Tag Archives: Greece economy

Global Market and Economic Update

Economy Germany’s parliament approved an extension of Greece’s bailout today after Finance Minister Wolfgang Schaeuble spoke in favor of the deal, telling parliament: “We Germans should do everything possible to keep Europe together as much as we can.” The Bundestag vote was the only major parliamentary hurdle for the four-month extension to the bailout program, as other EU countries are […]

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Global Economic and Market Udates: Greece has now Started Negotiations with the IMF

Economy Greece has now started negotiations with the IMF over a plan to exchange its sovereign debt for growth-linked bonds, as new PM Alexis Tsipras and Finance Minister Yanis Varoufakis continue a European tour to drum up support for their proposal. “We will start the entire repayment once solid growth starts in Greece,” Varoufakis told Italian newspaper La Repubblica. The […]

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