Saturday, July 2, 2022

All posts tagged "Greece"

  • EU green-lights new bailout loans for debt-stricken Greece

    BRUSSELS – Finance ministers from the nations using the euro single currency gave their green light Monday for new loans to Greece to help bolster its debt-stricken economy. At talks in Luxembourg, the ministers agreed that the...

    • Posted October 10, 2016
  • Greece transfers utilities to fund’s control in bailout move

    ATHENS, Greece – Amid street protests, Greece’s parliament votedTuesday night to transfer control of public utilities to a new asset fund created by international creditors. Lawmakers approved the legislation in a 152-141 vote that Greece’s lenders had required to...

    • Posted September 27, 2016
  • Greece’s unions rail against powerful new privatization fund

    ATHENS, Greece – Greek labor unions are organizing strikes and protests against a plan to place major state assets under the control of a new privatization fund that will be headed by bailout creditors. The fund called...

    • Posted September 26, 2016
  • IMF paints dark outlook for Greek jobseekers

    ATHENS, Greece – The International Monetary Fund on Friday painted a bleak outlook for bailout-dependent Greece, where it said it expects unemployment to stay in the double digits for more than three decades. In an annual report, the...

    • Posted September 23, 2016
  • Greek unemployment down to 23.1 percent in April-June

    ATHENS, Greece – Unemployment in bailout-dependent Greece dropped to 23.1 percent between April and June, down from nearly 25 percent in the first quarter but still the worst jobless rate in the European Union. The country’s statistical...

    • Posted September 15, 2016
  • Bailout inspectors back in Greece as reforms delayed

    ATHENS, Greece – Inspectors from Greece’s bailout creditors have returned to Athens as the Greek government faces calls to speed up the implementation of economic reforms so it can get more rescue loans. Representatives from the International...

    • Posted September 12, 2016
  • Greece presses creditors for better debt repayment terms

    ATHENS, Greece – Greece’s prime minister is pressing for speedier action from bailout creditors to ease the country’s huge debt burden. Alexis Tsipras told reporters Sunday that Greece “has the right for a fair debt adjustment” after...

    • Posted September 11, 2016
  • Greek Premier Pledges Growth amid Protests, Austerity Plans

    THESSALONIKI, Greece – Greece’s prime minister promised Saturday to deliver economic growth to a country hammered by years of economic hardship, as thousands gathered in protest at more planned austerity measures. About 15,000 protesters – beating drums, waving...

    • Posted September 10, 2016
  • Greece Urged to Speed Up Reforms to Get More Bailout Cash

    BRATISLAVA, Slovakia – European creditors urged the Greek government Friday to speed up the implementation of a series of economic reforms so it can get its hands on the next batch of bailout cash it is due...

    • Posted September 9, 2016
  • Battered Greek economy expands mildly in April-June

    ATHENS, Greece – Greece’s battered economy expanded by a quarterly rate of 0.2 percent in the April-June period, despite a small decline in consumer spending and exports. The figure released by the country’s statistical authority Monday was...

    • Posted August 29, 2016