Showing posts with label Greek Exit. Show all posts
Showing posts with label Greek Exit. Show all posts

Monday, March 9, 2015

Eurogroup's Dijsselbloem: Greece reform outline 'far from complete'

AMSTERDAM Mon Mar 9, 2015 4:22am EDT

(Reuters) - A list of reforms proposed by Greece last week to help it win creditor support is "far from complete," the head of the Eurogroup said.

Speaking at an event in Amsterdam on Sunday, Jeroen Dijsselbloem, who is also Dutch finance minister, said the Greek proposal was "serious" but not enough.

Wednesday, August 29, 2012

German lawmakers say "Grexit" not just economic risk

By Matthias Sobolewski
BERLIN | Mon Aug 27, 2012 1:01pm EDT
(Reuters) - Germany's raucous internal debate on whether to keep Greece in the euro zone is too narrowly focused on financial factors and should also weigh up the wider geopolitical risks of a "Grexit", senior officials in Chancellor Angela Merkel's party say.

Europe drawn back to its first problem: Greece

(Reuters) - The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on, Europe must decide whether to give the country yet more help or cut it loose.

Wednesday, June 13, 2012

What if Greece exits the euro zone

By Hartmut Issel JUNE 5, 2012
While the idea of a Greek exit from the euro zone has long been rejected by politicians and deemed nothing more than a “tail risk” by most investors, there has been a clear shift in opinion after the Greek election in early May failed to form a new government. The repeat election on June 17 is therefore critical to the country’s future in the euro zone and to financial markets worldwide.

Wednesday, June 6, 2012

Greek Euro-Exit Moonscape Result May Threaten Drachma Choice

By Jonathan Stearns and Elisa Martinuzzi - Jun 6, 2012 12:00 AM GMT+0300

Friday, June 1, 2012

U.S. shuttle diplomacy seeks to pull Europe back from brink

She told Greek parties running in fresh elections on June 17 that Greece faces no choice but to make the difficult economic reforms laid out in its EU/IMF bailout package, or its financing will be cut off…

Thursday, May 31, 2012

UPDATE 3-Top insurer pulls cover for exports to Greece

* Euler Hermes says won't underwrite new Greek business
* Trade insurers await outcome of June 17 Greek election
* Insurers trim coverage for Italy, Spain -broker
By Myles Neligan and Jonathan Gould

Wednesday, May 30, 2012

Why isn’t the euro falling even further?

By Peter Gumbel MAY 29, 2012
If the euro really is on the verge of collapse, as many pundits are now proclaiming, how come it is still so highly valued against other currencies, including the U.S. dollar?

Tuesday, May 29, 2012

Greeks Are Divided on Way Forward

Left-Wing Party Vows to Halt Cuts While Staying in the Euro, but Europe Isn't Bending
The Wall Street Journal

Greece needs to go to the brink

By Hugo Dixon MAY 28, 2012

…Roughly three quarters want to stay with the euro but two thirds don’t want the reform-plus-austerity programme…The next election is unlikely to resolve this inconsistency…
Germany, for one, will not be blackmailed by threats of mutually assured destruction…

Friday, May 25, 2012

Facing a Teetering Greece, Europe Plans for the Worst

...A few months without foreign aid and E.C.B. lending, Mr. Kirkegaard said, would be enough to convince the Greek people that the conditions imposed by foreign lenders would be the lesser evil....
The New York Times

Europe dithers as Greece vote looms

By G Hewitt

Europe is divided and uncertain and the euro - at least initially - has fallen to a 22-month low against the dollar.