Showing posts with label austerity. Show all posts
Showing posts with label austerity. Show all posts

Monday, February 9, 2015

Marine Le Pen to Greece: No Austerity - No Euro

According to Marine Le Pen, it is impossible to abandon austerity without abandoning the euro. In addition, the politician announced that the Ukrainian crisis cannot be solved through escalation...

Friday, February 6, 2015

EU tour brings little hope for Syriza leaders

Greece's anti-austerity leaders were back in Athens Friday vowing to keep their promise to renegotiate the country's huge loans despite having little to show after a European tour aimed at winning allies to their cause.....

Saturday, January 31, 2015

Wednesday, January 28, 2015

S&P puts Greece credit rating on watch for downgrade

Standard and Poor's put Greece's 'B' credit rating on watch for a possible downgrade on Wednesday (Jan 28), warning that some of the policies of the new anti-austerity government were putting Greece on a collision course with its in international creditors...

New Greece government ready to toil. (Greek sovereignty and growth)

Greece's first fully left-wing government went to work on Wednesday to make good on its core election promise: to restore Greek sovereignty and growth.
To do this, Prime Minister Alexis Tsipras wants to redirect the country's sliver of surplus wealth from overseas creditors to the poor and battered middle class.

Monday, December 22, 2014

European Commission Plans $980 Mln Investment in Greece by 2020

18 new EU investment programs to help Greece out of a financial crisis by creating jobs and other opportunities for economic development have been approved by the European Commission, Monday's press release by the Commission states.

Wednesday, November 27, 2013

Modesty amid Austerity: Greece Aims for Frugal Council Presidency

By David Böcking and Georgios Christidis
Greece has announced it will offer fewer perks and spend considerably less than other countries on the rotating presidency of the Council of the European Union when it assumes the role in January. Doing otherwise would send the wrong message, Athens stressed.

Greece's finance ministry announced Monday that its government would run its upcoming presidency of the Council of the European Union on a shoestring budget of only €50 million ($68 million). 

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