Greece and Creditors Struggle for Elusive
Wall Street JournalGreece and Creditors Struggle for Elusive DealWall Street JournalGreece and its lenders are casting around for ways to prevent the country from defaulting on debts to the International Monetary Fund in June, as negotiations to unlock bailout aid barely inch forward and the Athens government runs dangerously low on cash.How politics will seal the fate of GreeceFinancial TimesGreece, creditors not in talks on extending bailout: CommissionReutersEuro under pressure after Greece warns it could fail to meet IMF repaymentThe GuardianSmarter Analyst -Politico -RTall 514 news articles »
Posted on 22 May 2015 | 3:42 pm
The Migrant Crisis on Greece's Islands - The
The New YorkerThe Migrant Crisis on Greece's IslandsThe New YorkerThe number of migrants arriving in Greece this year rivals the number of those coming to Italy, although the Eastern Mediterranean route is less deadly. Credit Photograph by Giorgos Moutafis. The Greek island of Kos is two and a half nautical miles ...
Posted on 22 May 2015 | 11:23 am
Germany, France usher Greece back to
ReutersGermany, France usher Greece back to negotiating tableReuters"Everyone knows the deadline, because it'll be around June 6 or 7 that Greece will need liquidity to meet certain repayments," Hollande said. "That doesn't mean that other phases cannot be prepared but what interests the Chancellor and I is what ...Merkel Flags Challenges Ahead in Greece TalksWall Street JournalMerkel Stamps Out Optimism on Greece After Tsipras TalksBloombergMerkel Warns 'Whole Lot Left' to Do on Greece Bailout TalksU.S. News & World ReportIrish Examinerall 482 news articles »
Posted on 22 May 2015 | 10:19 am
Germany's finance minister says Greece may
Business InsiderGermany's finance minister says Greece may have to invent a 'parallel currency'Business InsiderWolfgang Schaeuble REUTERS/Ruben SprichGerman finance minister Wolfgang Schaeuble at the World Economic Forum in Davos, Switzerland, in 2014. Greece may have to bring in a "parallel currency" if progress stalls in negotiations with the country's ...German Finance Minister ponders parallel currency for Greece – mediaRTGermany looking at two-currency idea for GreeceIrish IndependentEurope said to weigh contingency plans as Greece talks drag onBusiness StandardCity A.M.all 24 news articles »
Posted on 22 May 2015 | 6:37 am
Why Jim Chanos thinks China could be the
MarketWatchWhy Jim Chanos thinks China could be the next GreeceMarketWatch“I joke to my Chinese friends, somewhat half-seriously, another three-four years they are going to be like my homeland Greece,” said Chanos in an interview, which will air this weekend on Wall Street Week, a syndicated business-news show hosted by ...and more »
Posted on 22 May 2015 | 4:30 am
What a Difference a Year Makes for Greece
As Greece once again flirts with default, the country’s bonds are trapped in no-man’s land, too risky for most mutual funds and not cheap enough for other investors. Signs of economic recovery under a government supporting budget cuts drew investors like Invesco Asset Management Ltd. and BlackRock Inc. toward the bonds. Many of them are now long gone, as a standoff between Greece’s new anti ...
Posted on 14 April 2015 | 4:01 pm
Greece says to pay anti-poverty benefits
Benefits promised by Greece's new radical leftist government to support those who have fallen into poverty as the country carries out EU-IMF imposed reforms will be paid beginning in June, an official said Tuesday. Some 30,000 households will receive between 70 and 220 euros ($75 to $235) a month to support their housing costs, while 300,000 will receive a similar amount to subsidise food ...
Posted on 14 April 2015 | 10:13 am
Greece denies default accusations
Greece denies reports it is preparing to default on its loans if it cannot reach agreement on its bailout terms with international creditors.
Posted on 14 April 2015 | 1:59 am
Greece ‘running out of time to secure aid
Greece is not moving fast enough to draw up and implement structural reforms and there is limited time to prevent it running out of cash, European Commission vice president Valdis Dombrovskis said yesterday.
