Tag "Greece economy"
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Eurozone finance ministers starting to lose patience with Greece
Head of the Eurogroup, Jeroen Dijsselbloem, said the Eurozone finance ministers were starting to lose patience with debt-laden Greece. The Eurogroup is made up of the finance ministers from the 17 nations that use the single European currency. Greece has
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Greece to get the latest tranche of bailout funds
After weeks of tough talks, Eurozone finance ministers have agreed to approve the third tranche of bailout funds, 37bn Euros, to save the debt-ridden country. The country will get 34.3bn Euros “ in the following days”, with the rest to
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Eurozone Deal On Greece Bailout
Eurozone finance ministers and the IMF have reached an agreement to release urgently needed loans to Greece in order to reduce the country’s debt. The deal was made on Monday after 12 hours of talks at the third meeting of
Read MoreAsia Markets Supportive of Greece Voters Backing Pro-bailout Party
In the wake of Greece’s election on Sunday, Asia markets have rallied after support for pro-bailout parties. The New Democracy party that has come top has supported the two bailout plans for Greece by the European Union (EU) and the
Read MoreGreek socialist leader Venizelos warns of ‘mass poverty’
The leader of Greece’s Pasok party Evangelos Venizelos has said Greece faces a choice between austerity and “mass poverty” in elections on Sunday. “On Sunday, our people’s fate is at stake,” Mr Venizelos told the closing rally of his campaign
Read MoreGreek socialist leader Venizelos warns of 'mass poverty'
The leader of Greece’s Pasok party Evangelos Venizelos has said Greece faces a choice between austerity and “mass poverty” in elections on Sunday. “On Sunday, our people’s fate is at stake,” Mr Venizelos told the closing rally of his campaign
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