ATHENS — Greece’s return to the financial markets with a five-year bond offering on Thursday was met with overwhelming demand from investors, and government officials hailed the sale as proof that the country was recovering from a wrenching five-year economic crisis.
The Group of Twenty Finance Ministers and Central Bank Governors (G-20, G20, Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
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Showing posts with label Antonis Samaras. Show all posts
Showing posts with label Antonis Samaras. Show all posts
3/30/2014
Amid ruins of Greek economy, green shoots emerge
(Reuters) - On a cold day in January, car dealer Dimitris Antonopoulos handed over the keys of a brand new, white Jaguar worth 122,000 euros ($167,600), the first one sold in Greece in more than a year amid signs that a brutal recession might be easing.
1/09/2014
Greece plays up progress as it takes on delicate EU presidency
(Reuters) - Greece took over the presidency of the European Union on Wednesday and chose the moment to deliver a staunch defense of its efforts to recover from six years of recession and two bailouts that have cost it more than 200 billion euros.
10/22/2013
Malta, Greece urge EU to share immigration 'burden'
VALLETTA: Malta and Greece called Monday for Europe to take decisive action on illegal immigration at summit talks this week, insisting EU states follow up on promises to share the "burden".
8/11/2013
Greek unemployment rate hit record high in May
Greece's unemployment rate hit another record high in May of 27.6%, according to the country's statistics body.
7/18/2013
Greek MPs back public sector cuts amid protests
The parliament in Greece has narrowly approved a public sector reform bill that will see thousands of people lose their jobs.
In a 153-140 vote, MPs backed the bill tied to the country's fresh 6.8bn euros (£5.8bn) of bailout loans, needed to keep Greece afloat.
3/05/2013
Greece, in trouble elsewhere, boosts cooperation with Turkey
ISTANBUL (Reuters) - Beset by economic crisis at home, Greece took a symbolic step towards improving relations with long-time arch rival Turkey on Monday by pledging to double annual trade with its eastern neighbor over the next three years.
11/29/2012
Greece hails rebirth of a nation as EU and IMF agree to release loans
After months of drama in the eurozone and its own solvency hanging by a thread, Greece reacted with euphoria on Tuesday at the news that international creditors had decided to not only revitalise its rescue programme, releasing long-overdue aid, but cut €40bn (£32bn) from its debt mountain.
10/08/2012
Greek deadlock continues as Christine Lagarde describes talks as 'productive'
Greece will not reach a deal with European debt inspectors on fresh austerity measures before a vital meeting on Monday, according to the country's finance minister, even as IMF managing director Christine Lagarde described talks as "very productive".
9/21/2012
Greek Leaders Struggle With Spending Reductions
Greek Prime Minister Antonis Samaras struggled to clinch agreement with his coalition partners on an 11.5 billion euro ($14.9 billion) budget-cut package that’s key to receiving international aid funds.
8/23/2012
Global shares slip as government bonds gain, Greece eyed
NEW YORK (Reuters) - Shares prices slipped from 3-1/2 month highs on major world markets on Wednesday and government bond yields fell as Greek and European officials met on the eurozone debt crisis and after weak Japanese economic data stoked concern about global growth.
8/21/2012
German and Greek Officials Play Down Expectations
BERLIN — The foreign ministers of Germany and Greece sought Monday to scale back expectations that a series of high-level meetings this week would produce significant decisions over Greece’s future in the European currency union, calling instead for a “climate change” in tone between the two countries.
7/24/2012
IMF says will support Greece in overcoming economic woes
WASHINGTON (Reuters) - The International Monetary Fund on Monday dismissed a weekend news report that it may refuse to continue supporting Greece as it prepares for talks with the new Greek government on its international bailout.
7/20/2012
Greek leaders push back decision on austerity cuts
ATHENS: Greek coalition leaders agreed to meet next week to hammer out almost 12 billion euros worth of austerity cuts demanded by the near-bankrupt country's lenders after a deal proved elusive at an initial round of talks on Wednesday.
7/06/2012
Greece sees 'difficult years ahead' as EU-IMF talks begin
ATHENS: New Greek Finance Minister Yannis Stournaras warned on Thursday that the country's recovery was "off-track" and Greece faced "difficult years ahead" as sensitive talks with EU-IMF creditors began.
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