Eurozone ministers struck a long delayed bailout deal with Greece to unlock badly needed rescue cash, but warned Athens would have to wait for debt relief. After hours of talks on Thursday in Luxembourg the International Monetary Fund (IMF) chief Christine ...
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Thursday, June 15, 2017
Supporting Refugee Families and Individuals in Greece (June 2017)
The world is currently experiencing the highest levels of displacement on record. In Europe alone we are witnessing the largest refugee population since World War II. Since 2015, ADRA has placed a priority on meeting the essential needs of refugee families ...
IMF Managing Director Christine Lagarde to Propose Approval in Principle of New Stand-By Arrangement for Greece
Approval in Principle (AIP) would allow the IMF to be supportive of the progress made on policies, while release of resources under the IMF arrangement would be conditional upon Greece’s European creditors providing commitments for debt relief sufficient ...
Brexit & Beyond: Bank of England Turns Hawkish, Tables Turned Between U.K. and France, Greece’s Capital Controls
Brexit & Beyond: Europe in Flux is The Wall Street Journal’s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS U.K. Prime Minister Theresa May speaking in the House of ...
Greece Police Investigators Not Giving Up on 41-Year-Old Child Death Cold Case
GREECE, N.Y. -- For 41 years, the death of a child, found in the basement of a Greece Apartment Complex, has remained a mystery. Police interviewed dozens of people, but never solved the death. "Case went cold for many, many years," Greece Police Sgt.
Ship carrying vehicles on fire off GREEK island of Rhodes
GREEK authorities say a cargo ship carrying vehicles has caught fire off the island of Rhodes but none of the 32 people on board are in immediate ...
Cyprus, Greece, Israel to speed up pipeline efforts (Updated)
… Cyprus, Greece and Israel said on Thursday … of Israel and Cyprus with Greece and possibly Italy, at a … , the Greek island of Crete and mainland Greece to European grids. Greece had proposed …
Business Live: Greece secures new bailout cash
Qatar has signed a $12bn deal to buy F-15 fighters jets from the US. The sale of the Boeing-made aircraft was finalised at a meeting in Washington between US defence chief Jim Mattis and his Qatari counterpart. It comes days after US President Donald …
EU ministers approve Greece funding deal
… Minister Wolfgang Schaeuble (L) and Greece Finance Minister Euclid Tsakalotos (R … on longer-term debt relief for Greece once the current funding scheme … and structural reforms enacted by Greece, including income tax and pension …
Creditors Reach Bailout Deal With Greece, Unlocking Crucial Aid
… . The Washington-based fund, which co-financed Greece’s first two rescue programs … recognition by the IMF that Greek debt will become sustainable could … thereafter. Meanwhile, creditors agreed that Greece’s primary surplus, which excludes …
Eurozone agrees Greek bailout payment, IMF comes on board
LUXEMBOURG: Eurozone ministers struck a long-delayed bailout deal with Greece on Thursday (Jun 15) to unlock badly needed rescue cash, but warned Athens would have to wait for debt relief. After hours of talks in Luxembourg IMF chief Christine Lagarde and ...
German parliament must decide if Greek deal a fundamental change: Schaeuble
BERLIN The German parliament's budget committee must decide if the bailout plan for Greece agreed by euro zone finance ministers and the IMF on Thursday evening amounts to a significant change to the existing program, Germany's finance minister said.
Greece ETF Rises As EM Falls: Billions In Loans Coming
Greece has pushed through the necessary reforms needed for lenders to unblock roughly 8.5 billion euros ($9.5 billion) in loans needed to pay debts and have a cash buffer, euro zone leaders agreed. The money will be paid in tranches and Greece wanted a ...
German parliament will discuss Greece deal on Friday
Germany's parliament will discuss an 8.5 billion euro bail-out deal agreed wth Greece on Friday, Wolfgang Schaeuble said after a meeting with his fellow eurozone finance ministers, insisting that the deal would help restore Greece to competitiveness.
