 BusinessWeek The finance ministers said they were looking at ways to do that, including imposing bigger losses on the banks that hold Greek bonds. If those debts aren't reduced,Greece won't be able to raise money on financial markets for another decade, ... See all stories on this topic » | ||
| Greek unions plan further strikes against new austerity law, after 48-hour ... Chicago Tribune NICHOLAS PAPHITIS AP ATHENS, Greece (AP) — Greek unions on Friday threatened further strikes next week, a day after parliament approved new harsh cutbacks to secure international loans despite protests and riots that left one man dead and nearly 200 ... See all stories on this topic » | ||
| Greece to get next round of bailout funds Herald Sun The ministers, while also agreeing the country's debt is too high, announced Greece will get its next 8-billion aid installment a day after Greece's parliament adopted new austerity measures. Meanwhile Greek labour unions have threatened further ... See all stories on this topic » | ||
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| Greek crisis: what would the ancients say? CBS News ... 2011, marble statues of ancient Greek philosophers Socrates, right, and Plato, left, are seen on plinths in front of the Athens Academy, as the Greek flag flies. More than 200 international philosophers braved strikes and protests to come to Greece ... See all stories on this topic » | ||
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| Europe to unlock €5.8bn loan for Greece RTE.ie Europe has agreed to pay the next tranche of Greece's bailout loan but warned banks they may have to accept big losses on existing Greek debt. Europe threw debt-wrackedGreece a short-term cash lifeline this evening but warned banks they may have no ... See all stories on this topic » | ||
| Eurozone to banks: Take bigger loss on Greek debt Albany Times Union Greek Finance Minister Evangelos Venizelos confirmed as he arrived for the meeting that leaders were looking for banks to write down more than the July agreement envisaged. "But in any case, Greece is not a central problem for the eurozone," he said.... See all stories on this topic » | ||
| Bigger French bank losses on Greek debt urged: report Reuters ... to its banks advising them to reassess their decisions to value Greek debt in line with a Greek bailout agreed in July, the FT said. Negotiations are ongoing to increase private sector involvement in a second 109-billion-euro rescue for Greece. ... See all stories on this topic » | ||
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| Germany's Bank Rescue Fund Faces Big Loss On Greek Haircut - Report Fox Business Pleister conceded that a Greek haircut of 50% would cost Soffin close to EUR5 billion just from its exposure to Hypo Real Estate's "bad bank," whose losses the fund is required to make good. The bad bank has a EUR10 billion exposure to Greece, ... See all stories on this topic » | ||
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| Greek protesters keep up pressure on government euronews http://www.euronews.net/ Protesters in Greece have held a minute's silence in memory of a demonstrator who died of a heart attack during rallies outside parliament on Thursday. A 48-hour general strike against the latest austerity measures is over but ... See all stories on this topic » | ||
| Here in Greece, I see what we were just weeks from... Herald.ie Even the protestor heartily waving a flag of the old Greek communist party -- so old it had a picture of Stalin on it -- didn't look anachronistic or out of place. Greece is angry, tired, broke and has no real appetite for fixing things. ... See all stories on this topic » | ||
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| Greece: European finance ministers release 8 billion euro The Statesman The ministers said in a statement that they welcome the “substantial fiscal consolidation efforts” undertaken by Greek government to help the country meet targets for 2012. They also appreciated the Greek parliament's approval on Thursday of a new ... See all stories on this topic » | ||
| Postcard from Laura: Ancient Greece, modern controversy Rockford Register Star There are many Rockfordians who love to have a Greek sandwich at Uncle Nick's and think of Greece in that scrumptious way, too. So why is it that we have betrayed them? Yes, I am on a soap box today. (Come to think of it, the tradition of standing and ... See all stories on this topic » | ||
