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Thursday, August 2, 2012

European Commission welcomes government agreement

The European Commission welcomed an agreement reached by the government on new structural reforms and called on Thursday for their determined implementation.

"The 10 priorities for structural reform announced today by the minister of development are a clear sign of the commitment of the Greek government to bring about the much-needed reform of the Greek economy. This is welcome," the Commission said in a statement.

READ THE ORIGINAL POST AT www.athensnews.gr

EU Welcomes Greece's Commitment to Structural Reforms


EU Welcomes Greece's Commitment to Structural Reforms
Wall Street Journal
BRUSSELS--The European Commission welcomed Thursday Greece's commitment to undertake structural reforms, saying the country's outline of 10 priorities is a sign of the government's intention to carry out an overhaul of the economy. "The pursuit of ...
EU Commission welcomes Greek reform pledge, wants implementationReuters

all 12 news articles »

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Greece To Issue More T-Bills, Tap Bank Rescue Fund To Cover ECB Bond ...


San Francisco Chronicle

Greece To Issue More T-Bills, Tap Bank Rescue Fund To Cover ECB Bond ...
Wall Street Journal
Greece plans to issue more Treasury bills this month and tap its bank recapitalization fund to pay a 3.2 billion euro ($4 billion) repayment to the European Central Bank and fund its financing needs until the end of September, two senior Greek ...
Lagarde says IMF stands by Greece, urges euro zone actionReuters
IMF Head: We Stand by GreeceFox Business
IMF Chief Lagarde Praises Greece, Spain for EffortsBusinessweek

all 294 news articles »

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Greece agrees €11.5B spending cuts

Greece's three-party coalition has reached agreement on €11.5bn of spending cuts over the next two years after the socialist party leader dropped objections to further planned reductions in pensions and public sector wages.

READ THE ORIGINAL POST AT edition.cnn.com

Pre Market Briefing, including 'Greek coalition leaders back budget cuts'


Pre Market Briefing, including 'Greek coalition leaders back budget cuts'
Proactive Investors UK
The two coalition partners of the conservative-led government of Greek Prime Minister, Antonis Samaras, have agreed to an 11.5 billion of budget cuts which are required as a requisite to qualify for further international rescue funds. S&P affirmed ...

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Greek leaders agree on budget cuts, Italy says no to EU help


Greek leaders agree on budget cuts, Italy says no to EU help
Xinhua
BRUSSELS, Aug. 2 (Xinhua) -- Greek political leaders agreed Wednesday on further budget cuts demanded by foreign lenders in exchange for more aid, but Italy's prime minister stressed that his country does not need any help from its eurozone partners.


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IMF Chief: Re Greece; 'The IMF Never Leaves The Table'


IMF Chief: Re Greece; 'The IMF Never Leaves The Table'
ForexLive (blog)
IMF Chief: Re Greece; 'The IMF Never Leaves The Table'. By Market News International || August 1, 2012 at 17:30 GMT. || 0 comments || Add comment. –Will Be Honest But Will Also Be Demanding With Greek Government –Global Econ Picture 'Bleak'; Does ...

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