BRUSSELS — Euro-area taxpayers will be protected from losses on aid to Greek banks because of new European Union burden-sharing rules, EU ...
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| READ THE ORIGINAL POST AT my.chicagotribune.com |
How the world sees Greece
Thursday, August 20, 2015
Greek bank rescue won't rely on taxpayer funds, EU official says
'New Greek bailout doesn't make sense economically'
For example, Gregor Gysi said Germany was earning €100 billion from the Greek crisis because of a favorable interest rate policy. Does he have a ...
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| READ THE ORIGINAL POST AT www.rt.com |
Greek bailout moves ahead after Germany backs programme
Germany's lower house backed the programme following a three-hour debate on Wednesday
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| READ THE ORIGINAL POST AT www.business-standard.com |
Eldorado stock tumbles as Greece halts activity at Canadian-run mine
Greece has suspended the mining operations of Canada’s Eldorado Gold in northern Greece, saying the company violated contract terms, in a setback to one of the top foreign investment projects in the country. The $1-billion project is considered a test ...
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| READ THE ORIGINAL POST AT www.theglobeandmail.com |
Smugglers now using jet skis to ferry irregular migrants from Turkey to Greek isles!
Lucrative migrant-smuggling reaches epidemic proportions; Greece's sea borders being 'rescinded' in eastern Aegean
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| READ THE ORIGINAL POST AT en.protothema.gr |
Wednesday, August 19, 2015
Eurozone Approves First Tranche of New Greek Bailout
Greece will receive immediately about EUR 23B, the first tranche of its third bailout programme, after eurozone finance ministers approved the disbursement on Wednesday evening, AFP reported. The disbursement will allow the government in Athens to repay a loan instalment of EUR 3.4B to the European Central Bank on Thursday. The approval of the first tranche of the new rescue programme for Greece totalling EUR 86B comes after parliaments in Eurozone member states endorsed the bailout. German and Dutch parliaments approved the Greek bailout earlier on Wednesday, after Austrian, Estonian, and Spanish MPs gave the green light to the rescue programme on Tuesday.
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| READ THE ORIGINAL POST AT www.novinite.com |
ESM approves third program for Greece — official statement
The ESM will provide up to €86 billion in financial assistance to Greece over three years
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| READ THE ORIGINAL POST AT tass.ru |
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