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Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Tuesday, October 16, 2012

Recession-hit Greece needs hope to fight 'extremism': Antonis Samaras


Scrape TV

Recession-hit Greece needs hope to fight 'extremism': Antonis Samaras
Economic Times
ATHENS: Recession-hit Greece needs hope -- and a shot of EU-IMF loans -- to fight "extremism and populism" that threaten the fabric of its society, Prime Minister Antonis Samaras said on Monday. "No economic development plan can succeed if society ...
Expert Opinion On Greece's Illusions And Euro Prospects«Market Leader» - news and previews making you rich.
Malaysia, Which Refused IMF Aid, Says Greece Needs TimeCNBC.com
IMF backs request for more time from Greece despite it not actually being ...Scrape TV
Europolitics.info -World Socialist Web Site
all 29 news articles »

READ THE ORIGINAL POST AT economictimes.indiatimes.com

Friday, September 14, 2012

European Ministers Debate Bailouts

Euro-zone finance ministers indicated they may consider giving Greece more time to meet its budget goals but ruled out additional aid for the country, while urging Spain to come clean on its overall financing needs.

READ THE ORIGINAL POST AT online.wsj.com

Euro ministers to discuss giving Greece more time

German Finance Minister Wolfgang Schuble, right, talks to the Managing Director of IMF Christine Lagarde prior of the Informal European economic and financial affairs council in capital Nicosia, Cyprus, Friday, Sept. 14, 2012. European finance ministers are gathering in Cyprus for two days of discussions about the debt crisis and the latest developments in Greece and Spain. (AP Photo/Dimitri Messinis)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.



READ THE ORIGINAL POST AT news.yahoo.com

Greece may get more time to meet commitments

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 Informal European economic and financial affairs council. (AP Photo/Petros Karadjias)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.



READ THE ORIGINAL POST AT news.yahoo.com

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 ...Fox Business

all 65 news articles »

READ THE ORIGINAL POST AT www.washingtonpost.com

Wednesday, September 12, 2012

News Summary: More Greek anti-austerity strikes

ANGRY GREEKS: In the latest Greek anti-austerity strikes, state hospital doctors, school teachers and local authority employees walked off the job to protest planned salary and funding cuts under a new $14.7 billion austerity package. About 1,500 retired and serving military officers also marched in protest.

READ THE ORIGINAL POST AT news.yahoo.com

Greece Faces More Anti-Austerity Strikes, Protests


Deutsche Welle

Greece Faces More Anti-Austerity Strikes, Protests
ABC News
A fresh wave of anti-austerity strikes hit Greece Wednesday as the leaders of the governing coalition struggled to finalize further spending cuts for the coming two years — without which the country will lose its vital rescue loans. State hospital ...
Is the US election keeping Greece in the euro?CNN
Greece's Samaras meets with ECB's DraghiMarketWatch

all 362 news articles »

READ THE ORIGINAL POST AT abcnews.go.com

Monday, September 10, 2012

As in US, conservatives in Germany question central bank action


Business Recorder

As in US, conservatives in Germany question central bank action
Los Angeles Times
WASHINGTON — The US isn't the only place where conservatives have a problem with aggressive central bank intervention in the economy. A senior member of Germany's conservative ruling said the European Central Bank was pushing the limits of its mandate ...
Top German Judge Holds Euro Fate in His HandsCNBC.com
Global stocks, euro dip before German court ruling, FedReuters
Debt crisis: German court may delay euro ruling - liveTelegraph.co.uk
Washington Post (blog) -The Associated Press -USA TODAY
all 972 news articles »

READ THE ORIGINAL POST AT www.latimes.com

Greek PM meets austerity inspectors over further cuts

Greece's prime minister started a new round of negotiations today with representatives of the country's bailout creditors, who are demanding a fresh set of controversial austerity cuts to release the next batch of rescue loans the country desperately needs to stay afloat.



READ THE ORIGINAL POST AT www.independent.co.uk

UN rights chief singles out France, Greece


UN rights chief singles out France, Greece
Sacramento Bee
GENEVA -- The U.N.'s top human rights official has, in an usual move, singled out France and Greece as worrisome areas while raising concerns about suspected abuses in dozens of other nations, with Syria topping the list. U.N. High Commissioner for ...

and more »

READ THE ORIGINAL POST AT www.sacbee.com

Greek university professors on strike to protest pay cuts under new austerity ...


