Greece says faces 24-hour deadline to clinch rescue

February 4th, 2012 at 08:42pm Under Greek News

ATHENS (Reuters) – Greece has just one day left to strike a deal with impatient lenders and reluctant political party leaders on a 130 billion rescue plan before the country is pushed towards a chaotic default, its finance minister warned on Saturday. Athens has wrangled without success for weeks with lenders and private bondholders on the bailout package and a bond swap plan, putting itself …

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Greece: Debt talks must be done by late Sunday

February 4th, 2012 at 06:48pm Under Greek News

Greece's finance minister said negotiations for the bailout deal his country needs to avoid defaulting on its debts must be completed by late Sunday, but that a breakthrough is being held up by demands from debt inspectors for more austerity measures.

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Greece: Sunday Night Deadline for Deal

February 4th, 2012 at 06:30pm Under Greek News

By Demetris Nellas and Derek Gatopoulos ATHENS, Greece (TheStreet) — Greece's finance minister said negotiations for the bailout deal his country needs to avoid defaulting on its debts must be completed by late Sunday, but that a breakthrough is being held up by demands from debt inspectors for more austerity measures. Evangelos Venizelos said Saturday the negotiations in Athens with rescue …

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Greece has '24 hours' to clinch debt deal'

February 4th, 2012 at 04:53pm Under Greek News

Greece has one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, Finance Minister Evangelos Venizelos said Saturday, warning that talks were "on …

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Greece has '24 hours' to clinch debt deal'

February 4th, 2012 at 04:53pm Under Greek News

Greece has one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, the finance minister said Saturday, warning that talks were "on a knife edge."

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Greece Talks Enter ‘Final Phase’ on 2nd Bailout

February 4th, 2012 at 04:07pm Under Greek News

Greece’s seven-month effort to win a second bailout from international creditors resumed today after negotiations overnight failed to clinch an agreement, with the country’s stability hanging in the balance.

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Greece Talks Enter ‘Final Phase’ on 2nd Bailout

February 4th, 2012 at 01:35pm Under Greek News

Greek talks with international creditors in a seven-month effort to wrap up a second bailout will continue today after negotiations overnight failed to clinch an agreement, with the country’s stability hanging in the balance.

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Greece Talks Enter Final Phase With Second Bailout at Stake

February 4th, 2012 at 06:41am Under Greek News

Greece’s seven-month effort to win a second bailout from international creditors resumed today after negotiations overnight failed to clinch an agreement, with the country’s stability hanging in the balance.

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Greece yet to resolve major issues in talks with lenders

February 3rd, 2012 at 11:47pm Under Greek News

ATHENS (Reuters) – Greece is still struggling to overcome "crucial" issues before it can secure a 130-billion-euro ($171 billion)bailout package needed to avert a messy bankruptcy, the country's finance minister said. After marathon negotiations on Friday to agree tough labor reforms that would appease both wary political leaders and irate lenders faced with a rising bill to save the country …

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Greece Talks Enter ‘Final Phase’ With Second Bailout at Stake

February 3rd, 2012 at 10:06pm Under Greek News

Greek talks with international creditors in a seven-month effort to wrap up a second bailout will continue today after negotiations overnight failed to clinch an agreement, with the country’s stability hanging in the balance.

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