| Stocks rise on solid earnings, Greece deal Houston Chronicle Software maker Microsoft Corp. said its profit rose 6 percent. Traders are monitoring European leaders' efforts to solve the Greek debt crisis. Worries about a default byGreece have caused much of the market's volatility in recent months. ... See all stories on this topic » | ||
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| GREECE: Universities vehemently oppose policies University World News ... called by the Confederation of Greek Workers, which brought the country to a standstill on the eve of the crucial Eurogroup summit meeting on Sunday 23 October, upon which the financial fate of Greece as well as the rest of the EU could rest. ... See all stories on this topic » | ||
| Michael Lewis' 'Boomerang': 'Money Thrown Out in Hope, Coming Back in Anger' PBS NewsHour PAUL SOLMAN: You have used the line that Greece is a society in total moral collapse. MICHAEL LEWIS: This comes to me from Greek people. I didn't make that up. They will tell you that themselves. But what they will say is, I'm the only upstandingGreek ... See all stories on this topic » | ||
| Greece breaking under debt burden New Zealand Herald The result is that Greece now has a debt pile of €360 billion ($624 billion), more than 170 per cent of annual GDP. After Greece entered the single currency in 2001, salaries ballooned, while productivity remained flat. That means that Greek firms are ... See all stories on this topic » | ||
| Eurozone Summits: What to Watch For Wall Street Journal (blog) Here's his take on what needs to happen, what could happen and what it would mean:Greek debt write down. Greece is caught in a debt-death spiral in which the austerity measures required to bring its debt and deficit to GDP ratios down to EU-required ... See all stories on this topic » | ||
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| The Greek impasse By admin Indian Link, Linking Indians in Australia and Australians with India, Indian News in Australia. ... The eyes of the world are focussed on Greece because the world's current economic crisis is largely, but not exclusively, dependent on resolving the Greekbudgetary woes. Greece was allowed to get away for too long with an undisciplined spending spree. A bloated public sector, generous pensions, a high social welfare budget and tax concessions for the wealthy preyed on the public ... Indian Link, Linking Indians... |
| Eurozone ... - Greece.GreekReporter.com Latest News from Greece By Andy Dabilis After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt. Greece.GreekReporter.com Latest... |
| Eurozone closer to cutting Greece's huge debts (AP ... - Rocket News By Editor - Business News Greek Finance Minister Evangelos Venizelos welcomed the news that Athens would get the next euro8 billion ($11 billion) installment, calling it a “positive step.” A day earlier,Greek lawmakers had approved new, deeply contentious austerity ... Rocket News |
| Greek crisis: what would the ancients say? | The Associated Press ... By The Associated Press More than 200 international philosophers braved strikes and protests to come to Greecethis month to join a forum and debate matters of the mind. ... URL: http://washingtonexaminer.com/news/2011/10/greek-crisis-what-would-ancients-say ... Examiner RSS |
| Sweden's finmin: Any Greek debt writedown must be substantial ... By RSS Feed It is pretty obvious we need a substantial haircut for Greece,' Borg told reporters. European Union ministers were meeting in Brussels ahead of a summit of EU leaders on Sunday. (Reporting ... The copying, republication or redistribution of Reuters NewsContent, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Share It. Add to Buzz · Add to digg · Add to Facebook · Add to Stumble Upon · Add to Twitter · Add to Yahoo ... Clearing and Settlement — Clearing... |
| Greece to receive next round of loans from EU | iBC_FN | iBankCoin ... By Mr. Cain Thaler Greek Finance Minister Evangelos Venizelos welcomed the news that Athens would get the next €8 billion ($11 billion) installment, calling it a “positive step.” A day earlier,Greek lawmakers approved new, deeply contentious austerity ... iBC_FN | iBankCoin Financial News |
