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Friday, August 17, 2012

Despite progress, Greece is still a risk- Dutch FinMin


Despite progress, Greece is still a risk- Dutch FinMin
ForexLive (blog)
Despite progress, Greece is still a risk- Dutch FinMin. By Jamie Coleman || August 17, 2012 at 11:53 GMT. || 0 comments || Add comment. In case you figured Greece was done and dusted… ;). Share and Enjoy: RSS · Facebook · Twitter · LinkedIn · email ...

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Greece close to sealing cuts package: finmin official


Greece close to sealing cuts package: finmin official
Reuters
ATHENS (Reuters) - Greece has inched closer to nailing down the cuts required by its foreign creditors in exchange for financial aid, agreeing 10.8 billion of the 11.5 billion euros worth of cuts demanded, a government official said on Friday ...
Greece Close to Slashing Billions in Costs: OfficialCNBC.com

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Greece: Central government debt at $372 billion at end of 2nd quarter 2012


Greece: Central government debt at $372 billion at end of 2nd quarter 2012
Washington Post
By Associated Press, AP. ATHENS, GreeceGreece's Finance Ministry says the country's total central government debt stood at €303.5 billion ($372.67 billion) at the end of July 2012, up from €280.2 billion at the end of the first three months of this ...

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The Greek Grassroots Challenge to the Politics of Austerity


The Greek Grassroots Challenge to the Politics of Austerity
OpEdNews
The crisis in Greece began with the discovery that the Greek government had been concealing the size of its debt in order to stay within the monetary union guidelines: it was revealed to be 120 percent of GDP, one of the highest percentages in the world.


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Small states squabble over euro zone's future

VIENNA/HELSINKI (Reuters) - Smaller euro zone countries that have retained top credit ratings through the region's crisis squabbled on Friday over whether struggling nations like Greece that threaten the currency union's stability should be kicked out.



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Merkel Mulls Easing Greece Bailout Terms, Lawmakers Say


Voice of America

Merkel Mulls Easing Greece Bailout Terms, Lawmakers Say
Bloomberg
Merkel's government is torn between showing some leniency toward Greece as it struggles to meet the terms of its rescues and insisting that Prime Minister Antonis Samaras delivers on his promises, Klaus-Peter Willsch and Frank Schaeffler, both of whom ...
Merkel Mulls Easing Greece Bailout Terms, German Lawmakers SaySan Francisco Chronicle
eKathimerini, Greece: PM cautious on extensionFocus News
Greece to Seek Delay in Meeting Austerity MeasuresVoice of America
Business Insider -Reuters
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No Aid for Greece Unless It Sticks to Commitments -- German Official


No Aid for Greece Unless It Sticks to Commitments -- German Official
Wall Street Journal
The so-called troika--a commission of experts from the European Commission, the European Central Bank and the International Monetary Fund--visited Greece to assess the country's progress with reforms and austerity measures. They are slated to release a ...
Greece Euro Exit Manageable for German Banks, CDU's Fuchs SaysBusinessweek

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