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New Finance Minister Says Greece Is Insolvent

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

By Frances Copolla, Forbes

The new Finance Minister of Greece has been making waves. In a meeting with Eurogroup chairman Jeroen Dijsselbloem on January 30th he appeared to say that Greece would no longer cooperate with the Troika – the combination of the IMF , European Commission and the ECB that has been running Greece’s bailout programme. Dijsselbloem’s face was an absolute picture, as FT Alphaville gleefully reported.

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Europe’s Greek lesson: Austerity has failed

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

By The Globe and Mail, Editorial

In mid-2008, Canada went into a recession, but by mid-2009, the country had begun to bounce back. The recovery was weaker than hoped for, but at least the economy grew. Today, more Canadians are in the labour force than before the downturn, and in real terms the economy expanded 12 per cent between the third quarters of 2007 and 2014.

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Greece Sets Up Cash Crunch for March Telling EU Financial Bailout Is Over

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

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Greece: Will Syriza or its creditors blink first?

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

By Catherine Boyle, CNBC

  The first financial tests of Syriza's audacious new policies for Greece loom – as it is still unclear who will concede ground on its debt pile first.

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Europe hints at Greek bailout extension

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Europe held out an olive branch to Greece's new anti-austerity government Friday by hinting it may extend massive financial aid beyond the end of February.