The International Monetary Fund (IMF) would like euro zone countries to extend the grace period on all …
Tag:
Greek debt
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Financial Institutions
IMF’s Lagarde: debt relief for Greece critically important
by Yomna Yasserby Yomna YasserGreece and its lenders have made some progress towards an agreement on reforms, but not enough to …
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Financial Institutions
S&P says Greece no longer vulnerable to default, credit rating upgraded to ‘B-‘
by Yomna Yasserby Yomna YasserMajor credit ratings agency, Standard and Poor’s (S&P) has given Greek debt a vote of confidence – …
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Asian shares rose on Tuesday after Chinese stocks broke a punishing three-day losing streak, but gains were …
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A setback in Greek debt talks pushed U.S. and European shares lower on Friday, along with investor …
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Asian stocks were mostly lower and the euro slipped on Thursday after the European Central Bank said …
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Europe’s banks, sitting on $1.19 trillion of debt to Spain, Portugal, Italy and Ireland, are facing a …
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Greece’s cabinet has approved fresh austerity measures demanded by the eurozone and IMF in return for a …