Greece to Lose Great Deal of Its Sovereignty - Juncker
The sovereignty of Greece will be massively limited as a result of the EU bailout, according to Jean-Claude Juncker, chairman of the Eurogroup of Finance Ministers. Speaking before Germany's Focus magazine, Juncker claimed that teams of privatisation experts from around Europe would now be heading to Athens to push through the state sell-offs, which are slated to raise EUR 50 B. Juncker compared ...
Source: Novinite
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Eurozone new steps to help rescue Greece
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Eurozone vows to battle debt contagion, rescue Greece
BRUSSELS, Jul 12, 2011 (AFP) - Eurozone finance ministers Monday vowed to beef up a rescue mattress for troubled economies such as Greece as they went to battle to contain debt crisis contagion threatening...
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Eurozone pledges new steps to help Greece
Eurozone finance ministers promised cheaper loans, longer maturities and a more flexible rescue fund to help Greece and other EU debtors in a bid to stop financial contagion engulfing Italy and Spain.
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U.S. Stocks Surge Most Since July 2009 on Greece, Manufacturing Report
U.S. stocks posted the biggest weekly rally in two years, with the Dow Jones Industrial Average rising 648 points, after Greece took action to avoid a default, Nike Inc. (NKE) ’s earnings topped analyst...
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U.S. Stocks Surge Most Since July 2009 on Greece, Manufacturing
U.S. stocks posted the biggest weekly rally in two years, with the Dow Jones Industrial Average rising 648 points, after Greece took action to avoid a default, Nike Inc.’s earnings topped analyst...
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19. Greece to get 12bil euros
BRUSSELS: Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros to Greece and said the details of a second aid package for Athens would be finalised by mid-September.
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Europe clears urgent aid for Greece
Eurozone finance ministers have cleared the way for Greece to receive urgent funds to avoid bankruptcy.