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Dublin: 7 °C Wednesday 22 October, 2014

#Greek economy

# greek-economy - Tuesday 27 September, 2011

From TheJournal.ie Obama: Euro crisis is ‘scaring the world’ Euro Crisis

Obama: Euro crisis is ‘scaring the world’

The US president says European leaders have not been acting quickly enough to solve the crisis – and that the world is suffering.

# greek-economy - Tuesday 20 September, 2011

Greece ‘near deal’ with troika – but may withdraw from Euro

Discussions with the EU and IMF are nearing a conclusion – but reports say the government wants a referendum on Euro membership.

From TheJournal.ie The 9 at 9: Tuesday 9 At 9

The 9 at 9: Tuesday

Nine things to know by 9am: FF prepares for crunch meeting on Áras, is Greece going to withdraw from the Euro?, and Europe’s women reveal their biggest turn-off…

# greek-economy - Monday 19 September, 2011

Ambitious Greece promises to turn budget surplus for 2012

The Greek government promises to spend less than it takes in in 2012 – but says it won’t repay interest on loans before that.

# greek-economy - Monday 12 September, 2011

Markets enter panic mode as fears grow over Greek default

Rumours that Greece may still default have sent markets into a nosedive, as the Euro falls and the cost of borrowing rises.

# greek-economy - Monday 5 September, 2011

Eurozone not destined for a double-dip – Barroso

The head of the European Commission insists that the bloc will continue to grow, albeit at a rate slower than first hoped.

# greek-economy - Tuesday 23 August, 2011

European in-fighting may still scupper Greece’s second bailout

Athens and Helsinki have struck a deal where Finland gets collateral for its second batch of loans. Now others want similar deals.

# greek-economy - Friday 22 July, 2011

Bond yields dive, and Euro up, as markets embrace Brussels deal

The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.

# greek-economy - Thursday 21 July, 2011

Irish bailout rate ‘cut to under 4 per cent’ by draft agreement – report

RTÉ says a draft agreement being considered in Brussels would slash our interest rate and extend our repayments.

# greek-economy - Monday 4 July, 2011

Greece’s second bailout is delayed – but payments will continue

A deal on a second bailout is deferred over disputes on how much help the private sector should have to offer.

# greek-economy - Wednesday 22 June, 2011

From TheJournal.ie The Daily Fix: Wednesday Daily Fix

The Daily Fix: Wednesday

In this evening’s wrap-up: UVF blamed in Belfast, AIB battered in Bulgaria, and a strange new use for your toenail clippings…

From TheJournal.ie Ireland faces €200m hit if Greek economy crumbles Greece

Ireland faces €200m hit if Greek economy crumbles

Ireland’s banks will escape any fallout, but the State and private institutions will lose out if Greece goes to the wall.

# greek-economy - Thursday 16 June, 2011

Iceland’s finance minister: ‘Ireland shouldn’t copy our formula for default’

Ireland and Greece can’t follow the recovery mode as Iceland did, finance minister Steingrimur Sigfusson insists.

# greek-economy - Tuesday 14 June, 2011

Greece’s credit rating now the lowest in the world

Standard & Poor’s drops Greece another three notches and says any restructure will be considered a sovereign default.

# greek-economy - Thursday 9 June, 2011

From TheJournal.ie Germany’s new stance: Greek bondholders must share burden, and we want collateral for new loans Eurozone

Germany’s new stance: Greek bondholders must share burden, and we want collateral for new loans

Wolfgang Schäuble says Greece’s bondholders will have to suffer the pain – what chance of the same tactic for Ireland?

# greek-economy - Thursday 26 May, 2011

From TheJournal.ie The Daily Fix: Thursday The Daily Fix This post contains images

The Daily Fix: Thursday

All the day’s news, and the bits and pieces you may have missed…

IMF ‘may delay Greek bailout loans’ over political opposition to cutbacks

The Greek opposition have refused to sanction new austerity moves – and now the IMF is threatening to hold up on payments.

# greek-economy - Friday 20 May, 2011

UCD’s Karl Whelan: Ireland faces needing a SECOND bailout Bailout 2? This post contains videos

UCD’s Karl Whelan: Ireland faces needing a SECOND bailout

The current market conditions won’t allow Ireland to borrow through normal means by next year – leaving us in the lurch.

# greek-economy - Tuesday 3 May, 2011

From TheJournal.ie Portuguese bailout deal due ‘in days’ – while Greece seeks extension Bailout

Portuguese bailout deal due ‘in days’ – while Greece seeks extension

A preliminary agreement on emergency lending to Portugal’s caretaker government is due in days, an EU official says.

# greek-economy - Monday 7 March, 2011

Rehn asks Germany for flexibility on Ireland’s bailout rate

As the Programme for Government agrees to seek a lower interest rate, Europe asks the main economies to look kindly.

# greek-economy - Saturday 20 November, 2010

From TheJournal.ie Bailout: €50bn for banks, and €50bn more for state Bailout Republic?

Bailout: €50bn for banks, and €50bn more for state

Insiders tell the foreign press that the bailout being considered for the banks is €50bn, with more for the state if needed.

# greek-economy - Thursday 11 November, 2010

Could China be stepping in to buy Irish bonds?

China bought Greek debt at the time of the bailout, and hints it’s been buying Portugal. Could Ireland be next?

# greek-economy - Thursday 21 October, 2010

Uh-oh: two days after reining in, bond yields explode again

The cost of government ten-year borrowing was under 6% on Tuesday. Today it closed above 6.5% again.