The Greek parliament approves 15,000 civil service layoffs in return for more EU/IMF bailout money, as hundreds protest in the streets outside. BBC News – Home
Read More...Posts Tagged Greek
Greek banks NBG and Eurobank face state rescue
By admin on Monday, April 8th, 2013 | Comments Off
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Two of Greece's biggest banks risk being nationalised after admitting they were unlikely to raise enough cash from private investors and seeing their merger blocked by the country's international lenders. National Bank bought 84.3 percent of smaller rival Eurobank via a share swap in February, as [...]
Read More...Greek banks NBG, Eurobank face state rescue
By admin on Monday, April 8th, 2013 | Comments Off
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Two of Greece's biggest banks risk being nationalised after admitting they were unlikely to raise enough cash from private investors and seeing their merger blocked by the country's international lenders. National Bank bought 84.3 percent of its smaller rival Eurobank via a share swap in February, [...]
Read More...Greek bank merger halted
By admin on Monday, April 8th, 2013 | Comments Off
Greece’s two largest lenders are headed for state control after their merger was halted by the government over the weekend. MarketWatch – Top Stories
Read More...Trove of Neanderthal Bones Found in Greek Cave
By admin on Tuesday, April 2nd, 2013 | Comments Off
A trove of Neanderthal fossils including bones of children and adults, discovered in a cave in Greece hints the area may have been a key crossroad for ancient humans, researchers say. Livescience.com News Headlines – Yahoo! News
Read More...EU, IMF resisting merger of Greek banks NBG, Eurobank – paper
By admin on Saturday, March 30th, 2013 | Comments Off
ATHENS (Reuters) – Greece's international lenders have asked Athens to halt the merger of National Bank with Eurobank , worried that the resulting lender would be too big for the state to deal with, daily Kathimerini reported on Saturday. The paper said the European Union, European Central Bank and International Monetary Fund troika had raised [...]
Read More...Cash airlift helped avert Greek bank run during debt crisis: paper
By admin on Sunday, March 3rd, 2013 | Comments Off
ATHENS (Reuters) – Greece's central bank had billions of euros of banknotes shipped in from other central banks to avert a bank run during the country's debt crisis as depositors withdrew their money, newspaper To Vima reported on Sunday. Fears the debt-laden country might ditch the euro and return to the drachma led Greeks to [...]
Read More...News Summary: Greek farmers launch daily blockades
By admin on Monday, February 11th, 2013 | Comments Off
TOUGH ROW TO HOE: Greece’s farmers launched a campaign of highway blockades, as the conservative-led government said deep spending cuts were helping the country beat budget targets. Science News
Read More...Ancient Gold Wreath Found In Greek Subway
By admin on Thursday, February 7th, 2013 | Comments Off
An abundance of gold wreaths appear to lay hidden in a subway network in Greece. -> Discovery News
Read More...Privatization Of Greek Assets Runs Behind Schedule
By admin on Thursday, February 7th, 2013 | Comments Off
The sweeping fire sale is a requirement for multibillion-euro bailouts. And the Chinese, Russian and Arab companies lining up to take advantage of the steep discounts are making Greeks and other Europeans nervous. Economy
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