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By Marlene Y. Satter, AdvisorOne |
May 16, 2012
The newly elected French president, Francois Hollande, met with Chancellor Angela Merkel of Germany to discuss the possibility of growth measures as they sought a way out of the Greek debt debacle.
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By Marlene Y. Satter, AdvisorOne |
May 8, 2012
Successful votes against austerity from Greece to France have pushed officials to consider other ways to cope with the debt crisis in the euro zone.
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By Marlene Y. Satter |
February 16, 2012
Finance ministers doubt that Greece will keep its promises of austerity once elections are held, and are considering how to withhold funds without triggering a complete default.
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By Marlene Y. Satter, AdvisorOne |
February 8, 2012
Greece missed yet another deadline on Tuesday, with Prime Minister Lucas Papademos scheduled to meet with party leaders on Wednesday in yet another effort to put the seal on an agreement necessary to secure another bailout package.
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By Marlene Y. Satter |
February 6, 2012
Greece has already missed its Monday deadline to come up with a deal to satisfy the conditions for its second bailout, according to the European Union, and has failed to make the decisions that would finish the deal.
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By Marlene Y. Satter |
November 21, 2011
The European Commission ordered Monday that Greece’s new leaders must put in writing their pledge to honor new austerity measures before Athens is given its sixth installment of aid.
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By Marlene Y. Satter |
November 4, 2011
Greece's drama on the international stage continued on Friday as a confidence vote, scheduled for later in the day, could end its prime minister's career whatever its outcome. Sources in Athens said that George Papandreou, acknowledging that his call earlier in the week for a referendum on the country's newest...
