Bloomberg
Economy
Bloomberg: ECB Considers Curbing Liquidity to Greek Banks
The European Central Bank is considering measures to rein in Emergency Liquidity Assistance to Greek banks, as resistance to further aiding the country’s stricken lenders grows among the Governing Council, a Bloomberg report says.
The report cites people who have...
Economy
Bloomberg: Three Potential Scenarios on Greece's Problem
With the Greek government running out of cash by the end of April, Bloomberg speculates on three potential scenarios on the outcome of negotiations between Athens and creditors.
With the word "Grexit" looming large after the new, leftist SYRIZA government...
Economy
Foreign Media Reports on Meeting of European Leaders
German media appear optimistic after the seven European leaders’ meeting on Thursday March 19, in Brussels.
German magazine Spiegel Online notes that the fact that the European leaders took the time to meet with Alexis Tsipras is an important symbolic...
Economy
Foreign Media Reports on Greece-Eurogroup Debate
German media noted that the atmosphere in the emergency Eurogroup meeting on February 11 was hostile but also modest, while most international news agencies state that there is hope that Europe and Greece will come to an agreement in...
Economy
Foreign Media: Greek PM Appears Determined
Foreign media reached a conclusion after Alexis Tsipras’ statements in the Greek Parliament on Sunday evening, February 8. The Greek Prime Minister appears determined to put an end to austerity measures, even if that leads to a Grexit.
Reuters’ reporter...
Economy
Greece's Cash May Run Out by March
Bloomberg predicts that Greece is facing the risk of running out of money with the next 20 days, according to an article entitled “Greece May Run Out of Cash as Early as March,” published on February 4.
“As Greece’s creditors line...
Economy
Greece Is Headed for a Great Depression Without 3rd Memorandum
Bloomberg and Reuters, two of the world's most prestigious news agencies, predicted that the next Greek government which will arise after the upcoming election, will face hard times.
According to Bloomberg, Greece is set to run out of cash by mid-year...
Economy
Rehn: Debt Extension Likely, Not Writedown
Greece is unlikely to win a debt writeoff, however a debt extension is very possible, Olli Rehn told Bloomberg, ahead of the Greek elections.
The former European Union economic and monetary affairs commissioner had helped Greece avoid the exit from...
Economy
Greek FinMin: An Accident Could Happen, and the Whole Idea is to Avoid it
The prospect of “leaving the euro area is not necessarily a bluff,” Greek Finance Minister Gikas Hardouvelis said in an interview with Bloomberg TV.
“An accident could happen, and the whole idea is to avoid it,” he added.
The main challenge...
Economy
Greek SYRIZA Party Leader: Markets Won't Be Rooting for Us
Greek main opposition party, SYRIZA, leader, Alexis Tsipras, does not appear "frightened" by possible turmoil in the market should his party win the upcoming snap general elections of January 25, as Bloomberg reports.
As he stated in his book “Alexis...