Greek banks to reopen Monday

Greek banks to reopen Monday

(VOVworld) – Banks in Greece, which have been closed since June 29, will reopen Monday and allow depositors to withdraw 60 euros per day, said Greece's Deputy Finance Minister Dimitris...
No deal reached yet on Greece bailout plan

No deal reached yet on Greece bailout plan

(VOVworld) - Eurozone finance ministers will meet again on Sunday in Brussels after failing to agree on Saturday whether to meet Greece's request for a third bailout worth 53.5...
Greece to run out of money in a few weeks

Greece to run out of money in a few weeks

(VOvworld) - Greek Finance Minister Yanis Varoufakis warned on Monday that Greece could face a cash crunch within two weeks, and was in urgent need of the last tranche of rescue...
EU sets date for Greece's list of reforms

EU sets date for Greece's list of reforms

(VOVworld) - The European Union has given Greece up to April 20 to present a list of reforms which, if found acceptable, would unlock the final tranche of aid funds promised...
Greek election result: Good or bad news?

Greek election result: Good or bad news?

(VOVworld)-Alexis Tsipras, leader of Greece’s Syriza anti-austerity party, was sworn in as Prime Minister after his party won the early Parliamentary election on January 25th. This was the...
Eurozone aproves 1 billion euro rescue loan for Greece

Eurozone aproves 1 billion euro rescue loan for Greece

(VOVworld) - The euro zone will send Greece 1 billion euros this week as part of its international bailout program. Financial ministers of eurozone countries made the decision at a Tuesday meeting in Brussels after months of...
IMF and EU clash over Greek debt

IMF and EU clash over Greek debt

The International Monetary Fund (IMF) and the European Union (EU) are undecided over the main target of the rescue plan for debt ridden Greece
Eurozone approves a second bailout for Greece

Eurozone approves a second bailout for Greece

(VOVworld) – Eurozone finance ministers have agreed a second bailout for Greece to help the country slash its debt to 120.5 percent of gross domestic product. Chairman of the eurozone...