Search Results for: Greek crisis
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
May 19th, 2015
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now approaching ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
Greece clears IMF hurdle but don’t relax just yet
May 12th, 2015
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a day early, goodwill towards the country is hitting highs not ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
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 ...
Deal appears distant amid deadlock in reform talks
April 17th, 2015
With negotiations between Greece and its creditors effectively deadlocked, a potential deal that could unlock crucially needed funding appeared more distant than ever on Thursday with doubts appearing about whether an agreement can be reached in time for a ...
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 ...
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 ...
Cyprus lifts all capital controls as banks recover
April 6th, 2015
Cyprus is lifting the last remaining capital controls it imposed on its banking system during the financial crisis of 2013. Cyprus was the only crisis-hit eurozone country to restrict capital transfers, as it faced a run on the banks. ...
Greece’s Tsipras Meets Cabinet as Creditors Ponder Overhauls
March 30th, 2015
Greece’s Prime Minister Alexis Tsipras is holding a cabinet meeting as Greek officials and creditors in Brussels discuss proposed overhauls for the country to secure more funds from the euro area and stave off fiscal collapse. Negotiations with Greece’s ...
