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Economic Regions PIIGS

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  • LONDON, Aug 17- Spanish, Italian and Portuguese bond yields fell on Monday, with lower-rated euro zone assets buoyed by a third bailout deal for Greece and a relatively stable Chinese yuan. Euro zone finance ministers agreed to lend Greece up to 86 billion euros after Greek lawmakers accepted their tough conditions despite a revolt by some members of the party of...

  • ATHENS, Aug 17- The Greek government appears likely to call a confidence vote, following a rebellion among lawmakers from the ruling Syriza party over the country's new bailout deal, senior ministers said on Monday. Greece's political turmoil has raised uncertainty over how the government will implement the bailout deal, which demands profound economic...

  • ATHENS, Aug 17- A Greek minister gave on Monday the strongest indication yet that the government will call a confidence vote following a rebellion among lawmakers from the ruling Syriza party over the country's new bailout deal. Greece's political turmoil has raised uncertainty over how the government might implement the bailout deal, which demands...

  • BERLIN, Aug 15- In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro bailout for Greece on Wednesday despite uncertainty over whether the IMF will play a role in the rescue. Kauder, who incensed fellow lawmakers last week with threats of retaliation if they rebelled and voted against a bailout,...

  • BRUSSELS/ ATHENS, Aug 14- Finance ministers from the euro zone gave their final blessing to lending Greece up to 86 billion euros after the parliament in Athens agreed to stiff conditions overnight. Some issues still need to be ironed out following a deal struck with Greece on Tuesday by the European Commission, European Central Bank and International Monetary...

  • BRUSSELS, Aug 14- Euro zone finance ministers agreed on Friday to launch a third bailout programme for Greece, Belgian Finance Minister Johan van Overtveldt told Reuters after a meeting of the Eurogroup in Brussels. Van Overtfeldt said they had agreed to a Memorandum of Understanding drafted by institutional negotiators on Tuesday, "with some additional...

  • BRUSSELS/ ATHENS, Aug 14- Finance ministers from the euro zone were meeting in Brussels on Friday expecting to give their final blessing to lending Greece up to 85.5 billion euros after the parliament in Athens agreed to stiff conditions overnight. German Finance Minister Wolfgang Schaeuble, long the most powerful sceptic over the merits of giving Greece a...

  • BRUSSELS, Aug 14- Finance ministers from the euro zone were meeting in Brussels on Friday expecting to give their final blessing to lending Greece up to 85.5 billion euros after parliament in Athens agreed to stiff conditions overnight. German Finance Minister Wolfgang Schaeuble, long the most powerful sceptic on the merits of giving Greece a third bailout to...

  • LONDON, Aug 14- Peripheral euro zone yields fell on Friday after Greece voted in favor of a new bailout deal and weak euro zone growth data was seen keeping pressure on the European Central Bank to inject more stimulus into the economy. The deal must still be approved by euro zone finance ministers on Friday and other national parliaments, but even if Athens does...

  • ATHENS, Aug 14- Greek Prime Minister Alexis Tsipras faced the widest rebellion yet from his leftist lawmakers as parliament approved a new bailout programme on Friday, forcing him to consider a confidence vote that could pave the way for early elections. That clears the way for euro zone finance ministers to approve the first batch of aid from the 85-...

  • ATHENS, Aug 14- Greek Prime Minister Alexis Tsipras confronted a widening rebellion within his leftist Syriza party as parliament voted to approve the country's third financial rescue by foreign creditors in five years. Euro zone finance ministers are expected to approve the vital aid for Athens later on Friday. Tsipras will call a confidence vote in...

  • ATHENS, Aug 13- Greek lawmakers bickered through the night over a new bailout deal to keep the country afloat, only hours before euro zone finance ministers are due to decide on Friday whether to approve the vital aid for Athens. With the ruling Syriza party apparently heading for a split over the 85 billion euro programme, parliament finally began debating...

  • BERLIN, Aug 14- Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for the meeting. Euro zone finance ministers are due to meet in Brussels on Friday to discuss a third...

  • ATHENS, Aug 13- Greece's ruling Syriza party edged towards a formal split on Thursday, hours before rebel leftist lawmakers plan to vote against a new bailout deal to keep the country afloat. With opposition support, the government is asking parliament to approve a 85 billion euro bailout deal that Greece needs to avoid defaulting on a debt repayment next week.

  • DUBLIN, Aug 13- A housing shortage and the possibility of Britain leaving the European Union are among the key economic and social risks to Ireland's economic recovery, a government report said on Thursday. On Britain's planned EU membership referendum, the report said a fundamental change to the role of the United Kingdom in the EU, or a period of continuing...

  • ATHENS, Aug 13- Greece's ruling Syriza party edged towards a formal split on Thursday, hours before rebel leftist lawmakers have promised to vote against a new bailout deal to keep the country afloat. With opposition support, the government is asking parliament to approve a 85 billion euro bailout deal that Greece needs to avoid defaulting on a debt repayment...

  • ATHENS, Aug 13- The Greek government criticised rebels within its ranks intent on opposing a new bailout deal in Thursday night's parliamentary vote, saying a government without a majority "cannot go far" and raising the possibility of early elections. With opposition support, parliament is preparing to approve the 85 billion euro bailout deal that Greece...

  • By George Georgiopoulos and David Stamp. With opposition support, parliament is preparing to approve the 85 billion euro bailout deal that Greece needs to avoid defaulting on a debt repayment next week. The agreement is expected to easily pass since opposition parties have promised to support Prime Minister Alexis Tsipras to ensure Greece does not return to...

  • BERLIN, Aug 12- Germany's Finance Ministry said on Wednesday it had raised questions about a memorandum of understanding agreed between Greece and its international lenders but that Berlin was not rejecting the bailout plan for Athens. These are part of the examination process, which is not yet finished, "a ministry spokesman said, adding that the questions...

  • ATHENS, Aug 12- Greek Prime Minister Alexis Tsipras on Wednesday said a multi-billion euro bailout deal clinched with international lenders would end economic uncertainty in the country, though he said some were trying to obstruct a deal. "Despite the obstacles that some are trying to put into our path, I'm optimistic we will get to an agreement, loan support from...