Greece gets $9.5 billion, plus promise of future debt relief
LUXEMBOURG (AP) -- European creditors on Thursday approved giving Greece $9.5 billion in bailout cash to meet a big summer repayment and promised that the burden of the country's future debt repayments would be eased. After a meeting in Luxembourg of ...
Germany 'confident' of GREECE bailout deal
LUXEMBOURG: German Finance Minister Wolfgang Schaeuble, the euro zone's most influential official, said he was confident that GREECE will win ...
Euro zone finance ministers agree on 8.5 billion euro loan to GREECE
GREECE'S European creditors agreed to give the cash-strapped country the next batch of money due from its bailout and outlined a series of debt relief ...
IMF's Lagarde backs compromise to unlock aid for GREECE
Christine Lagarde, managing director of the International Monetary Fund, on Thursday unveiled a plan that will unlock some new funding for GREECE.
Eurozone ministers strike deal to release funds to Greece
Eurozone ministers have struck a deal to unlock the latest tranche of Greece's bailout cash. The bailout fund will disburse 8.5bn euros (£7.4bn) to Greece, eurozone ministers said in a statement. The latest tranche of the international bailout will help ...
Greece set to receive $9.5 billion bailout instalment and IMF to provide new stand-by arrangement
LUXEMBOURG (AP) — Greece set to receive $9.5 billion bailout instalment and IMF to provide new stand-by arrangement.
Eurogroup agrees 8.5bn euro deal for Greece
A meeting of Eurogroup officials today has resulted in an agreement of a disbursement of €8.5bn for Greece. The governing bodies of the European Stability Mechanism (ESM) are expected to approve the disbursement of the third tranche of the ESM programme ...
The Latest: Greece to Get $9.5 Billion Bailout Payment
LUXEMBOURG (AP) — The Latest on the Greek bailout discussions (all times local): 9:15 p.m. Greece's European creditors agreed to give the cash-strapped country the next batch of money due from its bailout and outlined a series of debt relief measures ...
Greece Wins 8.5 Billion Euro Payout, Debt Deal Delayed to 2018
IMF agrees to participate in bailout, won’t contribute funds Greece’s creditors agreed to release 8.5 billion euros ($9.5 billion) in new loans for Athens, capping a key chapter of the country’s bailout and ending months of uncertainty over whether ...
Search on to identify remains of a child found in GREECE in 1976
Authorities are looking for the public's help in identifying the remains of a child found 41 years ago in GREECE. It's a case that dates back to March 1976 ...
Greece wins approval to get more bailout cash, gets OK for a debt relief package when its bailout ends next year
LUXEMBOURG (AP) -- Greece wins approval to get more bailout cash, gets OK for a debt relief package when its bailout ends next year.
GREEK Debts: Is It Time To Let The Venus De Milo Go Home?
The statue of Venus, or Aphrodite in GREEK mythology, “is a migrant. It's about time she comes home,” Zampeta Tourlou, who represents the island in ...
Netanyahu honors GREEK Jews at Salonika dedication of Holocaust museum site
(JTA) — Israeli Prime Minister Benjamin Netanyahu honored the GREEK Jewish community lost during the Holocaust at the dedication of a site to build ...
Schäuble Confident about Greece Deal
Finance Minister Wolfgang Schäuble has expressed confidence that Greece’s European creditors and the International Monetary Fund (IMF) will reach an agreement on Thursday to pay out the next tranche of bailout money to Athens, but said debt relief would ...
Europe, Once Again, Kicks a Long-Term Solution to Greek Debt Down the Road
Greek Prime Minister Alexis Tsipras is set to get the cash he needs to meet some urgent payments next month to his creditors. But Athen’s financial crisis will live to see another day. European finance ministers met in Luxembourg Thursday, where they ...
Schaeuble optimistic about Greece deal, says agreement had been reached late May
Finance ministers from the eurozone are meeting Thursday to decide whether to unfreeze the latest installment of Greece's rescue loans and provide clarity over any debt relief measures they will provide. The IMF, which took part in Greece's two previous ...
