Greek bailout - NewBostonPost

European Union

Greek creditors report progress in bailout talks

ATHENS, Greece (AP) — Greece's talks with its creditors on a vital third bailout are making "satisfactory progress," the European Union executive said Thursday in its most upbeat assessment so far, as Athens stocks rebounded three days after their worst plunge in decades. A European Commission spokeswoman,

greece

Greece: Prospect of new election grows, market hit

Written by Derek Gatopoulos ATHENS, Greece (AP) — Greece's government conceded Tuesday that dissent within the ruling party was likely to force an early election, while bank shares plummeted again on the stock market, which reopened this week after a long closure.

Greek bailout

Greece seeks 3-year aid program, rushes to detail reforms

Written by ELENA BECATOROS and JAMEY KEATEN ATHENS, Greece (AP) — With a deadline just hours away to come up with a detailed economic reform plan, Greece requested a new three-year rescue from its European partners Wednesday as signs grew its economy was sliding toward free-fall without an urgently needed bailout.

greece

IMF won’t join Greek bailout before reforms

WASHINGTON (AP) — The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday. Briefing reporters on condition of anonymity, the official said Greece needs to commit to reforms and creditors must

greece

Greek banks to reopen after cash pledge from lenders

By Elena Becatoros and Derek Gatopoulos ATHENS, Greece (AP) — Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but officials in Athens said the painful austerity measures demanded in return were likely to force an election within months.

greece

Greece faces pressure to back deal or consider leaving euro

By MENELAOS HADJICOSTIS, and RAF CASERT BRUSSELS (AP) — Greek Prime Minister Alexis Tsipras and skeptical European leaders negotiated past a self-imposed deadline into the early hours of Monday, with talks stuck on how Greece would guarantee austerity measures in exchange for a rescue package to prevent its banks from collapsing.