Juncker
Economy
Troika Loans Coming Fast for Greece
After getting the formal approval on Dec. 14 from the Eurozone finance ministers he was meeting in Brussels for a surge of 52.5 billion euros ($68.6 billion) in a series of more rescue loans over the next few months...
Economy
Greece Will Have To Wait On Loan
It took a while but Prime Minister Antonis Samaras’ uneasy coalition government got some relief when Eurozone finance ministers – on the third try – finally agreed to a complicated deal that would lead to the release of 43.7...
Economy
Eurozone Finally OK's Greek Debt Deal
After 12 hours of talks – and a third meeting – Eurozone finance ministers finally reached an early morning deal on Nov. 27 to relieve Greece’s crushing debt and pave the way for the release of $57 billion in...
Economy
Samaras in Brussels, Merkel Says Loan Coming
Greek Prime Minister Antonis Samaras was in Brussels on Nov. 22 for the start of a two-day meeting of European Union leaders on the region's budget where he was expected to meet Eurozone chief Jean-Claude Juncker and push for...
Economy
Greece's Big Week: EU Showdowns
Having secured reluctant Parliamentary approval of a $17.45 billion spending cut and tax hike plan demanded by international lenders, Greek Prime Minister Antonis Samaras is preparing for a week of meeting European Union leaders in the hopes they will...
Economy
Lagarde Says Greece Needs Solution
As Greece waits fretfully for whether Eurozone leaders this week will release a delayed $38.8 billion installment needed to keep the country’s economy afloat, International Monetary Fund (IMF) chief Christine Lagarde said a permanent answer must be found to...
Economy
Juncker Wants Greece in Eurozone But No Reassurances
With growing indications that Greece may have to make even deeper cuts than the $14.16 billion demanded by international lenders, Eurozone chief Jean-Claude Juncker told Prime Minister Antonis Samaras that Greece should stay in the economic bloc, but said...
Economy
Greece Says Bailout Break Would Help Economic Recovery
Hoping to press the case that Greece needs more time to hit fiscal targets demanded by international lenders, a report from the country’s Finance Ministry said that a possible recovery could be spurred by allowing two more years for...
Economy
Samaras Readies to Visit Merkel, Hollande to Make Greece's Case
Greek Prime Minister Antonis Samaras, struggling to get a consensus in his shaky coalition government for another $14.16 billion in cuts and austerity measures he’d vowed to avoid, will take his case to German Chancellor Angela Merkel in Berlin...
Economy
Stournaras Asks No Concessions at Eurozone Meeting
BRUSSELS - Greece’s new Finance Minister Yiannis Stournaras, in his first meeting with leaders of the Eurozone of the 17 countries which use the euro as a currency, did not try to open negotiations to soften the harsh terms...