Search Results for: Brussels
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 ...
Leaders push for deal as creditors await revised Greek proposals
June 9th, 2015
Representatives of Greece’s creditors were on Monday awaiting revised proposals from Athens as international pressure mounted for a reform deal, with US President Barack Obama and German Chancellor Angela Merkel pushing for swift action to clinch an agreement. In ...
Google, Facebook at Center of EU Clash Over Cyber-Attack Law
June 8th, 2015
Google Inc. and Facebook Inc. are caught in the middle of a clash between European Union lawmakers on whether the U.S. technology giants should be covered by rules forcing companies to report cyber attacks to government agencies in the ...
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 ...
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 ...
Greek Stalemate Leaves Tsipras Face Final Creditor Offer
June 3rd, 2015
Greek Prime Minister Alexis Tsipras will be told the details of a final proposal from creditors to break a stalemate over a financial lifeline as his country runs out of options to avert a default. After European leaders and ...
Athens expects proposal from creditors on Wednesday
June 3rd, 2015
Representatives of Greece‘s lenders were finalizing a set of proposed reforms for Greece on Tuesday, aimed at breaking an impasse in negotiations and allowing crucial rescue loans to be unlocked, even as Greece said it had submitted its own ...
Greek PM Tsipras speaks to Merkel, Hollande as lenders increase pressure
May 29th, 2015
With negotiations between Greece and its creditors at a critical phase, Prime Minister Alexis Tsipras on Thursday sought the assistance of German Chancellor Angela Merkel and French President Francois Hollande in a teleconference call. The three leaders spoke for ...
Athens, creditors offer conflicting views on negotiations
May 28th, 2015
Greek Prime Minister Alexis Tsipras said Wednesday that a deal with creditors was “close” and government officials said an agreement was being drafted but representatives of the country’s creditors made it quite clear that they do not share such ...
EU-Switzerland taxation agreement signed in joint effort to improve tax compliance
May 28th, 2015
The European Union and Switzerland on 27 May 2015 signed an agreement on the automatic exchange of financial account information, aimed at improving international tax compliance. The agreement represents an important step in ongoing efforts to clamp down on tax fraud and tax ...
