Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
BRUSSELS—A confidential document debated by eurozone finance ministers detailed for the first time what Greece’s creditors could do to ease the country’s debt load and how that burden would develop over the coming decades without new relief measures. The document, which was reviewed by The Wall Street Journal, served as the basis of Monday’s emergency…
Germany eased its objections to debt relief talks for Greece on Monday as eurozone finance ministers sought to narrow their significant differences with the International Monetary Fund over Athens’ €86bn bailout. With Greece facing €3.5bn in debt payments in July that it will be unable to meet without support, eurozone ministers said they were ready for…
Greek farmers wielding shepherds’ staffs have clashed with riot police in central Athens as thousands headed to the Greek capital for a two-day protest against the government’s plans to impose new tax rises and pension system reforms. [if IE 9]>< ![endif][if IE 9]>< ![endif] Farmers from Crete clash with police during a protest against planned...
When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this…
BRUSSELSThe euro zone will release the next tranche of loans for Greece as well as money for bank recapitalization only after Athens implements agreed reforms, euro zone finance ministers said, noting a Greek pledge the conditions would be met this week. A European Central Bank Stress test showed at the end of October that…
Having disappeared from the daily headline news, Greece – whose political sovereignty may or may not exist any more, following the farcical development from this summer’s “referendum” and the subsequent third bailout – was supposed to be fixed, if only for the time being, and its economy and society back on a normally functioning track….
Greece’s top supreme court judge Vassiliki Thanou was named the head of a caretaker government to lead the country to elections, which are expected next month. Related: Greek election confusion raises fresh fears over ability to pay debts After a final effort to get political party leaders to form a coalition failed, the office of…
On a visit to Greece, we talk to a guy who found an ingenious place to hoard his cash, a government-protected milk peddler, and a would-be olive oil tycoon. Music: Jahzzar’s “Fireworks” and Bad Bad Hat’s “Fight Song.” Find us:Twitter/ Facebook/ Spotify/ Tumblr. Episode 639: Where To Hide €50,000, And Other Stories From Greece :…
Two days after an agreement paving the way for a new support programme for Greece, the European Commission revealed plans today to help Greece maximise its use of EU funds. As mandated by the Euro Summit on 12/13 July, this will help mobilise more than €35 billion up to 2020 to support the Greek economy,…
Protesters clashed with the police in Athens as Greece’s prime minister, Alexis Tsipras, considered elements of the new bailout deal. By Reuters on Publish Date July 15, 2015. Photo by Emilio Morenatti/Associated Press. Watch in Times Video » Violent Protests in Greece Before Vote ATHENS — Under threat from the nation’s creditors to move quickly…