restructure Archives - Keep Talking Greece

Greece establishes new Emergency Response Service to deal with natural disasters

August 9, 2018 Greece, Politics Comments Off on Greece establishes new Emergency Response Service to deal with natural disasters

The General Secretariat for Greece’s Civil Protection is abolished and replaced by a new agency, the National Emergency Response Service. The radical change comes 18 days after the deadly wildfires in Athens with 93 people dead during which is Civil Protection was practically absent. The new public service will be …

“Red Loans” for Sale: Gov’t bill opens way for Distress Funds; political parties protected

December 14, 2015 Economy 4

And now the end is near…. and so they face the final curtain. My friend, I’ll say it clear, they’ll state their case, of which they’re certain. They’ve lived a life that’s full, they’ve traveled each and every highway; And more, much more than this, they did it their way…. …

Varoufakis tells Dijsselbloem: “Greek gov’t will not negotiate with Troika”

January 30, 2015 Economy 15

I don’t know what the two finance ministers said behind closed doors, but the press conference run wild. Yanis Varoufakis was very clear: “Greek government will not negotiate with the Troika, only with official parters” he said during a joint press conference with the head of Eurogroup Jeroen Dijsselbloem in …

Last minute rescue: painful Cyprus deal, bankruptcy averted, depositors cry

March 25, 2013 Economy Comments Off on Last minute rescue: painful Cyprus deal, bankruptcy averted, depositors cry

Hours of tough negotiations between Cyprus and international lenders ended in a deal at 2 a.m. on Monday morning. President Nicos Anastasiades and the head of European Union, European central Bank and International Monetary Fund agreed to a hefty haircut for deposits above 100,000 euro at Bank of Cyprus and …

S&P: 1-in-3 Boring Chances for Greece’s Boring Debt Restructuring – YAWN!

April 13, 2011 Economy Comments Off on S&P: 1-in-3 Boring Chances for Greece’s Boring Debt Restructuring – YAWN!

The whole issue of Greece’s Debt Restructureis getting incredible boring. Day in, day out there is also somebody somewhere saying something on the issue with one single purpose: to let spreads go up and down and make money. As my stakes portofolio is modest and I don’t participate in such speculative actions, …

Prof. Rogoff: Greece Debt Restructure Inescapable

March 3, 2011 Economy Comments Off on Prof. Rogoff: Greece Debt Restructure Inescapable

I have been trying for quite some time to find out why I smoke more in the morning than the rest of the day. Now, I think, I know. Because of the crap and self-repeating news I read in the morning… In fact, I’m fed up with the pressure some …

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