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Showing posts with label european commission. Show all posts
Showing posts with label european commission. Show all posts

Friday, September 14, 2012

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 commitmentsSan Antonio Express
Euro ministers meet to discuss rescue effortsMacon Telegraph (blog)
Lagarde and Draghi in Cyprus for crunch ECOFIN meetingFamagusta Gazette
Financial Mirror
all 117 news articles »

READ THE ORIGINAL POST AT in.reuters.com

Thursday, September 13, 2012

Wednesday, September 12, 2012

Greece revs up privatization drive to sway troika


AFP

Greece revs up privatization drive to sway troika
Reuters
ATHENS (Reuters) - Greece kickstarted a stalled privatization drive on Wednesday to appease international lenders, saying it would start the sale of 29 percent of one of its most profitable companies - gambling monopoly OPAP - next week. Inspectors ...
Greece faces more anti-austerity strikes, protestsThe Associated Press
Greece Aid Decision May Be Delayed to November - EU SourcesWall Street Journal

all 473 news articles »

READ THE ORIGINAL POST AT www.reuters.com

Greece revs up privatisation drive to sway troika


Business Recorder

Greece revs up privatisation drive to sway troika
Reuters
ATHENS, Sept 12 (Reuters) - Greece outlined a plan to sell one of its most profitable state-controlled companies, gambling monopoly OPAP, reviving a stalled privatisation drive to appease international lenders. Inspectors from the troika of European ...
Greece faces more anti-austerity strikes, protestsThe Associated Press
Greece Aid Decision May Be Delayed to November - EU SourcesWall Street Journal

all 406 news articles »

READ THE ORIGINAL POST AT in.reuters.com

Monday, September 10, 2012

Greece Wrestles With Cuts to Unlock Bailout Funds

Greece had tough talks with its European lenders over an 11 billion euro package of budget cuts needed for the country to receive its next allotment of bailout money.

READ THE ORIGINAL POST AT www.nytimes.com

Greek PM seeks to convince creditors of austerity plan

The head of Greece’s government holds crucial talks in Athens with representatives of the international lenders that are funding the country’s financial bailout packages.

READ THE ORIGINAL POST AT www.dw.de

Inspectors Reject Some Cuts By Greece

Visiting international inspectors on Sunday rejected parts of Greece's proposed austerity plan, forcing the country's coalition government to seek fresh spending cuts to meet creditors' demands.

READ THE ORIGINAL POST AT online.wsj.com

Saturday, July 7, 2012

Greece to Quicken Sales of State Firms

Greece's newly elected prime minister said he would ramp up privatizations, close down dozens of state agencies and overhaul the country's dysfunctional public sector.

READ THE ORIGINAL POST AT online.wsj.com

Greek Premier Says Halt to Recession a Priority


San Francisco Chronicle

Greek Premier Says Halt to Recession a Priority
Wall Street Journal
Greece's newly elected prime minister said he would ramp up privatizations, close down dozens of state agencies and overhaul the country's dysfunctional public sector. But he drew the line at further wage and pension cuts, as he tried to balance the ...
New Greek prime minister outlines crisis policySan Francisco Chronicle
Samaras Pledges Asset Sales for Greek ProgramBusinessweek

all 1,366 news articles »

READ THE ORIGINAL POST AT online.wsj.com

Greek Premier Aims to Halt Recession

Greece's newly elected prime minister said he would ramp up privatizations, close down dozens of state agencies and overhaul the country's dysfunctional public sector.

READ THE ORIGINAL POST AT online.wsj.com

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: FTReuters
Greece drops demand to ease bailout termsFinancial Times
Greece admits it's off track on bail-out termsTelegraph.co.uk
Wall Street Journal -Moneycontrol.com -Washington Post
all 338 news articles »

READ THE ORIGINAL POST AT latimesblogs.latimes.com

Greek Finance Minister: Country Falling Short On Bailout Promises


Independent Online

Greek Finance Minister: Country Falling Short On Bailout Promises
Huffington Post
ATHENS, Greece -- Greece is falling short of some of the commitments it has made in return for billions of euros of rescue money, the country's new finance minister admitted Thursday after meeting representatives of the country's financial rescuers for ...
Greek Socialists Call for New Loan Terms as Recession DeepensWall Street Journal
New Greek Finance Minister Sworn InTIME
Greece sees 'difficult years ahead' as EU-IMF talks beginAFP
Chicago Tribune
all 300 news articles »

READ THE ORIGINAL POST AT www.huffingtonpost.com

Greek Finance Minister: Greece Is Falling Short On Promised Reforms

ATHENS, Greece -- Greece is falling short of some of the commitments it has made in return for billions of euros of rescue money, the...

READ THE ORIGINAL POST AT www.huffingtonpost.com

Greece's new FinMin: some reforms off track




After months of political turmoil that led to a hiatus in the implementation of reforms as Greece struggled through two inconclusive elections, the country's international debt inspectors from the European Central Bank, European Commission and International Monetary Fund have returned to Athens for the first time in over three months to inspect the status of the debt-ridden country's finances.

The hardship led voters furious with mainstream politicians' handing of the crisis to abandon the traditionally dominant parties in droves in favor of smaller anti-bailout parties advocating Greece renege on its bailout conditions.

Since its last visit in late March, the troika has returned to meet with the new government and explore the financial situation.

The troika heads' visit was also delayed by about a week after Samaras was forced to stay home for several days to recuperate from serious eye surgery carried out just after the election, and his designated finance minister was hospitalized and later turned down the post for health reasons.

Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the governing coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.


READ THE ORIGINAL POST AT www.sfgate.com

Greece meets 'troika' over bailout revisions

Athens opens talks with European Central Bank, European Commission and IMF to adjust terms of two bailouts worth $300bn.

READ THE ORIGINAL POST AT www.aljazeera.com

Greek Socialists Call for New Loan Terms


Business Recorder (blog)

Greek Socialists Call for New Loan Terms
Wall Street Journal
Greece's socialist party, a member of the coalition government, called for renegotiation of the country's loan terms as international inspectors began a visit to Athens to assess the country's progress in implementing its bailout commitments.
Greek Socialists Call for New Loan Terms as Recession DeepensNASDAQ
New Greek Finance Minister Sworn InTIME
Greek PM returns to action for bailout revisionBusiness Recorder (blog)
Reuters -FRANCE 24 -MSN Philippines News
all 254 news articles »

READ THE ORIGINAL POST AT online.wsj.com

Greece talking with debt inspectors after hiatus




The debt inspectors from the European Central Bank, European Commission and International Monetary Fund, known as the troika, were meeting the new government, whose coalition partners want to persuade the country's rescue creditors to ease some of the strict terms of its bailout.

The inspection visit is the first in several months due to political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros worth of international bailout loans from other European countries using the euro, and the IMF.

Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.

Stournaras' televised swearing in ceremony at the presidential mansion was the first time Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.


READ THE ORIGINAL POST AT www.sfgate.com

New Greek financial minister meets troika officials





The new Greek Finance Minister Yannis Stournaras was sworn in Thursday, mere hours before he met with the trio of financial bodies tasked with monitoring the country’s massive bail-out commitments.





READ THE ORIGINAL POST AT www.france24.com