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News Tagged By: European Union

Euro zone welcomes new Greek debt proposals, more work to do
Euro zone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.
Posted on 6-22-2015 at 10:00 AM
Greek central bank issues 'Grexit' warning if aid talks fail
The ongoing crisis has prompted an outflow of deposits of about 30 billion euros ($33.84 billion) from Greek lenders between October and April, the central bank said.
Posted on 6-17-2015 at 7:36 AM
Greece willing to compromise with EU, IMF
Greece is willing to compromise to reach a deal with its EU and IMF creditors that is acceptable to both sides and is ready to negotiate until the end of June to achieve this, the government said on Monday.
Posted on 6-08-2015 at 8:13 AM
Greek PM rejects 'absurd' proposal from lenders
Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro.
Posted on 6-05-2015 at 7:12 AM
Greece offers to sell largest port as concession to creditors
Greece on Thursday offered a concession to its international lenders by pushing ahead with the sale of its biggest port, Piraeus.
Posted on 5-14-2015 at 2:54 PM
Britain braces for battle over Europe after surprise Cameron win
David Cameron persuaded U.K. voters to give him a second term as prime minister. Now he needs to persuade them to stay in the European Union.
Posted on 5-08-2015 at 7:18 AM
EU charges Russia's Gazprom, alleging price gouging
The European Union launched a legal attack on Gazprom on Wednesday, stoking tensions with Moscow as it accused the Russian gas giant of overcharging buyers in Eastern Europe and hindering competition.
Posted on 4-22-2015 at 7:45 AM
Dr. Doom says Greece is a lost cause, time to cut ties with dead weight
Marc Faber: "It’s inconceivable under any condition that Greece will be able to repay their debts."
Posted on 2-20-2015 at 6:51 PM
Greece expected to seek loan extension from skeptical euro zone
With Greece's bailout program due to expire in little more than a week, the government of leftist Prime Minister Alexis Tsipras urgently needs to secure a financial lifeline to keep the country afloat beyond late next month.
Posted on 2-18-2015 at 5:39 PM
Greek PM says will not compromise or succumb to ‘blackmail’
Greek Prime Minister Alexis Tsipras said on Tuesday his government would not succumb to "blackmail" and would instead quickly start voting in new laws to reverse bailout reforms.
Posted on 2-17-2015 at 12:12 PM
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