Search Results for: Greece
Cyprus Central bank head says ready to act if Greece spills over
April 28th, 2015
Central bank governor says Cyprus and Greece decoupling Georghadji says Cyprus no longer at high risk from Greece Cyprus is ready to react to any spillover from the crisis in Greece, the governor of the island’s central bank said ...
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 ...
Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece
April 22nd, 2015
According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations with the new Greek government ...
Greece rolls over 3-month T-bills in successful auction
April 15th, 2015
Cash-strapped Greece sold 812.5 million euros ($859 million) of three-month Treasury bills on Wednesday, successfully covering the entire amount it sought to raise in the second of two auctions this month that tested its ability to find funds. Despite an increasingly ...
Greece confident of reaching agreement in make-or-break 24 April deadline
April 15th, 2015
Eurozone finance ministers to pass judgment next week on reform-for-cash deal that would unlock €7.2bn (£5.2bn) of financial assistance Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails ...
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 ...
Putin Meets With Alexis Tsipras of Greece, Raising Eyebrows in Europe
April 9th, 2015
With Russia and Greece at odds with Europe, this week’s visit from the Greek prime minister Alexis Tsipras, “could not have come at a better time,” President Vladimir V. Putin said Wednesday. Mr. Tsipras, who is in tough negotiations with other European leaders over international financial ...
Greece: Plans for cooperation with China
April 7th, 2015
Greece proposed a three-year cooperation plan to Beijing involving ports, ship building and repair, credit, supply chain and culture during Greek Deputy Prime Minister Yiannis Dragasakis’s recent visit to China, according to the Chinese government. Beijing said that it ...
Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On
April 6th, 2015
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...