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Greece Inks Deal With Creditors to Unlock 12 Billion Euros: Minister
Greece has struck a deal with its international creditors to unblock some 12 billion euros in much-needed loans, Finance Minister Euclid Tsakalotos said today after marathon talks.
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Greek PM Wants to Move Fast on Bailout Programme to End Supervision
Greek Prime Minister Alexis Tsipras said today he wants to move fast with the bailout programme so that Greece can cast off the creditors' tutelage and return to the markets.
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Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
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Banks Reopen, Taxes Hiked as Greece Seeks to Reboot Economy
Greek banks reopened today after a shutdown lasting three weeks imposed by the government to avert a crash in the banking system over the country's debt crisis.
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Greek Banks Ready to Open Today as Angela Merkel Urges Swift Bailout Talks
Greek banks are ready to open their branches across the country on Monday after a three-week shutdown, officials said, while German Chancellor Angela Merkel called for swift aid talks so Athens could also lift withdrawal limits.
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Greek Banks to Re-Open Monday, Restrictions Remain: Government
Greek banks will re-open on Monday with slightly relaxed withdrawal limits but bans on foreign transfers and other capital controls remain in place, according to a government decree published on Saturday.
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Australian Heads to Greece to Help Crying Pensioner in Photo
An Australian touched by an image of a pensioner sobbing outside a Greek bank said today he was flying over to Europe to support the man financially after discovering he was a family friend.
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Greece Defies Europe With Overwhelming 'No' in Referendum
Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro.
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Greek Banks Shut Until July 6, ATM Withdrawal Limit 60 Euros a Day: Government
Greek banks will remain closed until July 6 - the day after a referendum on bailout proposals - and ATM withdrawals will be limited to 60 euros ($65) a day in the same period, according to an official decree published early Monday.
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European Central Bank Stops Banks Using Greek Debt as Loan Collateral
The European Central Bank (ECB) on Wednesday announced it would no longer allow Greek banks to use government debt as collateral for loans, depriving the banks of a key source of much-needed cash.
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Greece Inks Deal With Creditors to Unlock 12 Billion Euros: Minister
Greece has struck a deal with its international creditors to unblock some 12 billion euros in much-needed loans, Finance Minister Euclid Tsakalotos said today after marathon talks.
-
Greek PM Wants to Move Fast on Bailout Programme to End Supervision
Greek Prime Minister Alexis Tsipras said today he wants to move fast with the bailout programme so that Greece can cast off the creditors' tutelage and return to the markets.
-
Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
-
Banks Reopen, Taxes Hiked as Greece Seeks to Reboot Economy
Greek banks reopened today after a shutdown lasting three weeks imposed by the government to avert a crash in the banking system over the country's debt crisis.
-
Greek Banks Ready to Open Today as Angela Merkel Urges Swift Bailout Talks
Greek banks are ready to open their branches across the country on Monday after a three-week shutdown, officials said, while German Chancellor Angela Merkel called for swift aid talks so Athens could also lift withdrawal limits.
-
Greek Banks to Re-Open Monday, Restrictions Remain: Government
Greek banks will re-open on Monday with slightly relaxed withdrawal limits but bans on foreign transfers and other capital controls remain in place, according to a government decree published on Saturday.
-
Australian Heads to Greece to Help Crying Pensioner in Photo
An Australian touched by an image of a pensioner sobbing outside a Greek bank said today he was flying over to Europe to support the man financially after discovering he was a family friend.
-
Greece Defies Europe With Overwhelming 'No' in Referendum
Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro.
-
Greek Banks Shut Until July 6, ATM Withdrawal Limit 60 Euros a Day: Government
Greek banks will remain closed until July 6 - the day after a referendum on bailout proposals - and ATM withdrawals will be limited to 60 euros ($65) a day in the same period, according to an official decree published early Monday.
-
European Central Bank Stops Banks Using Greek Debt as Loan Collateral
The European Central Bank (ECB) on Wednesday announced it would no longer allow Greek banks to use government debt as collateral for loans, depriving the banks of a key source of much-needed cash.
