Greek Finance Minister Euclid Tsakalotos. Getty Images by Jan Strupczewski and Renee Maltezou Euro zone finance ministers have offered to grant Greece debt relief by giving it longer grace periods and bond maturities from 2018 if the country delivers by then on all reforms agreed under its latest bailout. The offer, to be worked out…
The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called “a tombstone for growth”. The preliminary talks, which are likely to focus on ideas to cap Greek…
BRUSSELS/ATHENS The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called “a tombstone for growth”. The preliminary talks, which are likely to focus on ideas to cap…
German Economy Minister Sigmar Gabriel presents the spring economic outlook at a news conference in Berlin, Germany, April 20, 2016. Reuters/Hannibal Hanschke German Vice Chancellor Sigmar Gabriel said on Monday euro zone finance ministers should start talks on debt relief for Greece, warning that further austerity measures would crush the green shoots of its recent…
BERLIN (Reuters) – German Vice Chancellor Sigmar Gabriel said on Monday euro zone finance ministers should start talks on debt relief for Greece, warning that further austerity measures would crush the green shoots of its recent economic recovery. “We must help the country to reduce its debt burden,” Gabriel said in a speech in Berlin,…
German Vice Chancellor Sigmar Gabriel urged euro zone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further austerity measures. The finance ministers of the euro zones 19 countries are due to meet in Brussels on May 9 to discuss…
Q. I have a daughter who lives in another state, and she is having financial problems. I suggested that she contact a credit counseling agency in her area to see if she could get some help. She did contact someone, but the organization wanted her to sign a cease and desist order and some other…
German Vice Chancellor Sigmar Gabriel urged eurozone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further austerity measures. The finance ministers of the eurozone’s 19 countries are due to meet in Brussels on May 9 to discuss Greece’s debt…
May 7, 2016 1:23 p.m. ET FRANKFURTGerman Vice Chancellor Sigmar Gabriel said that Greeces debt burden needed to be reduced, signaling a clash inside the German government as key decisions loom for Athens creditors. Mr. Gabriel, who heads the left-of-center Social Democrats, a junior partner in Chancellor Angela Merkels coalition government, said in comments published…
German Economy Minister Sigmar Gabriel presents the spring economic outlook at a news conference in Berlin, Germany, April 20, 2016. Reuters/Hannibal Hanschke German Vice Chancellor Sigmar Gabriel urged euro zone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further…