Search Results for: Greek government
European solidarity: The future of Europe and the euro depends on political leaders
June 15th, 2015
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...
Greece Enters Fateful Week as Talks End Fruitlessly
June 15th, 2015
Greece enters what could be a defining week after last-ditch negotiations between representatives of the Greek government and its creditors collapsed on Sunday. The euro dropped as the European Commission said the talks in Brussels had broken up after ...
Brussels talks halted as pressure on Greece mounts
June 12th, 2015
The International Monetary Fund has withdrawn its delegation from negotiations in Brussels aimed at breaking an impasse and unlocking crucial loans, citing significant differences with the Greek side following another round of talks between Prime Minister Alexis Tsipras, German ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
Greece airs idea of bailout extension ahead of leaders’ talks
June 11th, 2015
Greece’s lenders urged the government to come to an agreement swiftly on Wednesday as Athens proposed the extension of the country’s bailout program by nine months, until March 2016. A Greek official speaking on the sidelines of a summit ...
PM Tsipras hopes for breakthrough in talks with Merkel, Hollande in Brussels
June 10th, 2015
Greek Prime Minister Alexis Tsipras is due in Brussels on Wednesday with the key goal of meeting German Chancellor Angela Merkel and French President Francois Hollande on the sidelines of a summit of leaders from European Union and Latin ...
Asian shares swoon, dollar on defensive
June 9th, 2015
Asia shares sank in a sea of red on Tuesday as speculation of U.S. rate rise as early as September hit emerging markets generally, while failing to give a lasting lift to the dollar. A steady start soon gave ...
Greece moves closer to eurozone exit after delaying €300m repayment to IMF
June 5th, 2015
Athens takes creditor by surprise, saying it will bundle together €1.6bn of debt payments due to International Monetary Fund and settle up on 30 June Greece has moved closer to default and possible exit from the eurozone after telling the ...
Investors Start To Panic As A Global Bond Market Crash Begins
June 4th, 2015
Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right ...
Tsipras, lenders point to progress after talks but differences remain
June 4th, 2015
After around five hours of talks in Brussels aimed at sealing an agreement with Greece‘s creditors, Prime Minister Alexis Tsipras told reporters early on Thursday that there had been progress, particularly vis-a-vis Greece’s primary surplus targets, noting however that ...
