Thursday, July 27, 2017

Greece Bailout

Protesters chant slogans during a rally outside the Interior Ministry in Athens, on Monday, June 26, 2017.

BY DEREK GATOPOULOS LAGONISSI, Greece (AP) — Greece is on target to tap bond markets for money again by the end of this year and exit its bailout program next summer, representatives from the country’s European creditors said Wednesday. Officials ...
Dutch Finance Minister and head of the eurogroup Jeroen Dijsselbloem chairs a meeting at the office of the European Stability Mechanism in Luxembourg on Thursday, June 15, 2017.

BY PAN PYLAS LUXEMBOURG (AP) — European creditors on Thursday approved giving Greece $9.5 billion in bailout cash to meet a big summer repayment and promised that the burden of the country’s future debt repayments would be eased. After a ...
In this Thursday, May 18, 2017, file photo, Greek Finance Minister Euclid Tsakalotos speaks during a parliamentary session to vote more austerity measures as part of an agreement with international bailout creditors, in Athens.

BY ELENA BECATOROS ATHENS, Greece (AP) — Greece’s finance minister insisted Monday the country had met all its reform commitments, and said it was now up to international creditors to agree on how to make Greece’s debt sustainable and help ...
A courier with his bicycle passes graffiti on a wall in Athens, Friday, April 21, 2017. (AP Photo/Thanassis Stavrakis)

BY DEREK GATOPOULOS ATHENS, Greece (AP) — Greece has beaten a key bailout target for its public finances, but will still face some painful choices as it tries to negotiate with creditors how much more budget austerity it should impose ...
A firefighter holds a Greek flag during a protest in central Athens, on Wednesday, Feb. 8, 2017. Hundreds of firefighters in uniform have taken to the streets of the Greek capital to protest hiring conditions. (AP Photo/Thanassis Stavrakis)

THE HAGUE, Netherlands (AP) — The eurozone’s top official will travel to Brussels on Friday to try to push forward talks on Greece’s bailout program, amid renewed tensions about the debt-laden nation’s reforms and its future in the euro. “The ...
A woman makes a Greek coffee in a traditional coffee shop in central Athens, on Wednesday, June 1, 2016.

BY DEREK GATOPOULOS ATHENS, Greece (AP) — Greeks have woken up to a new wave of price hikes that have been demanded in return for more international bailout loans, with the highest increases targeting the main ingredients of the country’s ...
Protesters raise a Greek flag during an anti-austerity rally in front of the parliament in Athens, on Sunday, May 8, 2016.

BY DEMETRIS NELLAS ATHENS, Greece (AP) — Greece’s Parliament has approved a bill reforming the debt-ridden country’s pension and tax systems. The bill, introduced as part of requirements the country must meet under its third international bailout, is set to ...
Lawmakers take part in a parliamentary session in Athens

BY DEREK GATOPOULOS and ELENA BECATOROS ATHENS, Greece (AP) — Greek lawmakers approved their country’s draft third bailout on Friday after a nearly 24-hour marathon parliamentary procedure culminated in a vote that saw the government coalition suffer significant dissent. The ...
Demonstrators gather outside the Greek Parliament during an anti-austerity rally in Athens,

BY NICHOLAS PAPHITIS and MENELAOS HADJICOSTIS ATHENS, Greece (AP) — Greece’s radical left-led government survived another revolt by rebels in the early hours of Thursday, passing reforms that should pave the way for the imminent start of bailout discussions with ...
Members of the Communist-affiliated PAME labor union shout slogans during an anti-austerity rally in Athens, Wednesday, July 22, 2015

BY DEREK GATOPOULOS and MENELAOS HADJICOSTIS ATHENS, Greece (AP) — Greece’s liquidity-starved banks got a new cash injection from the European Central Bank on Wednesday, hours before a key vote in parliament on further economic reforms demanded by international creditors ...
X