Search Results for: EU commission
Greek Gov’t to submit final reform list to Brussels on Tuesday
February 24th, 2015
The government was on Tuesday morning expected to submit a final version of its reform proposals to the country’s creditors following several hours of discussions with officials in Brussels yesterday aimed at hammering out a set of measures acceptable ...
A Greek Drama Draws In the Obama Administration, Again
February 20th, 2015
President Barack Obama and his team may be suffering from Greek financial-crisis déjà vu. In 2010, and again in 2012, Mr. Obama and top officials in his administration worried that Greece’s debt woes could fracture the eurozone, knock down an ...
J. Dijsselbloem: “Received Greek request for six months extension”
February 19th, 2015
The “bridge program” or “extension” may be approved by Friday if all goes well The Greek request for a six-month interim agreement, known as the “bridging program” by the Greek side or “extension” by the EU side, has been ...
Greece gets lifeline as ECB agrees €3.3bn extra emergency funds
February 19th, 2015
Total funding on offer now €68.3bn as Greek banks come close to using €65bn of liquidity funds granted by European Central Bank The embattled Greek government has been thrown a lifeline by the European Central Bank after the ECB agreed to ...
Greece to submit request for extension of loan agreement on Thursday
February 18th, 2015
Finance Minister Varoufakis discussed the negotiations with European Commissioner Moscovici on Tuesday Although government spokesman Gabried Sakellaridis initially stated that the Greek government was going to submit a request a six-month extension of the loan agreement on Wednesday, it was announced ...
Greece defies creditors, seeking credit but no bailout
February 17th, 2015
Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as “unacceptable”. The unexpectedly rapid collapse raised doubts about Greece’s future ...
Italy’s Economy Fails to Rebound
February 13th, 2015
Italy’s economy stagnated in the three months through December, failing to rebound from its longest recession on record. Gross domestic product was unchanged from the previous quarter when it dropped 0.1 percent, national statistics institute Istat said in a ...
Greece, lenders appear to edge closer to deal
February 13th, 2015
There were hopes on Thursday that Greece and the eurozone might be edging toward a deal after Prime Minister Alexis Tsipras, attending his first European Union summit, agreed for government officials and representatives of the country’s lenders to find ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
CSSF warning against unauthorised entity
February 9th, 2015
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named LF-Trust Europe, which claims to be located at 7, rue Jean Monnet, L-2180 Luxembourg. The CSSF informs the public that LF-Trust Europe ...
