Posts Tagged: government
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
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
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
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
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
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
Finally Greece has a government! But for how long?
Yes!!!!! After one month, Greece has now a government. All the world is happy, euro is going up, sentiment has a little bit improved, bond yields in Spain and Italy are getting lower, so what more can someone ask. But
Finally Greece has a government! But for how long?
Yes!!!!! After one month, Greece has now a government. All the world is happy, euro is going up, sentiment has a little bit improved, bond yields in Spain and Italy are getting lower, so what more can someone ask. But
The One Man Who Can Save Europe
The European Union’s audacious policy of not having a policy to deal with its economic crisis has almost run its course. Last week, investors took less than a day to decide that the proposed assistance package for Spanish banks wouldn’t
The One Man Who Can Save Europe
The European Union’s audacious policy of not having a policy to deal with its economic crisis has almost run its course. Last week, investors took less than a day to decide that the proposed assistance package for Spanish banks wouldn’t
What’s So Special About the Euro Currency Area?
Now that the Greek election failed to solve anything, Europe is back to the same problems it faced before. Not the ones predating Sunday’s election, which resulted in the formation of a coalition government of Greece’s pro-Europe parties. But the
What’s So Special About the Euro Currency Area?
Now that the Greek election failed to solve anything, Europe is back to the same problems it faced before. Not the ones predating Sunday’s election, which resulted in the formation of a coalition government of Greece’s pro-Europe parties. But the
A different perspective 