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greece debt, greek austerity package
(Image from article: "Greece to miss deficit targets despite austerity")

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Greek Austerity Packag... Topics

Greek reshuffle, Berlin-Paris deal ease euro fears

Greek reshuffle, Berlin-Paris deal ease euro fears

Greek Prime Minister George Papandreou sacrificed his finance minister on Friday and put his main socialist party rival into the job in a bid to force through an unpopular austerity plan and avert bankruptcy.

 

Greek PM vows to stay, lead exit from debit crisis

Prime Minister George Papandreou has vowed to stay on and fight to pull his country out of a crippling debt crisis, facing down a revolt in his Socialist party over new but widely unpopular austerity measures....

 

Greek PM seeks EU support for tough austerity plan

Greece's cabinet approved a sweeping new austerity program on Wednesday, the third in as many months, intended to rein in a bulging budget deficit and secure European financial support.

 

Greece to Issue Bond Next Week

Greece to Issue Bond Next Week

Greece plans to issue a 10-year bond next week to coincide with the announcement of a new austerity package. Government debt markets remained under heavy pressure.

 

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