Saturday
February 9, 2013
Results for: lenders

  • 26/09/2011 | Argentina

    'They come with same old medicine that already ruined us,' CFK bashes int'l lenders

    President Cristina Fernández de Kirchner attended the opening ceremony of the inauguration of the Comahue-Cuyo 500 kilowatts power line network in Mendoza, and bashed international lenders and rate agencies.

  • 10/09/2012 | World

    Greece, lenders seek to bridge differences on cuts plan

    Greek Prime Minister Antonis Samaras sought to bridge differences with the country's lenders over a near 12-billion-euro austerity package, after they rejected parts of the plan that Athens hopes will unlock further aid payments.

  • 27/11/2012 | World

    Wall Street down on cliff caution, European shares edge up

    US stocks slipped today in a choppy session, losing ground after Senate Majority Leader Harry Reid expressed disappointment that there has been "little progress" in dealing with the so-called fiscal cliff. Meanwhile, European shares edged higher.

  • 14/03/2012 | World

    Greek cabinet formally approves bailout agreement

    Greece's cabinet unanimously approved the terms of its international bailout on Wednesday, hours after euro zone countries formally approved the 130 billion euro ($169 billion) financial package that Athens needs to stay afloat.

  • 20/03/2012 | World

    Greece receives first tranche of new bailout aid

    Greece has received the first 7.5 billion euros ($ 9.9 billion) of aid from its new EU/IMF bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said today.

  • 29/07/2012 | World

    Greek leaders agree most cuts, lenders stay on

    Political leaders in Greece have agreed on most of the austerity measures demanded by its creditors and are now eyeing pension and wage cuts to find the final 1.5 billion euros of savings still needed.

  • 03/11/2011 | World

    EC: Greece could not exit euro without leaving EU

    If Greece decided to leave the euro, it would also have to quit the European Union, according to the terms of the EU's treaties, the European Commission said today.

  • 04/02/2012 | World

    Greece struggles on for deal on unpopular reforms

    Greece's government struggled in talks with lenders to secure a 130 billion euro bailout before turning to the trickier task of persuading political leaders to back the unpopular reforms involved in the rescue.

  • 09/02/2012 | World

    Greece deal fails to convince, EU demands more

    Greek political leaders said they had clinched a deal on economic reforms needed to secure a second EU bailout, but euro zone finance ministers demanded more steps and a parliamentary seal of approval before providing the aid.

  • 01/11/2011 | World

    Sarkozy, Merkel 'determined' to save Greek bailout plan

    Germany's Angela Merkel and France's Nicolas Sarkozy are “determined” to implement the EU bailout plan for Greece. That was the outcome of an emergency phone call between the two chiefs of state ahead of a G20 summit tomorrow.

  • 02/11/2011 | World

    Germany urges Greece to stick to the agreed aid plan

    Germany's finance minister and other senior officials urged Greece today to stick to the aid plan agreed with the euro zone and IMF and to avoid the dangerous instability posed by the prospect of a referendum on the latest bailout deal.

  • 03/11/2011 | World

    Greek Papandreou chairs emergency talks over plebiscite controversy

    Greece's government was on the brink of collapse today, casting doubt on plans to hold a referendum on staying in the euro zone, as European leaders contemplated a Greek exit to preserve their single currency.

  • 25/10/2011 | World

    Greek Prime Minister hopes EU summit to turn page on crisis

    Prime Minister George Papandreou said today an EU summit could turn the page on Greece's economic crisis, appealing for unity in his Socialist party to approve austerity measures.

  • 27/10/2011 | World

    Italians, Greeks skeptical over euro zone rescue plan

    A deal struck by euro zone leaders today to contain the region's dangerous debt crisis was greeted skeptically in the two countries most in the firing line, Greece and Italy, with some saying politicians were dreaming.

  • 27/10/2011 | World

    Greece vows to build on European deal, people skeptical

    Greece vowed to press ahead with economic reforms today to capitalize on an EU deal to slash the country's debt, despite anger among its citizens at the prospect of years of painful belt-tightening demanded by foreign lenders.

  • 17/10/2011 | World

    Greek deficit revised up to 10.6% of GDP

    Greece's budget deficit reached 10.6 percent of GDP in 2010, the country's statistics office said today, revising the data slightly up from a previous estimate of 10.5 percent of GDP. Greece faces a crucial test this week, when much of the country is expected to be shut down by a 48-hour strike reaching a peak next Thursday.

  • 19/10/2011 | World

    Violent anti-austerity protests grip Greek capital

    Greek police cleared the square in front of parliament today after clashing with black-clad demonstrators during a mass anti-austerity rally called to coincide with a vote on a bitterly resented new round of belt-tightening.

  • 19/10/2011 | World

    Greek parliament gives green light to austerity law

    Greek lawmakers gave today initial approval for an austerity law cutting wages and hiking taxes, crucial for the country to receive a next batch of bailout funds and avoid bankruptcy.

  • 04/10/2011 | World

    Euro zone considers making banks pay more for Greece

    European finance ministers are considering making banks take bigger losses on Greek debt and have postponed a vital aid payment to Athens until mid-November, setting up a crunch point in the euro zone's sovereign debt crisis.

  • 05/10/2011 | World

    Clashes in Athens as workers strike

    Police fired tear gas at stone-throwing youths in central Athens today, where thousands of striking state sector workers marched against cuts the government says are needed to save the nation from bankruptcy.

  • 14/10/2011 | World

    Greek government vows to pass cuts in 'fight for existence'

    Greek Finance Minister Evangelos Venizelos pledged today to pass austerity measures in parliament next week in a "fight for our existence," rallying lawmakers despite mounting opposition from labor unions and within the ruling party's own ranks.

  • 30/09/2011 | World

    Sarkozy to meet Merkel in coming days on Greece

    French President Nicolas Sarkozy said he would meet German Chancellor Angela Merkel in the coming days in Germany to discuss Greece's debt troubles, calling support for Greece a "moral obligation" for Europe.

  • 03/10/2011 | World

    Greek economy stuck in recession, complicates fiscal efforts

    The Greek economy will remain stuck in recession next year, underlining the challenge the country faces in creating enough growth to claw its way out of a debt crisis shaking the euro, Greek budget figures showed today.

  • 04/10/2011 | World

    Anti-austerity protesters block Greek ministries

    Greek public sector workers blocked the entrances to several ministries today to protest against austerity measures, disrupting talks with EU and IMF inspectors on a vital aid tranche.

  • 19/09/2011 | World

    International lenders say Greece must shrink state to avoid default

    International lenders told Greece it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.

  • 26/09/2011 | World

    IMF reiterates Greece must shrink state to avoid default

    International lenders told Greece today it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.

  • 26/09/2011 | World

    Greece: there were no orderly default talks with IMF, ECB

    Greek Finance Minister Evangelos Venizelos dismissed reports that he has discussed a scenario of an orderly default by Athens with International Monetary Fund Chief Christine Lagarde and European Central Bank head Jean-Claude Trichet.


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