Search Results for: Greek Prime Minister Alexis Tsipras
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
Greek Pipeline Breakthrough To Challenge Russian Gas Dominance
May 19th, 2016
After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large ...
Greek Prime Minister Tsipras Meets With Iranian Leaders in Tehran
February 9th, 2016
Greece hopes to become an economic link between Iran and EU now that sanctions are lifted Greek Prime Minister Alexis Tsipras on Monday became the first Western leader to visit Iran since the lifting of trade sanctions against the ...
Greece Reaches Tsipras Anniversary Facing Pension Battle
January 25th, 2016
Bonds sink ahead of tough negotiations over pension reform Government wants speedy end to bailout review with creditors Prime Minister Alexis Tsipras is marking the one-year anniversary of his election on Monday as Greece finds itself once again with ...
Greece Gets Aid Infusion as EU Counts on Tsipras for Reforms
November 25th, 2015
ESM approves payment of 2 billion euros after milestones met EU’s Dombrovskis says bank decisions due within weeks Greece unlocked more of its rescue funds as the euro area called on Prime Minister Alexis Tsipras to maintain his nation’s ...
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
Greece Could Return to Bond Markets Soon, Tsipras Says
September 30th, 2015
Greek prime minister warns that Europe’s migration crisis could harm efforts to turn around fragile economy Greek Prime Minister Alexis Tsipras said his country could return to bond markets soon, if it reached a debt-restructuring deal with creditors in the coming ...
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...
Yet Another Election? Weary Greeks See Little Gain From Vote
September 17th, 2015
Greeks head to their third ballot in less than a year Greek voters say nothing is going to change for them Like many Greeks, Christi Psarra has no illusions about what the country’s third vote in less than ...
Bad loans haunt Greek banks seeking new start
September 8th, 2015
Turned down for a 10,000 euro ($11,100) loan, George Sarris is one of hundreds of thousands of small business owners shunned by Greek banks. Pointing to the parliament building overlooking his small cafe in Athens’ Syntagma Square, the 35-year-old ...
