Posts Tagged: government

/ News

Coalition leaders agree to bring forward bailout renegotiation

 Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens

/ News

Coalition leaders agree to bring forward bailout renegotiation

 Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens

/ News

Portugal’s Leader Won’t Soften Austerity

Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the

/ News

Portugal’s Leader Won’t Soften Austerity

Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the

/ News

Madrid Austerity Plan Boosted to $80 Billion

Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister

/ News

Madrid Austerity Plan Boosted to $80 Billion

Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister

Gov’t, troika in tug-of-war over layoffs

The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the

Gov’t, troika in tug-of-war over layoffs

The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the

These Two Charts Might Change Everything You Believe About The National Debt

The chart is simple, but first, many people believe that as the national debt surges, our borrowing costs should surge. This will show that in fact it’s the opposite. The blue line (measured on the right-y-axis) is the total size

These Two Charts Might Change Everything You Believe About The National Debt

The chart is simple, but first, many people believe that as the national debt surges, our borrowing costs should surge. This will show that in fact it’s the opposite. The blue line (measured on the right-y-axis) is the total size

Banks sweating over recapitalization terms

The next few days will determine the future of the local banking system, a top official at a Greek lender told, as the new government will have to determine the details regarding the recapitalization process as soon as possible. Provided

Banks sweating over recapitalization terms

The next few days will determine the future of the local banking system, a top official at a Greek lender told, as the new government will have to determine the details regarding the recapitalization process as soon as possible. Provided

Same Parties in Charge New Government, But No New Beginning in Athens

DPA New Democracy leader Antonis Samaras was sworn in as new Greek prime minister on Wednesday at the presidential mansion in Athens. Greece has a new government, ending weeks of uncertainty in the country. New Democracy leader Antonis Samaras was

Same Parties in Charge New Government, But No New Beginning in Athens

DPA New Democracy leader Antonis Samaras was sworn in as new Greek prime minister on Wednesday at the presidential mansion in Athens. Greece has a new government, ending weeks of uncertainty in the country. New Democracy leader Antonis Samaras was