Paphitis - Associated Press
- •
- April 25, 2012
ATHENS, Greece (AP) — Greece has completed a massive bond exchange designed to more than halve its privately-held debt, with 96.9 percent of eligible investors participating in the swap.
The financ...
Bank of Greece: recession worse than expected
- The Associated Press
- •
- April 24, 2012
ATHENS, Greece (AP) — The Bank of Greece warned Tuesday that the country faces a worse-than-expected recession in 2012, with the economy set to shrink 5 percent, and urged politicians to make a swift ...
EU bank offers non-euro payment to Greek firms
- The Associated Press
- •
- April 23, 2012
BRUSSELS (AP) — The taxpayer-funded European Investment Bank has started including a new legal clause in its contracts with Greek companies that allows them to repay loans in a currency other than the...
Eurozone cuts deficits but overall debt rises
- Gabrielle Steinhauser - The Associated Press
- •
- April 23, 2012
BRUSSELS (AP) — The 17 countries that use the euro still face an uphill struggle to control their debts in spite of managing to slash government deficits to 4.1 percent of economic output in 2011, off...
IMF urges bold changes in Europe
WASHINGTON (AP) — The International Monetary Fund, armed with a replenished arsenal containing billions of dollars to battle Europe's lingering debt crisis, now must press governments in the eurozone ...
Bond swap hammers Greek banks
- Derek Gatopoulos and Nicholas Paphitis - The Associated Press
- •
- April 20, 2012
ATHENS, Greece (AP) — Four major Greek banks on Friday announced combined losses of €28 billion ($36.9 billion) in 2011, hammered by a recent bond-swap deal between Greece and with private creditors t...
Commissioner: After the sacrifices, growth
AMNA-- European Commission vice-president and commissioner for industry and entrepreneurship Antonio Tajani voiced strong support for Greece, addressing a conference on "Growth in Greece: SMEs and Ent...
Greece gets first batch of bank support funding
- The Associated Press
- •
- April 20, 2012
ATHENS, Greece (AP) — Greece's prime minister says the crisis-hit country has received a first €25 billion ($32.72 billion) in European funds to bolster its battered banks, shortly before the publicat...
Greek bank recap plan pushed back- sources
ATHENS, April 19 (Reuters) - Greece will take more time to wrap up a bank recapitalisation plan it was set to unveil on April 20 and key terms may be have to wait until after a May 6 national election...
Fitch rates 13 Greek bonds in default
- The Associated Press
- •
- April 19, 2012
ATHENS, Greece (AP) — Fitch ratings agency has downgraded a series of Greek government bonds exchanged under a massive debt relief deal, but has left the country's overall rating unchanged.
A Fitch...
Page 2 out of 80 pages for Greece-Economy
41.jpg)
