Search Results for: Greece
Asian shares and euro slip as Greece fails to reach debt deal
June 15th, 2015
Asian shares fell and the euro skidded in Asian trade on Monday, after Greece‘s talks with lenders to avert a default ended with no agreement and Wall Street logged losses ahead of a Federal Reserve meeting. European Union officials ...
Brussels talks halted as pressure on Greece mounts
June 12th, 2015
The International Monetary Fund has withdrawn its delegation from negotiations in Brussels aimed at breaking an impasse and unlocking crucial loans, citing significant differences with the Greek side following another round of talks between Prime Minister Alexis Tsipras, German ...
What will happen if Greece leave the Euro?
June 11th, 2015
Will Greece leave the euro? Surely not. Europe must muddle through. There will be a deal and both sides will claim victory and clasped hands will be raised. Everyone knows there will be no Grexit, only more grandstanding for ...
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 ...
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 ...
European Leaders Deciding On Greece’s Fate Agree That Talks Must Intensify
June 2nd, 2015
European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece’s fate after an extraordinary meeting in Berlin about ways to avert a default. The top-level huddle lasted past midnight ...
Asian stocks down as markets weigh Greece, US growth
June 2nd, 2015
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency bloc. KEEPING SCORE: Japan’s Nikkei 225 was down 0.1 percent ...
G7 finance chiefs discuss growth risks, urge deal on Greece
May 28th, 2015
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...
Varoufakis says Greece committed to reforms, rules out more austerity
May 26th, 2015
Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday. But it cannot meet requests from its creditors to adopt further austerity measures this ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
