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…
Tag: european
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…
Ukraine, Rebels Agree On Humanitarian Corridor To Evacuate Civilians Trapped By Fighting
Pro-Russia rebels and the Ukrainian authorities agreed Friday on a humanitarian corridor to evacuate civilians from the epicenter of fighting in eastern Ukraine as German and French leaders prepared to…
What’s going on in Ukraine?
A serious worsening of the conflict in eastern Ukraine, which started last spring, has thrust the Eastern European nation back in the international spotlight. How bad has the situation flared…
Finance Ministers for Greece and Germany Find Little Commonality
BERLIN — The new Greek government’s debt-diplomacy tour of European capitals hit another rough patch on Thursday, as the country’s new finance minister and his German counterpart groped for common…
As Greece Rebels, the Notion of Debt Forgiveness Returns
Yet talk of slashing the government debt loads of European countries, starting with Greece, is back. For all the opposition, the idea has resurfaced with a vengeance in recent days…
European Leaders Push New Peace Plan For Ukraine
In a new push for peace in eastern Ukraine, the leaders of France and Germany announced Thursday they were heading to Kiev and Moscow with a proposal to end the…
European Union Raises Its Forecast for Growth
BRUSSELS — European Union officials on Thursday nudged up growth forecasts across the 28-nation bloc amid optimism that falling oil prices, a weaker euro and intervention by the European Central…
Croatia Forgiving Debt of Some of Its Poorest Citizens
ZAGREB, Croatia — While Greece and Germany tussle over what debt forgiveness might mean, Croatia, the European Union’s newest member, is adopting its own approach, offering what it calls a…
On Tour, Greek Leaders Wear No Ties and Aim for Looser Belts
ROME — Less than two weeks after taking power in national elections, Greece’s leftist-led government now is taking Europe. Fashion critics in London are debating whether the Greek finance minister…
Greece Braces For Talks With Germany Amid Market Relief
Greece’s new anti-bailout government confirmed it will hold meetings with lead lender — and critic — Germany this week after markets and European governments reacted with relief to alternatives proposed…
E.U. Focuses on Belgian State Aid in Tax Avoidance Inquiry
BRUSSELS — The European Union authorities broadened their assault on tax avoidance by multinational companies on Tuesday in opening an investigation into the way Belgium appeared to grant unfair state…
Why ‘Surveillance Is The Dominant Business Model On The Internet’
Andrew Keen, author of “The Internet is Not the Answer,” is known as the “Antichrist of Silicon Valley.” He calls Google a monster, Uber a bad idea and wants governments…
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,…
Could The New Syriza Government Be Good For Greece’s Economy?
Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we speak with economist Edward Hadas about the significance of Syriza’s…
Germany’s Merkel Says She Doesn’t See Another Greek Debt Cut
German Chancellor Angela Merkel has underlined the refusal of Greece’s European creditors to consider forgiving part of the debt-ridden country’s rescue loans, though she stressed in an interview published Saturday…
Europe’s Young Entrepreneurs
MADRID — When Jordan Casey took to the stage to present his technology business, he jumped onto the platform rather than walking up the access ramp. Entrepreneurial energy? Yes, but…
Greece’s New Finance Minister: ‘You Have To Be Prepared To Blow The Whole Thing Up’
Greece will neither seek an extension of its controversial bailout nor cooperate with the so-called “troika” of international creditors, the country’s new finance minister declared Friday, following up on a…
Read The Daily Blog Of Greece’s ‘Erratic Marxist’ Finance Minister Yanis Varoufakis
Yanis Varoufakis, a self-described “erratic Marxist,” is the new finance minister of Greece under the just-elected Syriza-led government of Prime Minister Alexis Tsipras. In the coming weeks, Varoufakis will be…
Eurozone Inflation Falls to Lowest Level Since 2009
FRANKFURT — Inflation in the eurozone has fallen to its lowest level since 2009, according to official data released on Friday, while unemployment remains in the double digits, reinforcing fears…
Greece Steps Back Into Line With European Union Policy on Russia Sanctions
BRUSSELS — Gathering in Brussels, European foreign ministers scrambled on Thursday to hold a united front against Russia over Ukraine, calming worries that the election of a far-left government in…
Greek Bailout In Focus As EU Parliament Head Visits Athens
The European Parliament’s president arrived in Athens Thursday for a visit closely watched for signs of a potential clash between Greece’s new left-wing government and its bailout lenders. Martin Schulz…
This Video Shows The Terrible Cost Of Youth Unemployment In Europe
Across Europe, a new generation is trying to enter the workforce to no avail. Youth unemployment skyrocketed across the continent in the aftermath of the 2008 financial crisis and remains…
Republicans Defend Obama’s Trade Pact While Pressing To Deregulate Banks
WASHINGTON — Senate Republicans on Tuesday offered to help President Barack Obama pass a sweeping trade package, while pressing for measures to deregulate finance and raise the price of prescription…
Greece forms anti-austerity coalition government
Greece’s left-wing, anti-austerity Syriza party has formed a coalition with the right-wing Independent Greeks party after exit polls showed Syriza was close to a parliamentary majority. Syriza is officially projected…
Box jumps 70% in first big IPO of 2015
Late Thursday Box priced its initial public offering at $14 per share. That means there’s lots of demand for Box shares because the company anticipated going public at $11 to…
Europe Puts Its Money on the Table
After more than a year of speculation, Mr. Draghi, the never-predictable head of the European Central Bank, has given global investors what they have clamored for, with an extra twist:…
E.C.B. Move Leaves Further Stimulus Up to Eurozone Politicians
Mario Draghi, the European Central Bank president, said Thursday that the governing council agreed to a quantitative easing program that will see it buy up to 60 billion euros’ worth…
Martin Odegaard: the latest Scandi-drama to grip Europe
It’s a thriller that reads like a script from one of those Scandinavian dramas that have entranced global television audiences in recent years. A 16-year-old Norwegian soccer sensation — Martin…
Real Madrid tops football rich list for 10th straight year
Can anybody stop Real Madrid, on the football pitch and off it? For the 10th year running, European champion Real Madrid is the world’s richest club in the annual Football…