Search Results for: Eurozone
Gold demand falls in Q2 2015
August 13th, 2015
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% ...
Greece debt crisis: Tension rises ahead of vote on third bailout
August 13th, 2015
Faced with opposition to a new Greek bailout at home and abroad, Greek Prime Minister Alexis Tsipras on Wednesday expressed confidence that the deal would gain approval in what promises to be a tough vote in Greece’s Parliament in ...
Greece: Deal to go to Parliament after creditors’ approval
August 12th, 2015
After securing an agreement with representatives of Greece’s international creditors on Tuesday, Greek Prime Minister Alexis Tsipras must now consider how to push the deal through Parliament as efficiently as possible amid opposition at home and abroad. The deal ...
Greece and lenders agree bailout, shares rally
August 11th, 2015
Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 hours of talks ...
Greece hopes to conclude bailout talks by Aug. 11
August 10th, 2015
Greece hopes to conclude negotiations with international creditors by early Tuesday at the latest, a Greek official said as talks continued in Athens on a new multi-billion euro bailout designed to keep the country from financial ruin. Greece’s finance ...
No IMF decision on Greek bailout until autumn, Swedish representative tells paper
August 6th, 2015
There is strong support at the IMF for joining a new bailout package for Greece but the fund will not decide whether to participate until autumn, Sweden’s representative to its executive board told a newspaper. The International Monetary Fund ...
Greece expects bailout deal with lenders in two weeks
August 4th, 2015
Greece expects to conclude a multi-billion-euro deal with international lenders within two weeks, with the drafting of an accord set to start on Wednesday. A bailout worth up to 86 billion euros ($94.5 billion), needs to be settled by ...
OECD updates anti-tax evasion list
August 4th, 2015
Europe’s attempts to clean up tax evasion and money laundering took a step forward yesterday when an international task group said that Austria — a eurozone nation that was until recently falling short —was almost fully compliant with new ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
RBS, Credit Suisse recommend buying Greek debt
July 31st, 2015
It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. A last gasp deal on 13 July saw ...
