Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Saturday, May 5, 2018

Greek banks successfully pass stress test, freeing funds to relieve debt

Greek banks successfully pass stress test
Greece's four main banks have successfully passed a stress test, paving the way for the release of bailout funds to relieve the Mediterranean country's crushing debt load, according to results made public on Saturday by the European banking supervision body.

Wednesday, May 17, 2017

Friday, January 20, 2017

Germany says IMF plans to stay involved in Greece bailout talks

The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a spokesman for Schaeuble said Friday.

Wednesday, November 18, 2015

Monday, November 2, 2015

Greek students march for more funding, seamen strike against pension cuts

A new round of protests and strikes started on Monday in Greece ahead of the voting on the next set of bailout prerequisites in the parliament later in the week to unlock further vital loans to the debt-laden economy.

Sunday, November 1, 2015

Greek banks must find up to 14.4 bn euros after ECB stress test

Four major Greek banks must find up to 14.4 billion euros ($15.8 billion) to survive potential economic shocks, the European Central Bank said on Oct. 31, releasing the results of an in-depth financial health check.

Saturday, August 22, 2015

Germany urges Greece to implement reform pledges

The German government said on Friday that Greece shall implement its pledges to reform despite the resignation of its government leader and planned new elections, warning that any delay in implementation would result in a delay in aid payments.

Thursday, August 20, 2015

Greek PM Tsipras to Announce Snap Election on September 20

Greek Prime Minister Alexis Tsipras will submit his resignation to the country's president later Thursday to be able to take part in the snap parliamentary election on September 20, local media report.

Tuesday, August 18, 2015

German Lawmakers Debate Greek Bailout, Merkel Faces Rebellion

German lawmakers broke off their holidays on Tuesday to debate Greece's third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the eurozone.

Sunday, August 16, 2015

Germany praises Greek stance shift in debt talks

Germany's hardline finance minister Wolfgang Schäuble Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.

Friday, August 14, 2015

Greek parliament approves €85bn bailout deal

A majority of Greek MPs have approved the country's third international bailout after an all-night debate.

Prime Minister Alexis Tsipras had earlier urged the chamber to approve the deal "to assure the country's ability to survive and keep on fighting."

Saturday, July 25, 2015

Greece take step closer to bailout with IMF loan request

Debt-crippled Greece on Friday took a step closer to a huge third international bailout by formally requesting IMF help, but sources said "logistical problems" were delaying the start of talks in Athens.

Thursday, July 23, 2015

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