AFP

Greek university professors on strike to protest pay cuts under new austerity ...
Washington Post
ATHENS, Greece — Greek university professors have joined a string of protests against pay cuts included in a new austerity program being finalized by Athens. Striking academics say the €11.5 billion ($14.6 billion) cuts for 2013-14 that Greece needs ...
Greek Party Chiefs to Meet on Budget Cuts, No Decision ReachedWall Street Journal
Greek gov't fails to agree on spending cutsUSA TODAY
Inspectors Reject Parts of Greek Austerity PlanFox Business

all 626 news articles »

READ THE ORIGINAL POST AT www.washingtonpost.com

Greek professors join anti-austerity protests

Greek university professors have joined a string of protests against pay cuts included in a new austerity program being finalized by Athens.

READ THE ORIGINAL POST AT news.yahoo.com

Greek leaders to continue talks on new austerity package Wednesday

Greek Prime Minister Antonis Samaras and the leaders of the two other parties in his coalition government will continue on Wednesday the talks on a fresh austerity package to unlock new vital bailout loans for the country.

READ THE ORIGINAL POST AT www.globaltimes.cn

Sunday, July 8, 2012

Greece says will carry out reforms, privatizations

ATHENS (Reuters) - Greece's new finance minister on Saturday pledged to carry out reforms and privatizations demanded under its latest financial rescue in an attempt to regain credibility with international partners stumping up money to keep the country afloat.



READ THE ORIGINAL POST AT www.reuters.com

Greece says will carry out reforms, privatisations


Bradenton Herald

Greece says will carry out reforms, privatisations
Reuters
Finance minister makes pledge in first policy speech* Warns of long and arduous talks with troika* Opinion poll shows Greeks split on sticking with bailoutBy George GeorgiopoulosATHENS, July 7 (Reuters)
Greece must hit targets or risk losing aid: ministerChicago Tribune
From Ireland to Greece: Tragedy and Renewal in the Eurozone CrisisHuffington Post
Greek opposition leader says government won't lastBradenton Herald

all 161 news articles »

READ THE ORIGINAL POST AT www.reuters.com

Saturday, July 7, 2012

Greek socialist leader warns of deeper recession


Telegraph.co.uk

Greek socialist leader warns of deeper recession
Reuters
Venizelos says recession worse than projected in 2012* Wants fiscal adjustment period stretched to 3 years* Opinion poll shows Greeks split on sticking with bailoutBy George GeorgiopoulosATHENS,
Greek socialist leader wants more time for deficit cutsChicago Tribune
Greece's Evangelos Venizelos calls for three-year bailout extensionTelegraph.co.uk
Greece: Socialists looking for new political identityANSAmed

all 32 news articles »

READ THE ORIGINAL POST AT www.reuters.com

Greece Bailout Targets Difficult To Reach In Current Timeline, Prime Minister Says


AFP

Greece Bailout Targets Difficult To Reach In Current Timeline, Prime Minister Says
Huffington Post
Greek PM Samaras says want to renegotiate bailout policies * Says that does not mean to change fiscal targets but more time needed * Pledges series of measures to boost growth By Dina Kyriakidou and George Georgiopoulos ATHENS, July 6 (Reuters) ...
Greece to Quicken Selling Off State FirmsWall Street Journal
Greece wants to renegotiate policies, not targets: PMReuters
Greece seeks more time to meet bailout termsAFP
New York Times
all 1,394 news articles »

READ THE ORIGINAL POST AT www.huffingtonpost.com

Greece wants to renegotiate policies, not targets


Greece wants to renegotiate policies, not targets - PM
Reuters India
ATHENS (Reuters) - Greece will meet targets set by international lenders, but needs more time and wants to renegotiate policies that make its fiscal situation worse by preventing a return to economic growth,


READ THE ORIGINAL POST AT in.reuters.com

Greece wants to renegotiate policies, not targets-PM


Greece wants to renegotiate policies, not targets-PM
Reuters
Greek PM Samaras says want to renegotiate bailout policies* Says that does not mean to change fiscal targets but moretime needed* Pledges series of measures to boost growthBy Dina Kyriakidou and.


READ THE ORIGINAL POST AT www.reuters.com

Friday, July 6, 2012

In Greece, a Bold Plan to Solve the Debt Crisis


In Greece, a Bold Plan to Solve the Debt Crisis
New York Times
The administration's policy platform, outlined by the prime minister, Antonis Samaras, in a speech to Parliament, calls for selling off government assets and reducing state spending.


READ THE ORIGINAL POST AT www.nytimes.com