2 billion euro Archives - Keep Talking Greece

Creditors approve €2billion disbursement for Greece

November 23, 2015 Economy 1

The borad of directors of the European Stability Mechanism approved the disbursement of 2 billion euro bailout tranche to Greece. In a statement issued Monday afternoon the ESM said that the money will primarily be used for debt service, as well as for arrears clearance, and co-financing projects funded by …

Greece, lenders stuck in disagreement over ‘red loans’, Tsipras speaks with Juncker, Merkel & Hollande

November 8, 2015 Economy 7

Greece’s Prime Minister Alexis Tsipras did not have time to join the Athens Marathon today Sunday. He stayed in his office instead and started calling around: European Commission President Jean-Claude Juncker, French President Francois Hollande, German Chancellor Angela Merkel. Top on the agenda: the release of the 2 billion bailout …

UPD €2 bn bailout tranche at risk and why Greece’s PM Tsipras should not talk with Juncker about it

November 6, 2015 Politics 1

€Deadlock with creditors. The 2-billion euro bailout tranche is a risk. The Euro Working Group that was supposed to meet today and prepare the ground for the tranche release on Monday by the esteemed members of the Eurogroup decided otherwise. The EWG members preferred a long weekend than to deal …

Greek Gov’t under pressure: prior actions vs 2 billion euro bailout tranche

October 29, 2015 Economy 9

Greek government is under immense pressure as money has run out, and the expected 2-billion-euro bailout tranche has not arrived yet. The Eurozone technocrats, the members of the Euro Working Group are supposed to make their first review of the implementation of the bailout programm and decide today whether Greece …

Wealthy debtors don’t pay for electricity, but the “little Greeks” can live in the dark for several months

August 25, 2015 Society 1

An unidentified number of Greeks seem to suffer from heavy deficiency of “collective consciousness“. They absolutely refuse to share common beliefs and moral attitudes which usually operate as a unifying force within a society, especially in times of a crisis, and it is often expressed in form of solidarity. I …

Troika demands Greeks get prescribed chewing gums instead of medicine

September 4, 2013 Economy, Society 7

I was reading in the news today, that technical units of the EU Task Force, the extended hand of the Troika of Greece’s lenders, had a meeting with the political leadership of the Health Ministry. “Emphasis was given on the pharmaceutical expenditure with the country’s lenders to push for further …

IMF: €2 Billion Hole – Greece Faces Bigger Deficit Targets Than Forecast – Spain too

July 17, 2012 Economy 1

International Monetary Fund said on Monday that Greece and Spain are facing bigger deficits than previous forecast. Of course, with such austerity measures and high unemployment, how can one expect Greeks and Spaniards to fill up state pockets? IMF: Spain, Greece Face Bigger Deficits Than Previously Forecast Spain and Greece, …

Tag Archives: 2 billion euro