Tag: Greek austerity

Greece

Greece Considers Extending EU Austerity to a Decade

ATHENS, Greece (AP) — Lawmakers in Greece started a four-day debate Monday on whether to approve a new package of spending cuts that will extend the number of years Greeks have lived under austerity to more than a decade. Amid

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.

Greece

Repot: Greece Risking ‘Harsh’ New Bailout in 2018

ATHENS, Greece (AP) — An independent Greek parliamentary report has warned that Greece faces an increased risk of a fourth bailout – or even a default – if delays in negotiations with bailout lenders are not overcome in the next few weeks.

eu membership

Eurozone Crisis: Germany Pushes to Punish Bankrupt Greece

BRUSSELS (AFP) – Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.

Bailout

Greek Parliament Approves New Austerity Measures to Unlock Bailout Cash

AFP – Greek lawmakers on Sunday adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page bill

Milos Bicanski/Getty Images)

Greece Passes ‘Tough’ 2016 Austerity Budget

Greek lawmakers approved a “tough” 2016 budget early Sunday, forecasting near zero growth for 2015 and a small contraction next year for the debt-ridden country in its sixth year of austerity. The coalition government, which enjoys a narrow majority, managed