Posted on 13 April 2015 | 7:10 pm
Greece, eurozone have 'lots of ground to
Brussels said Monday Greece and its eurozone partners were accelerating their talks but had "lots of ground to cover" before April 20 when Athens must release a list of reforms aimed at unlocking key aid funds. "Right now these discussions are gaining speed but time is running out," Valdis Dombrovskis, the European Commission vice-president for the euro, told Bloomberg TV.
Posted on 13 April 2015 | 12:36 pm
Greece does not have the money to make June
Shut out of bond markets and with bailout aid locked, cash-strapped Athens has been scraping state coffers to meet debt obligations and to pay wages and pensions. After four months of talks with its euro zone partners and the IMF, the country's leftist-led ...
Posted on 24 May 2015 | 2:46 am
Greece hasn't got the money to make June IMF
Shut out of bond markets and with bailout aid locked, cash-strapped Athens has been scraping state coffers to meet debt obligations and to pay wages and pensions. With its future as a member of the 19-nation euro zone potentially at stake, a second ...
Posted on 24 May 2015 | 2:45 am
Greece will not make debt repayment to IMF
ATHENS (Reuters) - Greece will not make a debt repayment to the International Monetary Fund (IMF) due next month as it does not have the money, the country's interior minister said on Sunday, in the most explicit remarks yet from Athens about the ...
Posted on 24 May 2015 | 2:19 am
Greece Won’t Meet IMF Repayments in June,
ATHENS—Greece said Sunday that it won’t have the money it is due to repay to the International Monetary Fund next month unless it strikes a deal with international creditors over further rescue funding. Interior Minister Nikos Voutsis told privately ...
Posted on 24 May 2015 | 1:49 am
German finance minister sees no need to
BERLIN—German Finance Minister Wolfgang Schäuble sees no need to discuss “alternatives” or disbursing further aid to Athens, since “Greece has to deliver what it promised” on its current bailout program first, he said in a radio interview.
Posted on 24 May 2015 | 1:07 am
Council of Europe: Greece could ban Golden
The Council of Europe's commissioner for human rights said Tuesday that Greece has the legal right to ban the far-right Golden Dawn party, the first time an international rights organization has raised the prospect of a ban.
Posted on 16 April 2013 | 3:25 am
Greece holds out hope for 2013 budget target
Greece's finance minister pledged Tuesday to stick with unpopular austerity measures and correct years of profligate state spending, in the hope of securing a budget surplus this year that could pave the way for a new debt reduction deal.
Posted on 15 April 2013 | 12:33 am
Syrian man arrested in Greece with weapons
A senior police official says a Syrian man has been arrested on Greece's northeastern border with Turkey with a large batch of telescopic sights for rifles and shoulder-fired rocket launchers.
Posted on 14 April 2013 | 2:45 pm
Greece charges German with smuggling silver
A German man has been charged with trying to smuggle hundreds of pounds of silver out of Greece, part of a crackdown on the pawnbroker trade flourishing since Athens nearly went broke three years ago.
Posted on 12 April 2013 | 9:04 am
Greece, Germany bicker over war reparations
A long-standing debate over whether Germany still owes Greece war reparations stemming from the Nazi occupation erupted anew Thursday in a spat between Greece's foreign minister and Germany's finance minister.
Posted on 11 April 2013 | 6:12 am
Resolved Question: Why did Macedonia attack
List some reasons why Macedonia attacked Greece
Posted on 26 February 2013 | 3:00 pm
Resolved Question: What happens if Greece
Can someone tell me what the impacts of Greece going bankrupt would be? (on the people and economy). I have cartoon-like images in my mind of the whole country imploding... Obviously I know this won't happen :)
Also, why are they going bankrupt in the first place?
Be as long winded as you like, but please use small/simple words as I'm not an economist/have never studied economics!
Posted on 27 February 2012 | 9:29 am
Resolved Question: What happen to Greece?
I read that Greece is in a financial mess. What did they do to get into that mess? I am thinking; hey, it is Greece. Their government has been around a really long time!
Posted on 14 February 2012 | 6:35 pm
Resolved Question: Whats going on with
why is greeces economy crappy
what made it bad?
who is helping Greece and how are they helping?
how did the EU destroy greece?
Posted on 13 November 2011 | 1:21 pm
Resolved Question: When was Greece founded?
What year was Greece founded, or established?
Posted on 1 November 2011 | 12:11 pm