Search Results for: Brussels
Crisis talks on Greece to stretch into the weekend
June 26th, 2015
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to be held over the weekend, most likely on Saturday. Greek ...
Top stories of the day June 25
June 25th, 2015
1. European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek ...
Will A Deal Leave Greece in Ruins?
June 25th, 2015
Any deal Greece strikes with its creditors may be a big step in Greece’s long delayed post-crisis recovery. But the direction it takes still won’t be clear. Will the road look like Spain’s, or Italy’s? It makes a big ...
Greece Lurches Closer to Default
June 25th, 2015
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek government ...
Asian shares, dollar edge down as markets eye Greece
June 25th, 2015
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default. Athens’s talks ...
Greek crisis: Tsipras says ‘no deal’ with creditors
June 24th, 2015
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister Alexis Tsipras, dashed hopes of an imminent deal between the embattled ...
PM Tsipras to meet Draghi, Juncker, Lagarde ahead of Eurogroup
June 24th, 2015
As eurozone finance ministers converge in Brussels on Wednesday to further assess Greece’s economic proposals in a bid to move toward a deal, Prime Minister Alexis Tsipras is to meet with European Commission President Jean-Claude Juncker, European Central Bank ...
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 ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
€2bn Russia-Greece gas deal: The EU should applauding us, Putin says
June 22nd, 2015
A deal to jointly build an extension of the Turkish Stream gas pipeline across Greece will help Athens to settle its multibillion euro debt to international creditors, President Vladimir Putin said at the St. Petersburg International Economic Forum. Talking ...
