10 Updates

Greece near bailout deal

Source: Boston Channel.com, Nov 10 2012, 2:19pm CST

Greece will take another big step toward unfreezing international bailout funds if parliament approves the nation's 2013 budget Sunday, but disagreement among its creditors may push back when that aid will resume. The Athens parl ...

Continue reading on: Boston Channel.com

 
 
Update
10

3 hours ago

Cyprus Bailout Update Reveals Bad News for Greece

Source: Legal Insurrection  |   May 25 2013, 9:15am CDT

I delved into the news for an update on how the bribe plan worked. Admirably, as Cyprus receives EU-IMF bailout funds! Cyprus has received the first installment of a 10bn-euro bailout package from international creditors, which was ...

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Update
9

13 hours ago

Desmond says default or inflation will solve debt crisis in Ireland

Source: Irish Independent  |   May 24 2013, 11:00pm CDT

The country's third richest man said the Government's debt problems would be solved by a default or "hopefully" through controlled inflation. Financier Dermot Desmond told a conference at the National College of Ireland that Irel ...

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Update
8

27 weeks ago


Quote:
"The ECB is by and large done"


Source: Boston Channel.com

 

Latest Politics News

 
Update
7

19 hours ago

Ken Rogoff: For Europe, Debt Relief for the Periphery, Not Fiscal Expansion at the Core

Source: Brad DeLong's Semi-Daily Journal  |   May 24 2013, 5:33pm CDT

The eurozone’s difficulties… stem from European financial and monetary integration having gotten too far ahead of actual political, fiscal, and banking union. This is not a problem with which Keynes was famil ...

Continue reading on: Brad DeLong's Semi-Daily Journal  More like this

 
Update
6

19 hours ago

The IMF Revisits Sovereign Debt Restructuring, Not the SDRM

Source: Peterson Institute  |   May 24 2013, 5:22pm CDT

Within its crystal-clear political constraints, the Fund goes on a measured march across sovereign debt restructurings from 2005 to 2012, or from Argentina to Greece, through Belize, Jamaica, and St. Kitts and Nevis. ...

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Update
5

21 hours ago

Cyprus Cozying up to Russia?

Source: The American Interest  |   May 24 2013, 3:16pm CDT

The Kremlin can hardly believe its luck these days. With the US dithering over Syria and the EU hopelessly lost, wandering in the ruins of its euro project, Russia is enjoying plum opportunities to reassert itself on ...

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Update
4

22 hours ago

Ode on a Grecian Yearning

Source: The Corner-National Review Online  |   May 24 2013, 2:33pm CDT

Athens — Democracy is under siege in its birthplace. In a room of over 50 Greek CEOs and scholars from the American School in Greece, not one raises their hand when asked if they think their democratic government is capable of solving their econom ...

Continue reading on: The Corner-National Review Online  More like this

 
Update
3

22 hours ago

Eurozone more stable, needs a more European UK: Draghi

Source: China Post  |   May 24 2013, 2:33pm CDT

LONDON -- The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on T ...

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Update
2

22 hours ago

Greece's NBG lifted by strong Turkish performance

Source: CNBC  |   May 24 2013, 2:12pm CDT

ATHENS, Greece -- The National Bank of Greece has reported first-quarter profits of 27 million euros ($35 million) with a strong performance by its Turkish unit, Finansbank, keeping the group profitable. NBG, Greece's largest ban ...

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Update
1

1 day ago

Cyprus bank accuses troika of misleading EU ministers

Source: EUobserver.com  |   May 24 2013, 11:01am CDT

BRUSSELS - The Cypriot central bank has said eurozone finance ministers and the media have been misled by a highly critical report on money laundering on the island. The report in question is a four-page resume of a ...

Continue reading on: EUobserver.com  More like this

 
 
 
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