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Congress Bailouts

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  • ATHENS, Aug 31- The appointment of Greek bailout negotiator George Chouliarakis to be finance minister in a caretaker government may help assuage some fears that Greece's bailout programme could go off track while it prepares for elections. Greece is due to hold elections on Sept.20 after former prime minister Alexis Tsipras resigned in a bid to win popular...

  • LISBON, Portugal— Economic news is continuing to give heart to Portugal's center-right government as it aims for re-election in October. The government is telling voters the country is back on track after a 78 billion euro bailout in 2011 brought three years of recession amid deep spending cuts. The National Statistics Institute reported Monday that the...

  • ATHENS, Aug 30- The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece's creditors on unresolved aspects of the nation's bailout but implement unpopular reforms it has already agreed, it said on Sunday. As opinion polls showed Syriza's lead eroding, its campaign programme reflected unease about the 86 billion euros rescue...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a fresh mandate to complete the country's political transformation, as polls showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion-euro bailout package from Greece's...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a mandate to complete the country's political transformation, as a poll showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion euro bailout package from Greece's euro zone...

  • Greek election could result in new, big coalition govt Saturday, 29 Aug 2015 | 2:24 AM ET

    ATHENS, Greece— Greece's outgoing prime minister, Alexis Tsipras, is banking on his popularity to win a national election next month and strengthen his grip on power after purging his radical left Syriza party of dissenters. Tsipras called the election last week to rid his party of rebels who had refused to back the bailout deal he agreed upon with Greece's...

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • ATHENS, Greece— Greece's first female prime minister, a top judge, was sworn in Thursday to head a caretaker government ahead of early elections next month in the bailout-dependent country. Supreme Court head Vassiliki Thanou, 65, was appointed after radical left Prime Minister Alexis Tsipras resigned, seeking a stronger mandate to implement tough austerity...

  • ATHENS, Greece— The Greek government says it's still aiming for a Sept. 20 election date after the prime minister resigned because of a rebellion in his party over the terms of the country's new bailout deal. Government spokeswoman Olga Gerovassili told Greek state TV ERT on Sunday that "as things stand now, Sept. 20 is a feasible election date."

  • Now Europe pins hopes on Greek PM Tsipras Saturday, 22 Aug 2015 | 5:55 AM ET
    Greek Prime Minister Alexis Tsipras leaves his office at Maximos Mansion in Athens, Greece, August 20, 2015.

    Europe spent months trying to crush Greece’ s leftist prime minister Alexis Tsipras - but now finds itself invested in his success.

  • ATHENS, Aug 21- Rebels angered by Greece's international bailout walked out of the leftist Syriza party on Friday, formalising a widely-expected split after leader Alexis Tsipras resigned as prime minister to pave the way for early elections. Greece's president gave the conservative opposition a chance to form a new government, but the effort is almost...

  • ATHENS, Aug 21- Rebels opposed to Greece's international bailout walked out of the leftist Syriza party on Friday, formalising a split after its leader Alexis Tsipras resigned as prime minister and paved the way for early elections. Greece's president gave the conservative opposition a chance to form a new government following Tsipras's resignation on...

  • HELSINKI/ VIENNA, Aug 21- European policymakers saw Greek Prime Minister Alexis Tsipras' resignation and election call as a gambit to consolidate support for Athens' new bailout, but the move unnerved some investors who worried on Friday that reforms could be delayed. Thomas Wieser, the head of the Euro Working Group which prepares decisions for meetings of euro...

  • *Euro zone warns Greece to stick to bailout promises. ATHENS, Aug 21- Greece's president formally gave the conservative opposition a chance on Friday to form a new government after leftist Prime Minister Alexis Tsipras resigned, but the country appears almost certain to be heading to an election next month. Outgoing Deputy Finance Minister Tryfon Alexiadis...

  • VIENNA, Aug 21- A senior European Union official said on Friday that a snap election called by Greek Prime Minister Alexis Tsipras within hours of new EU bailout cash arriving in Athens would have no effect on the financial aid package. When asked whether the election would change the numbers of the bailout deal, Thomas Wieser, the head of the Euro Working Group...

  • NEW YORK, Aug 20- A former president of a failed New York bank was sentenced to 2-1/ 2 years in prison on Thursday after becoming the first person to be convicted for trying to defraud the U.S. government bailout program established during the financial crisis. Charles Antonucci, Park Avenue Bank's former president, was ordered to serve prison time by U.S.

  • ATHENS, Aug 20- Prime Minister Alexis Tsipras resigned on Thursday, hoping to strengthen his hold on power in snap elections after seven months in office in which he fought Greece's creditors for a better bailout deal but had to cave in. Government officials said the aim was to hold the election on Sept. 20, with Tsipras seeking to quell a rebellion in his leftist...

  • *Greece repays ECB debt with new bailout money. ATHENS, Aug 20- Greek Prime Minister Alexis Tsipras will resign on Thursday to pave the way for early elections on Sept. 20, government officials said, hoping to quell a rebellion in his leftist Syriza party and seal support for a bailout programme. Tsipras's decision to return to the ballot box after seven bruising...

  • *Greece repays ECB debt with new bailout money. ATHENS, Aug 20- Greek Prime Minister Alexis Tsipras is set to seek early elections, state television said on Thursday, hoping to quell a rebellion in his leftist Syriza party and seal support to implement a tough bailout program. Tsipras- who remains popular in Greece and would be widely expected to return to power if...

  • *Greece repays ECB debt with new bailout money. Tsipras- who remains popular in Greece and would be widely expected to return to power if elections were held now- was huddling with senior advisers on Thursday afternoon to decide his next move, a government official said. Tsipras had been expected to call snap polls at some point in the autumn after a bruising seven...