Greece may be given some more breathing room to meet its bailout commitments but no more money, European finance ministers indicated Friday as they gathered in Cyprus for a top-level meeting.
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How the world sees Greece
Showing posts with label christine lagarde. Show all posts
Showing posts with label christine lagarde. Show all posts
Friday, September 14, 2012
Euro ministers to discuss giving Greece more time
Euro ministers meet following the ECB's bond plan; Greece, Spain to top agenda
Euro ministers meet following the ECB's bond plan; Greece, Spain to top agenda 680 News International Monetary Fund (IMF) Managing Director Christine Lagarde leaves the presidential palace after meeting with Cyprus' president Dimitris Christofias, unseen, in capital Nicosia, Cyprus, Thursday, Sept. 13, 2012. Lagarde is in Cyprus for an ... |
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Greece may get more time to meet commitments
Greece may be given more time to meet its bailout commitments if the country's recession turns out worse than expected, but no more money will be provided by its euro partners, Dutch finance minister Jan Kees de Jager said Friday.
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Greece may get more time to meet commitments, but Dutch finance minister ...
 San Francisco Chronicle | Greece may get more time to meet commitments, but Dutch finance minister ... Washington Post NICOSIA, Cyprus — Greece may be given more time to meet its bailout commitments if the country's recession turns out worse than expected, but no more money will be provided by its euro partners, Dutch finance minister Jan Kees de Jager said Friday. Dutch Finance Minister: Greece May Get More Time for Budget Goals, Not More ... |
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IMF's Lagarde discusses Cyprus bailout, gives little away
 swissinfo.ch | IMF's Lagarde discusses Cyprus bailout, gives little away Reuters Euro zone minnow Cyprus, with a GDP of just 17 billion euros, asked for aid in June to rescue its largest banks, heavily exposed to Greek debt. Talks with the European Commission, the IMF and the European Central Bank, known as the troika, have been ... Greece may get more time to meet commitments Euro ministers meet to discuss rescue efforts Lagarde and Draghi in Cyprus for crunch ECOFIN meeting |
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Friday, July 6, 2012
Greece Bows to Pressure on Bailout Terms
Greece Bows to Pressure on Bailout Terms CNBC.com Greece's new government has dropped a plan to seek softer terms for its second bailout following warnings that it would be rejected by international lenders, the Financial Times reports. |
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Thursday, July 5, 2012
International inspectors arrive in Athens for economic review
 Winnipeg Free Press | International inspectors arrive in Athens for economic review Los Angeles Times ATHENS — After months of political paralysis, international debt inspectors returned to Athens on Thursday to assess how much progress — if any — cash-strapped Greece had made in grueling attempts to fix its faltering economy. Greek finance minister says Athens must get program on track: FT Greece drops demand to ease bailout terms Greece admits it's off track on bail-out terms |
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Greece's Creditors to Take Tough Line
Greece's international creditors look set to take a tough line with Athens as they begin meetings Thursday aimed at assessing the country's progress—or lack thereof—in implementing terms of its latest multibillion-euro bailout.
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Friday, June 22, 2012
Eurozone agrees to move quickly on Spain, Greece
Troubled eurozone nations agreed to act quickly to save Spain's banks, and to send international creditors to Greece for an update from the new government.
The IMF meanwhile called on Thursday for the euro area to establish full banking union, and for the European Central Bank to adopt more demand-generating stimulus policies to help tackle the crisis.
Adding to the sense of urgency, ratings agency Moody's downgraded the credit ratings of 15 of the world's largest financial institutions, citing exposure risk and Europe's economic woes.
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Wednesday, June 20, 2012
Debt crisis: live
After almost three days of negotiations, Greece has formed a government and its key aim will be to "form a bailout renegotiaton team", according to Socialist leader Evangelos Venizelos.
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| READ THE ORIGINAL POST AT www.telegraph.co.uk |
Europe gets lengthy homework assignment from G-20
 CBC.ca | Europe gets lengthy homework assignment from G-20 MarketWatch WASHINGTON (MarketWatch) — The Group of 20 leaders presented a lengthy homework assignment to their European colleagues and said it was critical that some of the work be completed at the European Union summit meeting later this month. Barack Obama 'confident' in eurozone crisis resolution World Leaders Weigh Stimulus Vs. Austerity at G-20 European Shares to Open Lower; Euro Zone Crisis Still Weighs |
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| READ THE ORIGINAL POST AT articles.marketwatch.com |
IMF team to head to Greece as soon as government is formed
IMF team to head to Greece as soon as government is formed FOX 4 News myFOXdfw.com is the official Web site for Dallas news, breaking news, weather forecasts and sports in the Dallas-Fort Worth Metroplex area. More from ... |
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Greece close to forming coalition govt
Greece on Wednesday was close to forming a coalition to revise an unpopular EU-IMF bailout deal and pull the country out of a harrowing recession that has doomed its economic recovery efforts.
After two months of inertia and two elections within six weeks, the struggling eurozone member badly needs to get back on track with reforms promised for an international bailout that has kept it alive these past two years.
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| READ THE ORIGINAL POST AT www.france24.com |
Greece close to forming coalition government
Greece on Wednesday was close to forming a coalition to revise an unpopular EU-IMF bailout deal and pull the country out of a harrowing recession that has doomed its economic recovery efforts.
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| READ THE ORIGINAL POST AT news.yahoo.com |
Monday, June 18, 2012
IMF leader: G20 must address 'mission critical' to restore investor confidence ...
 BBC News | IMF leader: G20 must address 'mission critical' to restore investor confidence ... Washington Post LOS CABOS, Mexico — Finger-length and emerald-green, the lawns of time-share condos and all-inclusive resorts seem to gleam in the bright sun as the surf rolls gently against the white-sand beaches of Los Cabos. Sometimes the only noise is the ruffling ... EU/IMF bailout forms basis for Greek growth and jobs-EU IMF leader: G20 must restore investor confidence Gillard touches down in Mexico ahead of G20 summit |
Sunday, June 17, 2012
Greeks under pressure in cliffhanger euro election
Greeks angered by austerity take to the polls on Sunday for an election that could decide their future in the euro amid unprecedented external pressure not to vote for a radical leftist firebrand.
German Chancellor Angela Merkel said it was "extremely important" for Greeks to elect lawmakers who would respect the terms of a controversial bailout deal, which Syriza leader Alexis Tsipras has promised will be "history" on Monday.
Wednesday, June 13, 2012
Merkel may sacrifice Greece to save euro, says Osborne in bid to get voters to back steps to save currency
The Chancellor indicated that Germany may need the inevitable crisis that would follow a Greek exit to persuade its own voters to step in.
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