News about finance

Madrid's mantra: Spain is not Greece Greece's economic turbulence is dominating political debate in Spain ahead of a year-end general election, with the ruling conservatives pointing to Syriza's difficulties to discredit its Spanish ally Podemos.
08 July 2015 14:12
Major educational reforms to change everything: Sagadiev Vice Minister of Investments and Development Yerlan Sagadiev suggested an aggressive transfer to education in English at higher educational institutions of Kazakhstan.
07 July 2015 19:00
'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 13:40
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 11:35
'Europe without Greece? Joke,' says Greek foreign minister Greek Foreign Minister Nikos Kotzias ruled out his country's exit from the EU and called for calm after Greek voters rejected bailout terms of international creditors.
07 July 2015 11:27
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 14:51
Yanis Varoufakis: Greece's 'erratic Marxist' Yanis Varoufakis, Greece's finance minister resigned despite the government having secured a resounding victory in a weekend referendum.
06 July 2015 13:44
Greek 'No' wins referendum with over 61% of votes: near-complete results More than 61 percent of Greek voters rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum.
06 July 2015 12:09
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 10:47
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 10:26
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 12:04
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 10:53
Defiant Greek PM vows referendum will go ahead Greek Prime Minister Alexis Tsipras vowed to press ahead with a controversial bailout referendum as European leaders ruled out any fresh debt offer before Sunday's vote.
02 July 2015 15:57
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 11:42
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 11:35
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 10:37
Merkel says won't discuss new Greek request before referendum Chancellor Angela Merkel said that Germany won't enter into new aid negotiations with Athens before Greece's weekend referendum.
01 July 2015 10:02
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 14:47
'Black Monday' in Greece as panic simmers It has already been dubbed "Black Monday" -- jittery housewives, shoppers and business owners queued in vain at cash machines in Athens, where the country awoke to capital controls and shuttered banks.
29 June 2015 17:04
Italy does not fear Greek contagion: finance minister Italy's finance minister played down the threat of Italy being hit by the fallout from market instability linked to the Greek crisis.
29 June 2015 15:21
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