News about Greece

Greece may need new bailout of 10bn euros

Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
26 August 2013 13:18

IMF approves 1.7 bn euro loan payout to Greece

The International Monetary Fund released 1.72 billion euros ($2.29 billion) in aid for Greece on Monday after completing a review of the country's performance under the international rescue program.
30 July 2013 15:47

EU, IMF, praise Greek progress battling debt

Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
01 June 2013 20:57

Brussels expected to up pressure for economic reform

The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
28 May 2013 11:31

May Day protests against austerity, 'slave labour'

Tens of thousands of angry protesters staged May Day rallies in several countries of the crisis-wracked eurozone Wednesday, as fury erupted at demonstrations in Bangladesh after a deadly building collapse.
02 May 2013 14:20

Exchange Rates

 474.42   540.58   6.07 

 

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