April 30th, 2010 at 12:10pm Under Greek News
German financial and industrial firms will contribute to a multi-billion euro bailout for Greece, a senior banking source said, as talks to secure the aid in return for tough Greek budget cuts edged toward a deal.
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April 30th, 2010 at 11:57am Under Greek News
The International Monetary Fund and European Union are demanding further austerity measures from Greece as the price for a bailout, according to a top Greek labor union official.
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April 30th, 2010 at 11:38am Under Greek News
The International Monetary Fund and European Union are demanding further austerity measures from Greece as the price for a bailout, a top Greek labor union official said Thursday.
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April 30th, 2010 at 10:45am Under Greek News
April 30 (Bloomberg) — The European Investment Bank will increase project loans to Greece by at least 18 percent this year to help the country counter the recession and debt crisis, EIB President Philippe Maystadt said.
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April 30th, 2010 at 10:09am Under Greek News
Greece is preparing to announce a new package of austerity measures to secure billions of dollars in aid from Europe to save it from default. Greece’s debt crisis threatens to drag Europe into a wider financial crisis.
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April 30th, 2010 at 09:44am Under Greek News
April 30 (Bloomberg) — The yen fell against higher- yielding currencies and the euro climbed on signs Greece may reach an agreement on budget cuts needed to win a potential $159 billion bailout.
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April 30th, 2010 at 09:42am Under Greek News
The debt crisis in Greece is unlikely to have an immediate impact on U.S. banks, analysts said Thursday, but contagion to the rest of Europe could prove problematic.
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April 30th, 2010 at 07:54am Under Greek News
European Commission President Jose Manuel Barroso said Friday he was confident Greece’s debt crisis could be contained, a day after Athens police battled protesters objecting to austerity plans.
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April 30th, 2010 at 06:05am Under Greek News
European Commission President Jose Manuel Barroso said Friday he was confident Greece’s debt crisis could be contained with help from a planned bailout by Europe and the International Monetary Fund.
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April 30th, 2010 at 12:21am Under Greek News
European and German officials assured markets they were working quickly on approving a bailout for Greece as they try to keep the country’s debt crisis from dragging others into a continent-wide financial meltdown.
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