Preventive Credit Line
Economy
Greek Govt VP and German FinMin: Political Stability Is Key for Greek Economy
To the reforms and the progress Greece has made during all this time, referred the German Finance Minister, Wolfgang Schaeuble, after his meeting with Greek government Vice President and Foreign Minister Evangelos Venizelos, earlier this afternoon in Berlin.
"Greece has gone...
Economy
Greece Will Need Bailout Extension, EU Official Says
The preventive credit line for Greece will not be ready in time, therefore the country will have to ask for an extension on its bailout program before Eurozone parliaments close for Christmas, a senior EU official told Reuters earlier...