10 Updates

Greece bailout unlikely before October

Source: Business Spectator , Aug 8 2012, 3:31pm CDT

International auditors will remain in Athens all of September, a European source says, meaning Greece is unlikely to get its next instalment of bailout funds before October. Auditors from Greece's internationa ...

Continue reading on: Business Spectator

 
 
Update
10

11 minutes ago

Ireland on track for bailout exit, says IMF

Source: Straits Times  |   Jun 19 2013, 11:13am CDT

DUBLIN (REUTERS) - Ireland has a good chance of exiting its bailout this year but would benefit from more European support in cleaning up its indebted banks and the safety net of precautionary funding, the International Monetary Fund ( ...

Continue reading on: Straits Times  More like this

 
Update
9

15 minutes ago

Cyprus seeks help from creditors for troubled bank

Source: CNBC  |   Jun 19 2013, 11:09am CDT

NICOSIA, Cyprus -- Cyprus' president is asking international creditors to ease the liquidity strain on the country's largest bank following the country's 23 billion euro ($30.8 billion) bailout. Nicos Anastasia ...

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Update
8

44 weeks ago


Quote:
"Much work remains to be done"


Source: Business Spectator

 

Latest Business News

 
Update
7

56 minutes ago

Cyprus deal stands - eurozone officials

Source: Russia Today  |   Jun 19 2013, 10:28am CDT

"It is my humble submission that the bail-in was implemented without careful preparation," the Cypriot president wrote, in reference to the Troika’s decision to close the country’s second largest bank, Laiki, and to fundamentally restructure the Bank ...

Continue reading on: Russia Today  More like this

 
Update
6

58 minutes ago

Greek coalition parties meet to try to settle state TV row

Source: Reuters Mobile  |   Jun 19 2013, 10:26am CDT

1 of 2. An employee is seen behind a TV screen, used to show the Greek state television ERT broadcast, at its headquarters at Aghia Paraskevi suburb in Athens June 18, 2013. ATHENS (Reuters) - Greece's ruling party leaders met ...

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Update
5

1 hour ago

Ireland on track for bailout exit, says IMF

Source: Reuters Mobile  |   Jun 19 2013, 10:07am CDT

International Monetary Fund (IMF) Managing Director Christine Lagarde talks to Ireland's Finance Minister Michael Noonan (R) during an euro zone finance ministers meeting at the European Union Council in Brussels February 11, ...

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Update
4

1 hour ago

IMF says to pause policy discussions on Greece's bailout

Source: SINA English  |   Jun 19 2013, 9:48am CDT

WASHINGTON, June 19 (Xinhua) -- The International Monetary Fund (IMF), European Commission and European Central Bank said on Wednesday that they would pause policy discussions with the Greek authorities on the bailout after maki ...

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Update
3

2 hours ago

Greece Talks With Troika On 'technical' Pause

Source: FOX Business  |   Jun 19 2013, 9:14am CDT

NEW YORK – Talks between the Greek government and officials from the country's so-called troika of international lenders -- the European Commission, International Monetary Fund and European Central Bank -- on Greece's economic program ...

Continue reading on: FOX Business  More like this

 
Update
2

2 hours ago

Cyprus not seeking to renegotiate bailout: Government

Source: Economic Times  |   Jun 19 2013, 9:05am CDT

NICOSIA: Cyprus denied on Wednesday that it is trying to wriggle out of bailout commitments after President Nicos Anastasiades wrote a letter to international lenders criticising the terms of the deal. The Eu ...

Continue reading on: Economic Times  More like this

 
Update
1

2 hours ago

Robert E. Prasch: All We Are Saying Is Give Greece a Chance

Source: The Huffington Post  |   Jun 19 2013, 8:53am CDT

Six years after the onset of the global financial crisis, the Greek economy is still in decline. Last year it fell by over 5 percent. On a per capita basis, Greek incomes have fallen by over 14 percent since the onset of the crisis. ...

Continue reading on: The Huffington Post  More like this

 
 

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