Economy - страница 20

Lagarde: A new Greece program needs debt restructure International Monetary Fund Managing Director Christine Lagarde said that a new program to prop up Greece's finances would require creditors to restructure debt.

09 July 2015

Greek banks to stay closed until Monday: finance ministry Greek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.

09 July 2015

Microsoft cuts 7,800 jobs, reorganizes phone unit Microsoft announced plans to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion.

09 July 2015

'Can't take risk' of Greece leaving euro: French PM France can't take the risk of Greece leaving the eurozone, which would have an effect across the globe, the prime minister said on Tuesday.

07 July 2015

IMF 'ready to assist Greece if requested': Lagarde International Monetary Fund chief Christine Lagarde said that the global crisis lender would assist Greece if asked, a day after Greek voters rejected a prior bailout plan.

07 July 2015

Euro picks up after Greek finance minister quits The euro rose after Greece's Finance Minister Yanis Varoufakis announced his shock resignation, just hours after the cash-strapped nation rejected creditors' austerity demands in a landmark weekend referendum.

06 July 2015

Moscow sees Greece 'closer to euro exit' after bailout referendum Greece has moved a step closer towards a eurozone exit as early results from a crucial bailout referendum suggested Greeks had overwhelmingly rejected creditors' demands for more austerity.

06 July 2015

Greece would need new currency if votes 'No': Schulz Greece will have to introduce another currency if it votes 'No' in Sunday's referendum on its potential bailout terms, European Parliament president Martin Schulz said.

06 July 2015

Greek banks say have sufficient liquidity until Tuesday Greek banks have enough liquidity up to their reopening as expected early next week after the country's bailout referendum at the weekend.

04 July 2015

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KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.

03 July 2015

IMF: Greece needs 36 bn euros more from EU Greece needs 50 billion euros over the next three years, including 36 billion euros more from EU lenders, to stabilize its finances even under existing creditor plans.

03 July 2015

Facebook tests video ads in budding YouTube challenge Facebook on Thursday confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.

03 July 2015

Greece: IMF says payment delays no help to nations in crisis The International Monetary Fund said that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.

02 July 2015

Ukraine suspends Russian gas purchases in new price row Ukraine announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.

01 July 2015

Eurozone refuses Greek bailout extension, more talks Wednesday Eurozone finance ministers declined to extend Greece's bailout Tuesday hours before its expiry and a possible IMF default.

01 July 2015

EU to help 'frontline' Hungary cope with migrant wave: official The European Commission has pledged to send financial aid and experts to Hungary to help it cope with a surge in illegal immigration this year.

01 July 2015

Greek default poses new challenge to IMF credibility Nobody in the halls of the International Monetary Fund in Washington has any illusion: Greece is going to default, delivering a new blow to the global crisis bank's credibility.

30 June 2015

Moscow hopes Brussels will avoid 'negative scenarios' over Greece: Lavrov Russian Foreign Minister Sergei Lavrov expressed the hope that Brussels would avoid "negative scenarios" over Greece amid fears that the country is heading for a eurozone exit.

30 June 2015

Brazil's Petrobras slashes multi-year investment plan Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.

30 June 2015