Tag: Greece

• Thursday, November 19th 2015 - 06:55 UTC

  Turkish fans booed during minute of silence for Paris victims

  

  Turkish fans booed during the minute's silence for the victims of the Paris attacks before their national team drew 0-0 with Greece in a friendly international soccer game on Tuesday.

• Wednesday, September 23rd 2015 - 08:43 UTC

  Tsipras takes office with a daunting agenda; 45% abstained on Sunday

  

  Alexis Tsipras took the oath of office for a second term as Greek prime minister, promising to revive the crippled economy while demanding debt relief from creditors as his “first big battle” following an unexpectedly clear election victory.

• Tuesday, September 1st 2015 - 06:48 UTC

  Moody's cuts 2016 global economic forecast; no commodities rebound in near future

  

  Credit rating firm Moody’s cut its 2016 global economic growth forecasts, with China and United States both trimmed and Russia and Brazil seen staying in recession.

• Thursday, August 6th 2015 - 08:11 UTC

  NIESR 2015 global economic growth forecast lowered from 3.2% to 3%

  

  Global economic growth will slow this year to the lowest rate since the financial crisis, according to the National Institute of Economic and Social Research (NIESR). The think tank cut its 2015 forecast to 3.0% from the 3.2% it predicted in May.

• Monday, July 20th 2015 - 08:03 UTC

  A new chapter for Greece: banks reopen and a raft of VAT increases

  

  Banks in Greece expect long queues but no major problems when they reopen this Monday for the first time in three weeks, although withdrawals will still be limited and capital controls will remain, senior banking officials said on Sunday.

• Wednesday, July 15th 2015 - 06:40 UTC

  Greek parliament must vote on Wednesday Euro zone bailout conditions

  

  Greek Prime Minister Alexis Tsipras says he does not believe in a bailout offered by Euro zone leaders, but is willing to implement it. Tsipras described the deal as “harsh”, but said it was the only way for Greece to remain in the Euro.

• Friday, July 10th 2015 - 07:51 UTC

  In a world of high debts, ”we have to be ready for episodes like this (Greece)” says IMF

  

  The International Monetary Fund on Thursday said it seemed Greece's crisis and market volatility in China would not affect when the US Federal Reserve chooses to raise interest rates. However earlier in the week the IMF suggested United States delays raising interest rates, warning that economic growth could be “significantly debilitated” by a soaring greenback.

• Thursday, July 9th 2015 - 06:10 UTC

  Greek banks to remain closed until next Monday as ECB caps funding

  

  The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a sign that the central bank is awaiting the outcome of this weekend’s crunch talks on Greece before deciding whether to extend a further financial lifeline to the indebted country.

• Wednesday, July 8th 2015 - 08:12 UTC

  Grexit Day next Sunday, Euro Zone members warn Tsipras

  

  Euro zone members announced on Tuesday that they have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.

• Tuesday, July 7th 2015 - 07:21 UTC

  Merkel and Hollande tell Greece the door for serious proposals remains open

  

  France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity