Bloomberg
Economy
Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal
Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...
Greece
Official Document Part of the Referendum Question Mistranslated
Through an article entitled “Key Greek Referendum Debt Document Mistranslated” Bloomberg points out an important mistake that was made in the Greek translation of one of the two documents that Greeks are asked to approve or reject through the...
Economy
What Will Happen If Greece Does Not Reach an Agreement?
In an attempt to assess the future of Greece in case no agreement is reached before June 30, Bloomberg answered five critical questions.
If the Greek side and the country’s creditors are not able to reach an agreement over the...
Economy
Foreign Media Reports on the End of Negotiations
The negotiations between Greece and its creditors came to an abrupt end on Sunday, June 14, so Greece is now entering a critical and decisive week.
According to Bloomberg after a 45-minute meeting in Brussels, the differences that still separate...
Business
Bloomberg: 'Greeks Depart On Odyssey For Jobs'
The relocation of human capital has "bleeding" dimensions for Greece, a country that is steadily losing its "creme de la creme", journalists Flavia Krause-Jackson and Jordan Yadoo refer in their article entitled "Greece Is Hemorrhaging Its Most Talented Workers" recently published in...
Economy
Austerity Themed Street Art in Athens
Through an extensive photographic article, entitled “Athens: A Canvas for Austerity-Themed Street Art,” the news agency Bloomberg presented several works of art found in the streets of the Greek capital that were inspired by the economic crisis.
The article noted...
Economy
7-Billion-Euro Deposits Outflow from Greek Banks
Deposits outflow from Greek banks continued in April, reaching a total of 7 billion euros, according to Bloomberg. However, the European Central Bank (ECB) increased its emergency liquidity assistance (ELA) in order to support the Greek banks.
“The ECB’s Governing Council opted...
Economy
Greece’s Creditors Request 3-Billion-Euro Budget Cuts
There have been major developments in the negotiations between Greece and its creditors so that the two parties can reach an agreement as soon as possible, reported Bloomberg.
According to the international agency, which cites information from a European official,...
Economy
Greece and European Partners Target Deal by Early Next Week
Greece and its euro-area partners are stepping up talks in a bid to break an impasse over bailout aid as early as next week, even if the country’s government sent conflicting signals over its willingness to agree on long-stalled reforms,...
Economy
ECB Alternatives on Greece Issue
The European Central Bank has three alternatives on how to deal with the Greek issue, according to a Bloomberg analysis.
The author of the report, Mohamed El-Erian, says that the ECB will be under pressure to play the important role...