Economic Regions PIIGS

  • The asset move is part of measures demanded by creditors from other eurozone nations as part of Greece's third consecutive international bailout. Creditors argue that Greece's privatization program had been moving too slowly. Greece's left-wing government has fallen behind on implementation deadlines linked to bailout loan payouts— and is clinging to...

  • ATHENS, Greece— The International Monetary Fund on Friday painted a bleak outlook for bailout-dependent Greece, where it said it expects unemployment to stay in the double digits for more than three decades. Greece's economy is under constant scrutiny from its bailout creditors, the IMF and European governments and institutions. They include an energy...

  • LONDON, Sept 22 (Reuters)- European shares climbed to a two-week high on Thursday, boosted by a rally in mining stocks, after the U.S. Fed Chair Janet Yellen said U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fuelling high inflation. "Markets are getting support not only from the inaction of the Fed but also...

  • LISBON, Portugal— The International Monetary Fund is still worried about Portugal, saying in its latest report that the country is struggling with fragile economic growth, low investment, high public and corporate debt, and bad loans that are a burden on banks. The IMF notes that Portugal has accomplished "a major economic turnaround" since it needed a 78...

  • LONDON- Bank of England's Monetary Policy Member Kristin Forbes will discuss why economics shocks can have global reach and the variety of factors involved- 1200 GMT. FRANKFURT- European Central Bank releases its economic bulletin- 0800 GMT. FRANKFURT- European Central Bank publishes the results of its second targeted long-term refinancing operation, a...

  • LONDON- Bank of England's Monetary Policy Member Kristin Forbes will discuss why economics shocks can have global reach and the variety of factors involved- 1200 GMT. FRANKFURT- European Central Bank releases its economic bulletin- 0800 GMT. FRANKFURT- European Central Bank publishes the results of its second targeted long-term refinancing operation, a...

  • PARIS- Bank of England Monetary Policy Committee member Kristin Forbes will be a panelist at the SUERF conference on Rethinking Capital Controls and Capital Flows- 0930 GMT. QUEBEC CITY, Canada- Speech by Bank of Canada Governor Stephen Poloz- 1630 GMT. LONDON- Bank of England Financial Policy Committee meeting SYDNEY- Reserve Bank of Australia to release...

  • PARIS- Bank of England Monetary Policy Committee member Kristin Forbes will be a panelist at the SUERF conference on Rethinking Capital Controls and Capital Flows- 0930 GMT. QUEBEC CITY, Canada- Speech by Bank of Canada Governor Stephen Poloz- 1630 GMT. LONDON- Bank of England Financial Policy Committee meeting SYDNEY- Reserve Bank of Australia to release...

  • ATHENS, Sept 15- Greece will launch a tender for the long-term lease of a major toll road by the end of September, a senior privatization agency official said on Thursday, to unlock the country's next tranche of bailout loans. Along with other reforms, Greece needs to sell rights to the 670 km Egnatia toll road for 35 years to pass a first progress review by the...

  • ATHENS, Greece— Unemployment in bailout-dependent Greece dropped to 23.1 percent between April and June, down from nearly 25 percent in the first quarter but still the worst jobless rate in the European Union. After Greece's public finances fell apart in early 2010 and the country signed the first of three multi-billion euro bailouts, unemployment hit levels...

  • THURSDAY, SEPTEMBER 15 LONDON- Kenya-UK Trade and Investment Forum featuring Central Bank of Kenya Governor Patrick Njoroge, Kenya Finance Minister Henry Rotich and Foreign Minister Amina Mohamed. LONDON- Bank of England interest rate decision- 1100 GMT. BERNE- Swiss National Bank monetary policy assessment- 0630 GMT.

  • THURSDAY, SEPTEMBER 15 LONDON- Kenya-UK Trade and Investment Forum featuring Central Bank of Kenya Governor Patrick Njoroge, Kenya Finance Minister Henry Rotich and Foreign Minister Amina Mohamed. LONDON- Bank of England interest rate decision- 1100 GMT. BERNE- Swiss National Bank monetary policy assessment- 0630 GMT.

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labour minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • *Greece to fight for collective wage agreements in bailout review. ATHENS, Sept 14- Greece will tell its creditors it cannot comply with labor reforms demanded by the International Monetary Fund as a condition of its support for the country's third bailout, its labor minister told Reuters in an interview on Wednesday. Labour Minister George Katrougalos,...

  • ECB governing council member Ewald Nowotny, Central Bank of Iceland Governor Mar Gudmundsson and De Nederlansche Bank President Klaas Knot to speak. LONDON- Bank of Canada Senior Deputy Governor Carolyn Wilkins speaks at OMFIF, with the focus expected to be on the long-term strategy for economic growth and its implications for financial stability- 1015 GMT.

  • MONDAY, SEPTEMBER 12 ATLANTA- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the National Association for Business Economics 58th annual meeting- 1205 GMT. Speakers: Panama Finance Minister Dulcidio de la Guardia, International Monetary Fund Managing Director Christine Lagarde and...