Posts tagged "International Monetary Fund"
Greece prepares for Europe Meeting
ATHENS, Greece – Greek Prime Minister, Antonis Samaras, next week will have their first meetings with the leaders of the euro area since he took office, which attempt to assure you that will fulfill the promise of greater austerity and look if they can give you more time to his country to carry it...
Greece Struggles to Follow in the Euro Area
ATHENS – The coalition government of Greece operates a bridge loan to cover their financial needs until September, while striving to achieve 11.700 billion in spending, cuts back on track for a rescue plan to appease international lenders and exasperated. Policies must be submitted for approval to the July 24, when the auditors...
Greece, Desperate to Europe and IMF
BERLIN – German Economy Minister, Philipp Rösler, warned Friday that the Troika is exhausting his patience with the Government of Greece concerning the implementation of reforms to stabilize its finances. The Troika is the supervisory committee composed of representatives of the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) and...
Cyprus Sees Rescue in Three Weeks
NICOSIA, Cyprus – Cyprus said on Wednesday it hoped to complete the financial aid talks with their counterparts from the EU over the next three weeks, urging his future creditors to be lenient with the country, after the experience with the rescue of Greece. Last June 24, the Mediterranean country became the fifth country...
Sarkozy Returns the Ball to Strauss-Kahn
PARIS - French President Nicolas Sarkozy urged the former head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, to take legal action over allegations that his “political enemies” had shattered during his presidential candidacy. This includes his sexual encounter with a maid in New York. Strauss-Kahn was the favorite of the French Socialist Party to...