| Eurozone leaders agree Greek payout - Crewe Chronicle By Crewe Chronicle Eurozone finance ministers have said Greece will receive its next instalment of aid money, saving the country from a potentially disastrous default. ... Home News UK & World News. Eurozone leaders agree Greek payout. Oct 22 2011 ... Crewe Chronicle - Home - News |
| Protect Yourself: Four (4) - ETF Daily News By David Bettencourt “Without drastic action, [Greece's] debt-to-GDP ratio will rise to even more alarming levels,” a Milken Institute report on the Greek debt crisis said earlier this month. “The ratio is reaching levels at which it becomes extremely difficult, if not ... ETF DAILY NEWS |
| Euro ministers to keep paying Greece | Top Stories | BigPond News Greek Finance Minister Evangelos Venizelos welcomed the news that Athens would get the next (euro) 8 billion ($11 billion) installment, calling it a 'positive step'. A day earlier,Greek MPs had approved new, deeply contentious austerity ... Priority Top Stories |
| linked to by 9 - The Palgrave Econolog - story details By Republished content EU Commissioner Seeks to Prohibit Rating Agencies from Rating Stressed Debt; IMF Report on Greece Held Up in Dispute with EU. Found on Mish's ... Some things are so blatantly stupid they sound like a headline from the news spoof site The Onion.Here is a case in point ... get worse… “Greeces economy has deteriorated so severely in the last three months that international lenders would have to find 252bn in bail-out loans through the end of the decade unless Greek bondholders ... The Palgrave Econolog - latest... |
| BBC News - Greece unrest: Athens clashes amid general strike Greek protesters angry at the government's austerity policies clash with police, as a ...Greece is struggling to reduce a huge government deficit amid fears it may ... www.bbc.co.uk/news/world-europe-15362678 |
| Violence erupts at Greek anti-austerity protests - World - CBC News Demonstrators in Athens threw stones and gasoline bombs at police outside parliament during a two-day general strike that unions described as the largest in ... www.cbc.ca/news/world/story/.../greece-athens-strike.html |
| GREEK NEWS AGENDA: Greece, Bulgaria & Romania Join Forces ... Greece, Bulgaria and Romania proposed to the European Commission the creation of a European Strategy for the Western Balkans, aimed at strengthening the ... www.greeknewsagenda.gr/.../greece-bulgaria-romania-join-for... |
| Auditors submit 'positive' Greece report: Greek source - Latest news ... EU, ECB and IMF auditors have submitted a 'positive' report on Greece's compliance with the terms of its bailout agreement, key to receiving further aLatest ... news.ph.msn.com/business/article.aspx?cp-documentid... |
| Auditors submit 'positive' Greece report: Greek source Earlier, a Greek newspaper reported that a disagreement between the EU and the IMF about Greece's long-term ability to pay its debt may delay a report ... www.google.com/.../ALeqM5hDsZODtPSsA0sPAXpqZG-vd3... |
| Greek lawmakers vote in favour of new austerity bill - CTV News Greek lawmakers have passed a deeply resented austerity bill that has led to violent protests on the streets of Athens, despite some dissent from one Socialist ... www.ctv.ca/.../greece-strike-austerity-measures-parliament-vot... |
| More Cuts Voted in Greece; Riots Leave 100 Hurt - ABC News Greek lawmakers passed a deeply resented new austerity bill Thursday, caving in to the demands ... If so, please click here to contact the editors of ABC News. ... abcnews.go.com/.../greece-faces-day-general-strike-14775779 |
| Greek parliament approves austerity law - RTÉ News The Greek parliament has given its final approval for the new austerity law. www.rte.ie/news/2011/1020/greece.html |
| Turk fighter jets fly over Greek islands | Defence news from Greece ... After months Turkish fighter jets flew over Greek territory. According to an announcement by the HNDGS a formation of 8 Turkish fighter aircraft, consisting of 4 ... www.defencegreece.com/.../turk-fighter-jets-fly-over-greek-isl... |
| Greek RiotCam Time | ZeroHedge Greece is a country where the unions basically own parliament. Be forewarned ....http://www.bbc.co.uk/news/world-europe-13802940 · Login or register to post ... www.zerohedge.com/news/greek-riotcam-time |
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