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Wednesday, October 24, 2012

Greece to Get Two More Years on Budget Targets


Wall Street Journal

Greece to Get Two More Years on Budget Targets
Wall Street Journal
ATHENS—Greece will be given an extra two years to meet its budget targets but will also need to make further budget cuts and lay off thousands of state workers, according to a draft loan agreement. Enlarge Image. image. Close. image. European ...
German finmin spox-Euro group hasn't decided on GreeceReuters
Euro rallies as draft MOU leaked in GreeceForexLive (blog)

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Germany's Schaeuble says can't confirm Greece has 2 more years


NDTV

Germany's Schaeuble says can't confirm Greece has 2 more years
Reuters
BERLIN Oct 24 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Wednesday he could not confirm that Greece has received a two-year extension on its international bailout targets - as reported from Athens - and deferred instead to the ...
Eurozone crisis live: Confusion over Greek austerity deal, amid anger over ...The Guardian
Greece gets 2-year bailout extensionCNN
Germany: No basis for report of Greek extensionMarketWatch
Wall Street Journal -Bloomberg -Economic Times
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Greece fights drug shortages by suspending exports


Greece fights drug shortages by suspending exports
Reuters
Regulator EOF says wants to avoid shortages of medicines. * Move follows further 300 mln euros of drug price cuts. * Greece urges other countries not to reference its prices. By Ben Hirschler. LONDON, Oct 24 (Reuters) - The Greek government, battling a ...

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Eurozone debt burden rises to 90 percent of its economy despite raft of ...


FRANCE 24

Eurozone debt burden rises to 90 percent of its economy despite raft of ...
Fox News
The increase comes despite a dramatic fall in debt in the first quarter after Greece had successfully negotiated a deal with private bondholders to accept a writedown of their Greek holdings. The country's debt was reduced to €280 billion in the first ...
Greek deficit, debt worse than thoughtHerald Sun
Eurozone debt hits 90 percent of economy's worthYahoo! News (blog)
Greek gov't rushes to secure bailout aid, as 2011 deficit revised upwardsNzweek
FRANCE 24 -Press TV -International Financing Review
all 474 news articles »

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Germany, Greece Sell 1.35 Million EU Carbon Permits in Auctions


Germany, Greece Sell 1.35 Million EU Carbon Permits in Auctions
Bloomberg
Germany and Greece sold a total of 1.4 million European Union carbon permits in separate auctions. Germany sold 850,000 permits for December at 7.72 euros ($10.02) a metric ton on the European Energy Exchange AG, according to data form the ...

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Greece wins two-year reprieve on bailout program

Greek Finance Minister Yannis Stournaras has said his debt-laden country would be given more time to meet bailout requirements. The reprieve comes in exchange of yet another multi-billion-euro austerity package.

READ THE ORIGINAL POST AT www.dw.de

Troika Report on Greece 'Not Ready Yet'


Troika Report on Greece 'Not Ready Yet'
NASDAQ
A much-awaited report on Greece's progress in repairing its economy is not yet available, but the German government expects the troika to recommend changes to their previous agreement with Athens, the German deputy finance minister said Wednesday.


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