Greek Bailout
Euro optimism shortlived as Spain's borrowing costs rise againOptimism from the Greek election on Sunday that saw pro-euro parties elected has proved shortlived as yields on both Spanish and Italian ten-year government bonds rise. |
George Soros warns there is just 3 months left to save the euroBillionaire investor, George Soros has warned that there is just three months left to save the euro as domestic pressures in Germany mean further bailouts are not likely. |
IMF's Lagarde says no relaxing of IMF terms on Greek bailoutThe head of the International Monetary Fund (IMF), Christine Lagarde has warned the Greek people that they must "help themselves", pay more taxes and pay for the good times. |
Greek bailout agreed after bond holders agree debt swapGreece is likely to receive its next bailout of €130 billion and avoid defaulting on its debt after holders of Greek debt agreed to losses of over 50 per cent. |
Eurozone agrees second Greek bailout but doubts remainEurozone leaders have agreed to advance Greece a second bailout, this time of €130 billion but doubts persist that it will be enough to support the Greek economy. |
Hague warns on Greek euro exit as second bailout finalisedSpeaking on the BBC's Andrew Marr show, the Foreign Secretary, William Hague has warned Greece on the perils of leaving the euro that was "built without exits". |
Second Greek bailout deal expected to be announced on MondayThe second bailout deal for Greece is close to being finalised and eurozone officials expect the details to be announced on Monday when the markets reopen. |
Greece riots as new austerity measures passedGreece has voted to accept new austerity measures as a condition to receiving €130 billion of bailout funds so that it can pay its debts and avoid bankruptcy. |
Greece scraps plans to hold a referendum on EU bailoutThe Greek Prime Minister, George Papandreou says Greece has abandoned plans to hold a referendum on the bailout from the European Union and that he never intended too. |
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