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  • October 22, 2014
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  1. Property - International - GREECE

    Greek fund aims to raise €400m in sale of state real estate assets

    Posted Oct 15th 2014, 05:09am by Bloomberg

    ... by securitising real estate in a move designed to attract investment to the debt-stricken nation. The Hellenic Republic Asset Development Fund would sell shares in a company with about 300 properties ranging from retail, office and tourism-related real estate, said Andreas Taprantzis, the fund's executive director. The firm will then sell debt backed by the properties. "This ...

  2. News - World - GREECE

    Greece to open debt-relief talks with euro zone creditors

    Posted May 05th 2014, 09:01pm by GDN

    ... The Guardian in Athens Options include extending repayments to as much as 50 years, from 30 Athens to open debt-relief talks with creditors In a step likely to be hailed as further proof of Europe's receding economic crisis, Greece is poised to formally open debt-relief talks with its creditors. Finance Minister, Yannis Stournaras, was due yesterday to raise the once off-limits topic ...

  3. News - World - GREECE

    Greek protest turns violent during general strike

    Posted Sep 26th 2012, 08:50pm by Associated Press in Athens

    ... Without them, Greece would be forced into a chaotic default on its debts and possibly into an exit from the 17-country bloc that uses the euro. The country’s lenders have demanded more fiscal ...

  4. News - World - GREECE

    Greece prepares sale of state assets as economic outlook grows more bleak

    Posted Sep 21st 2012, 12:00am by GDN

    ... largest fire sale of assets An unprecedented clear-out is now under way in Athens after the government announced it will sell anything it can do without- and in this debt-choked nation that means ... The sell-off, which will include buildings in Brussels and Belgrade, Rome and Nicosia, is part of a privatisation campaign that may the most ambitious yet conducted in Europe. With Athens' debt ...

  5. News - World - GREECE

    Greece adopts bill to cut 15,000 civil servant jobs

    Posted Apr 29th 2013, 08:00am by AFP

    ... Agence France-Presse in Athens The Greek parliament voted late on Sunday to adopt a law that provides for the dismissal of 15,000 civil servants as part of austerity measures imposed by the country’s international creditors. After heated debate, 168 deput ...

  6. News - World - GREECE

    Many Greeks outraged over plans to sell architectural gems

    Posted Mar 17th 2014, 09:13pm by GDN

    ... The Guardian in Athens Government moves to unload architectural gems to help pay down debt Outrage over plan to sell 'heritage' Greece's cultural gems have become the focus ... privatisation programme. Furious opponents marched through the city centre at the weekend to denounce the "illegal sale" of the country's heritage. More than four years into debt ...

  7. News - World - GREECE

    Car bomb explodes outside Greek central bank building

    Posted Apr 10th 2014, 07:15pm by Reuters

    ... Monetary Fund from 2010. Athens, which is seeking to send a strong political and economic signal that it is finally exiting its debt crisis, is expected to tap bond markets later on Thursday. ...

  8. News - World - GREECE

    Ex-boss of loans scandal bank to be deported back to Greece

    Posted Jan 12th 2014, 11:29pm by AFP

    ... in 2012 from a restructuring of Greek sovereign debt. Its shares were suspended last summer after a run by shareholders following statements from the finance minister that the bank had become ...

  9. Business - Economy - GREECE

    Euro zone grants multi-billion euro lifeline for Greece

    Posted Jul 08th 2013, 08:44pm by Reuters

    ... it must keep its promises on cutting public sector jobs and other reforms in order to get all the cash. The deal, which spares Greece defaulting on debt that falls due in August, will see Athens ... is split over how to meet the demands of its bailout programme, putting the country centre stage and threatening to reignite the euro zone debt crisis. But a week of talks, culminating in promises ...

  10. News - World - GREECE

    Greek PM Antonis Samaras tells euro partners to pay up on promised loans

    Posted Nov 22nd 2012, 12:00am by Associated Press in Athens

    ... debt-ridden country's future. After 12 hours of debate into the early hours yesterday, finance ministers from the 17 EU countries that use the euro, together with the International Monetary Fund ... governments over how to handle the Greek debt without reaching deeper into the pockets of their own taxpayers. "Greece has done what it had to and what it had committed to doing," Prime ...




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