Tag: Greece Bailout

Greece

Greece Pleads for Debt Relief From Eurozone and Germany

BRUSSELS (AFP) – Under pressure from the IMF, eurozone finance ministers will consider major debt relief and fresh aid for Greece on Monday despite the deep reservations of bailout-weary Germany. Ministers from the 19-member single currency bloc must confront the

eu membership

Greece Calls on Germany to Ease Budget Demands

ATHENS, Greece (AP) — Greece’s government has called on Germany to drop what it described as “irrational” budget demands in the country’s bailout program, a day after Greece and its European creditors agreed to resume talks on new reforms.

AP Photo

Moody’s Keeps Junk Rating For Greece Debt

Moody’s has maintained its deep junk “Caa3” credit rating for Greek government debt, but has upgraded its outlook following recent political breakthroughs. “Moody’s Investors Service has today confirmed Greece’s government bond rating at Caa3 and changed the outlook to stable,”

Will Britain Face The Same EU Dilemma As Greece?

Early this morning Greek MPs voted in favour of a second set of EU imposed austerity measures which will enable an €86 billion (£59 billion) European Union bailout. The reforms include an overhaul of the judiciary system and changes to

EXCLUSIVE: Carson to Black Church Leaders: Obama’s ‘Entitlement Mentality’ ‘Destructive’ To Black Community

“What we need to be emphasizing … especially in the black community … we need to teach people to turn their dollars over on their own community,” Carson suggested. “Churches are places of great potential healing and insight in our society … there is such a thing as God’s word,” he said explaining he believes the church can teach America what is right and what is wrong.

The EU Is Dead: It Just Refuses to Lie Down

Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the