Search Results for: Greek government
Greek lawmakers back 3rd bailout after all-night debate
August 14th, 2015
Greek lawmakers approved their country’s draft third bailout in a parliamentary vote Friday that relied on opposition party support and saw the government coalition suffer significant dissent. The vote came after a marathon all-night session marked by procedural delays ...
Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF
August 7th, 2015
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions since the market reopened. However, traders viewed the recovery more ...
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 ...
Greek Financial Markets to Open as Talks With Creditors Continue
August 3rd, 2015
Greek financial markets reopen on Monday after a five-week suspension as talks continue with creditors on austerity measures and reforms required for a third bailout. Local traders will be able to buy stocks, bonds, derivatives and warrants under certain conditions, according ...
Greek Stock Market on Course to Reopen as ECB Gives Assent
July 29th, 2015
The reopening of the Athens stock market is one step closer. The European Central Bank on Tuesday approved proposals for trading rules to end the four-week closure, according to a spokeswoman for the Athens Stock Exchange. The timing of ...
What are the implications of the Greek crisis for legal business and the rule of law
July 27th, 2015
What are the implications of the Greek crisis for legal business and the rule of law? At a roundtable held under the Chatham House Rule, Jonathan Rayner heard City lawyers consider the potential fallout. Greek riot police silhouetted against ...
Greek debt crisis: MPs prepare for second vote on bailout reforms
July 22nd, 2015
The Greek parliament is to vote later on a second set of reforms needed to secure its bailout deal. If MPs approve the financial and judicial reforms, Greece will be able to press ahead with negotiations for an €86 ...
Schaeuble Shrugs Off Greek Vote Saying Euro Exit Is Best
July 16th, 2015
German Finance Minister Wolfgang Schaeuble told Greece the only way it’ll get a debt reduction is to leave the euro and cast doubt on the country’s ability to even complete negotiations on a third bailout. Schaeuble, who led the ...
The ‘Greek Debt Deal’ Is Already Starting To Fall Apart
July 15th, 2015
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted ...
3 Big Reasons Why The ‘Greek Debt Deal’ Is Really A German Trap
July 14th, 2015
Greece is saved? All over the planet, news headlines are boldly proclaiming that a “deal” has been reached which will give Greece the money that it needs and keep it in the eurozone. But as you will see below, ...