Post Profile

Greece's austerity deal: Too little too late?

Greek leaders just can't please anyone. Thousands protested in Athens this week after Greek politicians, trying to win a massive European bailout, finally accepted a new round of job and spending cuts. Then, European ministers declared late Thursday that the controversial austerity plan doesn't go far enough. They gave Athens' divided parliament a week to come up with another $430 million in savings — in exchange for a new $170 billion bailout that Greece needs to avoid defaulting on its debt.
read more


Related Posts

Greek PM sets bailout deadline

Business & Finance : Business Report

Greece’s coalition parties must tell the European Union by Monday whether they accept the painful terms of a new bailout deal. ||| Athens - Greece's coalition parties must tell the European Union by Monday whether they accept the pa...

Greek Leader Criticized On Austerity Concessions

News : Huffington Post

ATHENS, Greece (AP) — Greece's prime minister held a marathon meeting with his party's lawmakers Wednesday, briefing them on pledges made to European creditors to win a four-month extension of the country's bailout amid simmering pa...

Left-wing Leader Rejects Greek Austerity Pledge

Business & Finance : The Curious Capitalist

ATHENS, Greece — The smoldering debate over European austerity flared hotter Tuesday as the left-wing politician trying to form a new Greek government declared that his country is no longer bound by its pledges to impose crippling c...

Greece's finance minister channels FDR: 'I welcome their hatred'

Business & Finance : Business Insider: Money Game

Amid high-level brinkmanship by Greece's finance minister Yanis Varoufakis, the euro zone officials negotiating the next tranche of bailout funds to cash-strapped Athens are getting frustrated.  Earlier this week, a participant of t...

Why Another Greek Bailout Is Now Becoming Less And Less Likely By The Day

Business & Finance : Business Insider: Clusterstock

Today, massive protests in Athens are targeting the government's push for more austerity measures. Last night, European Union leaders failed to come to a deal on the next bailout for Greece. That bailout has now been pushed back to ...


Copyright © 2015 Regator, LLC