Lawmakers (Just Not Greece’s) Approve a Bailout Extension
ATHENS — The debate lasted more than two hours, with one conservative lawmaker sharply accusing the Greek government of acting in bad faith. A liberal railed against Greek tycoons exploiting…
Tag: bailout
Greek Prime Minister Rules Out Third Bailout
Greece’s new radical left government has no intention of seeking another bailout deal from international creditors and will spend coming months trying to ease the terms of its current commitments,…
German Parliament Overwhelmingly Approves Greece’s 4-Month Bailout Extension
Germany’s Parliament overwhelmingly approved the four-month extension of Greece’s financial bailout on Friday, despite unease over the new government in Athens. Lawmakers voted 542-32 to back the bailout extension. There…
Greek Leader Criticized On Austerity Concessions
Greece’s prime minister held a marathon meeting with his party’s lawmakers Wednesday, briefing them on pledges made to European creditors to win a four-month extension of the country’s bailout amid…
Greek Debt Talks Break Down
By Renee Maltezou and Jan Strupczewski BRUSSELS, Feb 16 (Reuters) – Talks between Greece and euro zone finance ministers over the country’s debt broke down on Monday when Athens rejected…
Germany Maintains Hardline Stance In Greece Debt Talks
By Yann Le Guernigou and Costas Pitas PARIS/ATHENS, Feb 16 (Reuters) – Debt-laden Greece and EU paymaster Germany struck hardline postures ahead of a crucial meeting of euro zone finance…
Greece And Germany Are Working Toward A Compromise
Greece and Germany are pursuing a deal on the conditions required to continue the Greek bailout as each side signals a Read the whole story at Bloomberg
Ukraine gets new $17.5 billion International Monetary Fund bailout
The deal replaces a separate $17 billion bailout agreed to last year by the IMF. Only $4.5 billion of those funds were distributed, bringing the IMF’s total commitment to $22…
Eurozone Finance Ministers Hold Emergency Meeting on Greece Bailout
BRUSSELS — Eurozone finance ministers were gathering in an emergency session here on Wednesday, under pressure to hammer out a stopgap plan to keep Greece from running out of money…
Greece Says “No Way Back” In Bid To Rewrite Bailout Deal
Greece’s new prime minister struck a defiant tone on the eve of high-stakes negotiations with skeptical European creditors, saying there is “no way back” for his radical left-led government in…
Greek Prime Minister Won’t Seek to Extend Bailout
ATHENS — As pressure grows on Greece to reach a deal with its international creditors and avert fears that it will default on its huge debt, Prime Minister Alexis Tsipras…
Greece’s New PM Sets Up EU Clash With Bailout Rejection, Austerity Rollback
By Lefteris Papadimas and Renee Maltezou ATHENS, Feb 8 (Reuters) – Leftist Prime Minister Alexis Tsipras laid out plans on Sunday to dismantle Greece’s “cruel” austerity program, ruling out any…
A big change for the GOP 2016 hopefuls at CPAC
1. This will not be your father’s CPAC The cast changes, somewhat, at the annual Conservative Political Action Conference, but for years the format has been the same: back-to-back-to-back-to-back speeches…
Greek Leader To Reject Austerity, Lay Out Hard Leftist Program
By Jeremy Gaunt ATHENS, Feb 8 (Reuters) – New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government’s policies in a speech later on Sunday, firmly rejecting…
S.&P. Downgrades Greek Credit Rating Amid Concerns Over Cash
ATHENS, Greece — Standard & Poor’s has cut its credit rating on Greece further into junk status amid concerns over the country’s cash position, as the country’s new government signaled…
Greece: We’re not looking for a fight over debt
Read more: Greek banks plunge as new government challenges bailout Campaign promises to end austerity don’t mean Greece would not meet its obligations to the ECB or IMF, Tsipras said…
Greece Seeks To Reassure Europe As Tensions Rise
By James Mackenzie and Renee Maltezou ATHENS, Jan 31 (Reuters) – New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office,…
Greeks vote in election that could lead to showdown over bailout
The left-wing party Syriza, which has vowed to renegotiate the terms of Greece’s multibillion-euro bailout if it wins, has been leading in opinion polls going into the vote. The party’s…
European Debt Crisis Fast Facts
December 23, 2011 – After a series of credit downgrades and exposure to the financial crisis in Greece, Cyprus signs an agreement with Russia for an emergency loan worth €2.5…