Tag Archives: Greece

Greece, Eurozone Officials Agree To Extend Bailout By 4 Months – 21 February 2015

RT logoAthens and eurozone finance ministers have struck a deal to extend the Greek bailout by another four months with Greece given till Monday to present a list of reform measures they plan to take to ensure they comply with the conditions.

It’s done! For four months,” one of the officials told AFP right after the meeting in Brussels came to an end. An hour later, the Eurogroup issued a statement confirming the deal.

The Greek authorities will present a first list of reform measures, based on the current arrangement, by the end of Monday February 23,” the statement said.

Read the full story at: www.rt.com / link to original article

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Greece, OECD To Carry Out Joint Reforms – Prime Minister – 12 February 2015

RT logoGreece and the OECD are to establish a permanent joint committee to cooperate in implementing reforms in the country, said Greek Prime Minister Alexis Tsipras ahead of an emergency meeting with the EU.

“Today’s meeting can mark the start of a new relationship between the OECD and Greece,” said Tsipras after meeting OECD Secretary-General Jose Angel Gurria on Wednesday.

“Soon I will pay a visit to Paris where I’ll have an opportunity to officially set cooperation and consider concrete steps for its implementation,” he said, adding his government is willing to cooperate but won’t take the lead from outsiders.

Read the full story at: www.rt.com / link to original article

John Ward – No More Fundamentals: Episode 37 Of Save The World, Today’s Little Problems Are China, Australia, Greece, The Euro, France & Spain – 9 February 2015

weatherGold, oil in new low ranges, Blood Pressure in Eurozone up to new heights

There will be no use from now on of the F-word at The Slog. I’m referring of course to F for Fundamentals, which will now by dropped from the lexicon here, and replaced with the C word – Counterintuitive. Also featured will be the O phrase, short for OhmyGod we’re contradicting each other – quick, distract them with something else. Continue reading

John Ward – Greece, The Euro & Count Dragula : The Game Of Up Is Down And Vladivostok Is Delhi Continues – 28 January 2015

unrealHere are two things to make intelligent, commonsense investors think:

1. Why has the euro stayed at 1.34 to the Pound, despite all the “disturbing” news from Greece?

2. Why has the euro gone UP from 1.12 to the $ to 1.14 despite all the “disturbing” news from Greece? Continue reading

Mish/Mike Shedlock – Prisoner’s Dilemma Game In Greece; Contagion-Spread Eurozone Breakup More Likely Now; How Will Greece NOT Pay Back €320 Billion? – 10 December 2013

MishMikeShedlockThis happened because demand for foreign goods collapsed in the wake of 27.3% overall unemployment and a shockingly high 57.9% youth unemployment.

The Coming Greek Default

In spite of a current account surplus, Greece’s overall debt load is unsustainable.

Here are a couple of key details: Greece has €320 billion in sovereign debt. Greece’s debt-to-GDP ratio is 174%. Continue reading

Earthquake In Greece: A 6.4 Magnitude Quake Shakes Crete – 14 October 2013

earthquake-crete-greece-mediterranean-israel-truth-frequency-radio-chris-geo-sheree-geo-alternative-media-news-informationReposted on Truth Frequency Radio
Oct 13, 2013

The US Geological Survey recorded a 6.4 magnitude earthquake Saturday off the coast of Crete.
USGS

Christian Science Monitor

Earthquake in Greece: A major quake shook Greece but caused little damage and no serious injuries were reported. The magnitude 6.4 earthquake Saturday was centered off the coast of the island of Crete.

Read the whole story at: www.truthfrequencyradio.com / link to original article

John Ward – Greece’s Future : Are You Buying Or Selling? – DB Bigs Up Greek Gas Reserves As Citicorp Predicts 2013 Grexit – 5 December 2012

greek-flagDeutsche Bank has just issued a report saying Greece should earn €214bn from Natural Gas by 2020, based on the reserves hidden in the Mediterranean Basin south of Crete. But Citicorp says the Greeks will leave the eurozone long before that. Continue reading