Search Results for: Brussels
Greece has six working days to present new reform proposals
April 9th, 2015
The Euro Working Group (EWG) of eurozone technical staff gave Greece on Wednesday night an ultimatum of six working days to present its proposals with a regard to a string of reforms that could unlock financial aid to the ...
Greece’s €459m debt payment to IMF due on Thursday
April 9th, 2015
Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing government Greece is due to make a €459m (£332m) loan repayment ...
Alexis Tsipras flies to Moscow amid speculation of bailout from Putin
April 8th, 2015
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...
The Greek crisis and the clash of philosophies within the EU
April 7th, 2015
Listening to German Finance Minister Wolfgang Schäuble and his Greek counterpart Yanis Varoufakis speaking about the recent Eurogroup agreement on Greece, one could be forgiven for thinking they were talking about two completely different texts. There are obviously deep ...
IMF Managing Director Lagarde’s statement on Greece – FM Yianis Varoufakis (Video)
April 6th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Mr. Yanis Varoufakis, Minister of Finance for Greece, for an informal discussion on the Greek government’s reform program. After the meeting, Ms. Lagarde made the ...
EU lawyers: EU cannot maintain protection against Chinese imports
April 3rd, 2015
EU lawyers say EU cannot ignore rules on China‘s new WTO status EU yet to decide, could favour China to win favour with Beijing European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential ...
Antitrust and Other Inquiries in Europe Target U.S. Tech Giants
April 3rd, 2015
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...
EU Lays Groundwork for Antitrust Charges Against Google
April 2nd, 2015
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...
Greece PM says sanctions against Russia ‘a road to nowhere’
March 31st, 2015
The Greek premier stressed that the economic war is a “dead-end policy” Greece does not back the West’s sanctions against Russia as this is a “road to nowhere,” the country’s Prime Minister Alexis Tsipras said in an exclusive interview ...
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
