BRUSSELS: The eurozone has blocked 1.0 billion out of 5.2 billion euros in bailout loans for Greece until Monday amid uncertainty over the country's political future, a European government source said.
Showing posts with label Lucas Papademos. Show all posts
Showing posts with label Lucas Papademos. Show all posts
Friday, May 11, 2012
Sunday, March 11, 2012
Greece turns to growth, elections after debt deal
ATHENS: After the success of a debt cut plan which paves the way for a 130-billion euro ($170.55 billion) international bailout, attention in Athens is shifting to politics and on how to kick-start debt-laden Greece's stricken economy, officials said on Saturday.
Friday, March 9, 2012
Greece Restructuring Deadline Looms as Bond Investors Signal Swap Accord
The Greek government’s deadline for the biggest sovereign restructuring in history approached with a majority of investors signaling their readiness to participate in the debt swap.
Tuesday, January 17, 2012
UPDATE 7-Greek creditors bridle at demands, default fears grow
Jan 16 (Reuters) - Greece's private sector creditors warned on Monday that the Athens government must urgently break a deadlock in debt swap talks triggered by "unreasonable" demands from international lenders if is to avoid a disorderly default.
Friday, January 6, 2012
Greek PM warns of default without loan deal
ATHENS: Greece's Prime Minister urged union leaders Wednesday to accept further income losses, starkly warning that otherwise vital international rescue loans could dry up and force the debt-crippled country into a disorderly default in March.
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