Search Results for: German Chancellor Angela Merkel
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 ...
Greece Weakens Yanis Varoufakis’s Influence in Bailout Talks
April 27th, 2015
Country shuffles bailout team involved in talks with international creditors Greece has shuffled the team involved in bailout talks with the country’s international creditors, a senior government official said Monday, in a move that may reduce the influence outspoken ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
Greece will stay in euro: Barroso (Video)
March 23rd, 2015
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
Greece Grabs Cash as More Than $2 Billion in Payouts Loom
March 17th, 2015
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout funding and locked out of capital markets, the government will ...
Creditors maintain tough stance as Greece presents reforms
March 5th, 2015
As pressure builds on Greece to implement economic reforms in order to secure crucial rescue funding, the country’s representative to the Euro Working Group on Wednesday presented to his eurozone counterparts the six proposals Greece intends to make at ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
Greek PM Tsipras in Brussels as clock ticks on EU bailout (Video)
February 12th, 2015
Greece‘s radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers’ failure to narrow differences overnight. The summit chairman, conservative former Polish ...
