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Tag Archives: success

Greece can be next euro success story, says EMS chief Regling

Greece is on track to become the next success story of the euro zone debt crisis, but fully regaining investors’ trust will require sustained commitment to economic reforms, the head of Europe’s rescue fund said on Tuesday. “Greece’s access to markets remains fragile,” European Stability Mechanism (ESM) head Klaus Regling …

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ECB’s Coeure: Europe’s success in dealing with Greece is Europe’s success in …

“Europe’s success in dealing with Greece is Europe’s success in dealing with itself,” European Central Bank (ECB) Executive Board Member Benoît Cœuré said in Athens on Monday, while failure to support Greece will also be a failure to support itself. He noted that Greece had made a lot of progress …

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EU FMs agree by consensus to extend Russia’s sanctions for six months

EU countries have agreed by consensus to extend Russia sanctions for six months, expand their blacklist, and prepare further economic sanctions if need be, Euobesrver and several Greek media report.The sancton were ending in March, with the extnesion they will be valid until next September. Greece had earlier voiced reservations, …

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Traders queue for Greek bonds: €3 billion at 4.95% yield

Greece raised 3 billion euro at 4.95% yield from the 5-year bond, Greek media report on Thursday,  short after the sale was concluded. “The success is beyond expectation” media comment noting that the bids submitted by 550 traders were over 20 billion euro. The deals book closed at 11:30 a.m. …

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Greek FinMin quotes Lenin: ‘useful idiots’ those who do not want Greece to succeed

Would you dare believe that a Finance Minister who applies neo-liberal IMF policies would cite a phrase attributed to Russian communist revolutionary Vladimir Lenin? Oh yes! In this surreal country called “Greece” everything is possible. Even that. Apparently because the ‘modern neo-liberals’ used to be ‘leftist’ or ‘communists’ when they …

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