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Posts tagged with "Greece"
Posts tagged with "Greece"
Dec. 19 | International rating agency Standard and Poor have upgraded Greece’s credit rating to B- -, its highest rating since 2011. Standard and Poor said the upgrade was a reflection of the overall view within the eurozone that Greece should remain within...
Nov. 28 | After two previously failed attempts, it was a case of third time lucky as EU finance ministers meeting in Brussels came to an agreement on a programme for Greek debt reduction which will now allow it to access the tranche of funding that has been on...
Nov. 26 | As eurozone finance ministers meet in Brussels to find a consensus on the bailout fund package for Greece, EU Economic and Monetary Affairs Commissioner Olli Rehn has stressed the importance of finding a solution. Mr Rehn urged ministers to bring talks...
Nov. 12 | With statements that his country will potentially begin to run out of money as soon as this week, these are tense days for Greek Prime Minister Antonis Samaras. The latest round of highly unpopular austerity measures barely made it though the Greek parliament,...
Nov. 9 | As time ticks down for Greece towards its November refunding deadline, a critical International Monetary Fund, European Central Bank and European Commission report due on Monday will determine its short term future. Greece will officially run out of...
Oct. 5 | Speaking in an interview with a German newspaper Greek Prime Minister Antonis Samaras has said that his country will have depleted its funds by the end of November if it does not receive the next tranche of international bailout funding, up to €31...
Oct. 1 | The IMF, European Commission and the European Central Bank are seeking clarification and additional details with regards to Greek proposals for a €12 bn austerity package. That’s according to Greek Finance Minister, Yannis Stournaras, speaking...
Sep. 10 | Before what is anticipated to be a tough day of talks with ECB president Mario Draghi on Tuesday, there was to be no rest for Greek Prime Minister Antonis Samaras as he met with troika officials on Monday. The negotiations will centre around a new range...
Jun. 12 | In an interview with CNN, IMF Managing Director, Christine Lagarde, admitted that action was required to save the euro in a timefame that was “more shortly than three months”. Whilst she subsequently played down her comments in order to soothe market...
May. 21 | Sending out strong signals from the summit at Camp David, G8 leaders have reiterated their commitment to deal with the escalating European debt crisis and continued to pledge their support for Greece. President Obama said the all G8 nations were ”absolutely...