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Showing posts with label Greek bailout package. Show all posts
Showing posts with label Greek bailout package. Show all posts

8/01/2015

Bailout Money Goes to Greece, Only to Flow Out Again

FRANKFURT — The Greek businessman was nervous as he carried a suitcase stuffed with cash through passport control at the Athens airport a few months ago. But the distracted and overworked customs officials waved him through.

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.

2/27/2012

G20 moves to line up huge rescue deal for April

MEXICO CITY: The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.