New Greek renewables law would slash red tape - mi
ATHENS, Dec 3 (Reuters) - Greece's new renewables law will slash red tape to unblock hundreds of stranded renewable energy projects, a government minister said on Thursday.
The draft law, to be sub...
Ratings agency says Greek debt problems overstated
- Pan Pylas - The Associated Press
- •
- December 03, 2009
LONDON (AP) A— Credit ratings agency Moody's on Wednesday downplayed market fears that Greece, like Dubai, may face problems with its debt that could see it eventually default on its obligations.
M...
Can Greece Avert Tragedy As Slump Deepens?
- Joel Hills - Sky News
- •
- December 03, 2009
"We need to save the country from bankruptcy."
Those were the words of Greece's new prime minister George Papandreou after announcing the draft budget on November 5.
Greece is the most indebted ...
10-yr Greek/German yield spread tightest in 3 wks
LONDON, Dec 2 (Reuters) - The premium investors demand to hold 10-year Greek government bonds rather than benchmark German Bunds fell to its lowest in three weeks on Wednesday after euro zone official...
Greece seeks to reassure investors, vows reform
- John O'Donnell
- •
- December 02, 2009
BRUSSELS, Dec 2 (Reuters) - Greece's finance minister sought to reassure nervous investors and his counterparts from the European Union on Wednesday that the country's economy would return to a sustai...
Greece faces new EU orders on ‘worrying’ deficit, ministers say
- Emma Ross-Thomas and Jurjen van de Pol
- •
- December 01, 2009
Dec. 2 (Bloomberg) -- European finance ministers vowed to keep up pressure on Greece to cut the government’s “worrying” budget deficit, saying the country faces new European Union demands in February ...
Eurogroup: Greece to avoid bankruptcy, needs reform
- Marcin Grajewski
- •
- December 01, 2009
BRUSSELS, Dec 1 (Reuters) - Greece will avoid bankruptcy but may need more fiscal cutbacks than envisaged in its 2010 national budget to rein in public finances, euro zone officials said on Tuesday.
...
Euro zone finmins set for first step to fiscal exit
- Jan Strupczewski
- •
- December 01, 2009
BRUSSELS, Dec 1 (Reuters) - Euro zone finance ministers will take their first step towards exiting discretionary fiscal stimuli on Tuesday by accepting deadlines for deficit reductions proposed by the...
Greek shares extend gains led by 8 pct bank bounce
ATHENS, Dec 1 (Reuters) - Greek bank stocks extended gains with an 8.0 percent bounce on Tuesday after earlier worries over Dubai debt ebbed, following European bourses.
EFG Eurobank, Greece's seco...
Greek/German 10-yr yield spread narrowest in a week
LONDON, Dec 1 (Reuters) - The premium investors demand to hold 10-year Greek government bonds rather than euro zone benchmark German Bunds fell to 172 basis points on Tuesday as concerns over Dubai's ...
Greece acknowledges debt concerns
- BBC News
- •
- December 01, 2009
Greece's new government is working to correct a "lack of credibility" in the financial markets, its finance minister has told the BBC World Service.
George Papaconstantinou's comments came as conce...
Greece asks markets, EU, for time to win back confidence
- Ingrid Melander and Lefteris Papadimas
- •
- December 01, 2009
ATHENS, Nov 30 (Reuters) - Greece's finance minister on Monday urged investors and the EU to give the new socialist government time to restore the nation's lost credibility, saying it was determined t...
The new Iceland? Greece fights to rein in debt
- Helena Smith - The Guardian
- •
- December 01, 2009
The likelihood of Greece becoming the next Iceland and plunging into bankruptcy looms over a meeting of EU finance ministers in Brussels today as the Greeks prepare to take another pasting from their ...
Greece picks new CEO, chairman for National Bank
ATHENS, Nov 27 (Reuters) - Greece will propose banker Apostolos Tamvakakis as the new chief executive at the country's largest lender National Bank at a board meeting on Dec 2, banking officials told ...
Greek officials reassure investors, markets rebound
- Lefteris Papadimas
- •
- November 27, 2009
ATHENS, Nov 27 (Reuters) - Greek bank shares rebounded and government bond yield spreads tightened on Friday as Greek officials sought to reassure markets that the banking system was sound and the cou...
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