Search Results for: Angela Merkel
Closed banks and capital controls until referendum
June 29th, 2015
In wake of MPs approving plebiscite, gov’t agrees to emergency measures after ECB decides not to lift limit on liquidity Greece heads to a referendum on Sunday that could decide whether its future lies in or out of the ...
Asia stocks fall, euro drifts as Greek crisis deepens
June 26th, 2015
Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. ...
Greek deal or not, the euro has changed forever
June 25th, 2015
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency — and maybe even for the better. Deal or no deal on staving ...
François Hollande calls emergency meeting after WikiLeaks claims US spied on three French presidents
June 24th, 2015
Documents appear to show that American agents spied on Jacques Chirac, Nicolas Sarkozy and Hollande, even listening to their phone calls The French president, François Hollande, has called an emergency meeting of his country’s defence council for Wednesday morning ...
Hopes for Greece bailout deal rise sharply as Athens gives ground
June 23rd, 2015
Creditors view new Greek proposals on pensions and VAT as the most positive move yet in five months of wrangling Hopes of a deal that would spare Greece from a looming debt default and possible exit from the single ...
Greece crisis: Emergency summit called for Monday
June 19th, 2015
An emergency summit of leaders from eurozone nations will be held on Monday, after the latest attempt to resolve the Greek debt crisis failed. A meeting of finance ministers on Thursday made no breakthrough. Head of the Eurogroup, Jeroen ...
German-Aust tax deal eyes multinationals
June 16th, 2015
The Abbott Government is seeking to “tighten” international tax laws, targeting multinational profit shifting and tax base erosion, after starting bilateral tax negotiations with Germany. Treasurer Joe Hockey and Finance Minister Mathias Cormann said today the government was starting ...
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 ...
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 ...
EU says time for Greek ‘happy ending’
June 11th, 2015
EU Commissioner Pierre Moscovici has said a Greek debt deal is close but needs a “happy ending”, as Greek Prime Minister Alexis Tsipras pushes for an agreement in Brussels. After a late-night meeting with French and German leaders, Mr ...
