Search Results for: Greek government
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
Asian Stocks, Nasdaq Futures Slide on Apple; Aussie Sinks on CPI
April 27th, 2016
European shares fluctuate amid mixed earnings; Total climbs Apple, Twitter add to technology gloom as forecasts disappoint Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before ...
Ryan Air to Cut Summer Flights to Greece because of new taxes
April 22nd, 2016
Ryan Air is cutting summer season flights to Greece two months early because the Greek government has not answered to his proposals, said the low cost airline Chief Commercial Officer David O’Brien. O’Brien spoke to the Sunday edition of ...
Greece’s Path to New IMF Loan Grows Even Rockier Following Leak
April 5th, 2016
IMF officials discussed smaller surplus target, WikiLeaks says Fund has been pushing euro-area nations to offer debt relief Greek Prime Minister Alexis Tsipras may be alienating the International Monetary Fund just when he needs it most. The IMF has ...
Greece’s Euro Future May Be Back in Play If Rescue Talks Drag On
April 4th, 2016
Creditors resume talks in Athens on bailout program review Pensions, tax policy remain obstacles, EU officials say Greece could again face the threat of being pushed into default and out of the euro if its current bailout review drags ...
Time for deal with Greece’s creditors is running short
March 31st, 2016
The government is striving to find common ground with the country’s creditors on measures worth 3 percent of Greece’s gross domestic product, or 5.4 billion euros, before the Eurogroup meeting on April 22, so as to have completed its ...
European debt sales top €100 billion for the first time since 2008
February 18th, 2016
Sales of loan portfolios by deleveraging banks in Europe reached a record €104 billion last year, with the UK accounting for more than one-third of the total, according to new research from KPMG. Britain accounted for 37 percent of ...
Greece: fears for more cuts and tax increases will be needed to unlock bailout loans
February 4th, 2016
Greece Fears More Austerity Pain Ahead to Unlock Bailout Loans Nationwide strike called to protest cuts as talks progress with creditors The outlook for Europe’s most depressed economy hinges on how talks progress between the Greek government and its ...