Schäuble and Lagarde voice optimism over GREEK loan disbursement
Amid a longstanding dispute between the EU and the IMF over the level of debt relief needed for the GREEK economy, Mr Schäuble said that he was ...
Greek bailout funds on the cards as creditors narrow differences
… Greek bailout until European creditors agreed on far-reaching proposals to ease Greece … feelings tersely: “Optimistic”, he said. Greece’s leftwing government, which has … the Greek economy. IMF officials do not believe EU assumptions that Greece …
Xiaomi Opens First Brick-And-Mortar Store In Athens, GREECE
Xiaomi has opened its first offline brick-and-mortar Mi Home store in GREECE, in partnership with local IT firm Info Quest Technologies. The store is ...
Netanyahu in GREECE: Med pipeline would be 'revolution'
THESSALONIKI, GREECE (AP) — Prime Minister Benjamin Netanyahu promised Thursday to promote plans for an ambitious Mediterranean undersea ...
GREECE set for latest bailout, amid debt relief pressure
GREECE is in line for its next batch of bailout loans. Lenders are preparing to unblock up to 8.5 billion euros, desperately needed by Athens to pay its ...
Greek Pro-Palestinian activists protest Netanyahu’s visit to Thessaloniki
Pro-Palestinian Greek activists and members of the Popular Front for the Liberation of Palestine are protesting in Thessaloniki against the Israeli Prime Minister Benjamin Netanyahu’s visit to the city. Netanyahu comes to Thessaloniki for the trilateral ...
Greek tragedy! TOWIE's Amber Turner and Jade Lewis' bitter feud has hotted up again after the pair came FACE-TO-FACE while stranded on the same cruise ship in Mykonos
The feud rumbles on between TOWIE's Jade Lewis and Amber Turner. And having run into one another in Mykonos this week, the bad blood continues to gush between the warring pair who have been fighting over hunky Jamie Reed. According to an eyewitness, Jade ...
Greek Pork Kebab Platter with Greek Pico de Gallo
Fresh summer meals and outdoor entertaining are where it is at when it comes to this Greek Pork Kebab Platter with Greek Pico de Gallo. Juicy chunks of pork tenderloin are grilled with onion, lemon, and oregano and served platter style with Greek Pico de ...
Schäuble 'confident' of Greece securing funds
Eurozone ministers, including its most powerful official Wolfgang Schäuble, are optimistic about reaching a bailout deal with Greece. But Athens will have to wait longer for a deal on future debt relief.
ANCIENT GREECE MEETS GEARS OF WAR IN ‘HERCULES: WRATH OF THE HEAVENS’
Ancient Greece meets Gears of War in this stunningly illustrated, science fiction retelling of The Legend of Hercules by multi award-winning writer Jean-David Morvan (Wolverine: Saudade) War rages across the galactic frontier. Hercules, half-human, half ...
Greece-Israel-Cyprus trilateral Summit end with Greek, Israeli, Cypriot leaders’ statements
Three leaders focused on energy and stability in wider region
Yvette Jarvis of Panathinaikos and Athens City Council, Speaks with TNH
ATHENS – Brooklyn-born Yvette Jarvis traveled to Greece in 1982 after graduating from the University of Massachusetts. An accomplished basketball player, she was recruited by […] The post Yvette Jarvis of Panathinaikos and Athens City Council, Speaks with TNH appeared first on The National Herald.
Ancient Theater in Larisa, Greece, Via TNH’s Camera
The First Ancient Theatre of Larissa was constructed inside the ancient city’s centre during the reign of King Philip V of Macedonia, towards the end […] The post Ancient Theater in Larisa, Greece, Via TNH’s Camera appeared first on The National Herald.
How Greek Pensioners Should Learn to Stop Worrying and Love the Cuts
What’s all this fuss about Greece’s economic crisis? It’s just not that hard a problem to solve, even seven years deep into harsh austerity measures, […] The post How Greek Pensioners Should Learn to Stop Worrying and Love the Cuts appeared first on The National Herald.