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August 20, 2018
A lot of people try to fight their way through like that it was like i had to go you can in my hopes on something better even if we leave the bailout program i believe measures have been taken and we greeks will be paying for years to come but we all hope for something better. theres cautious optimism at the european commission in brussels. greeces transformative reforms have laid the foundations for a sustainable recovery putting in place the fundamental conditions need for sustained growth for...
August 20, 2018
There were saying about the end of the bailout program. we can clearly say then that investors have changed their mind about greece at first they were very skeptical now they are actually giving credit to the greece government that there drastic austerity policies paid off we have to remember that the greek government established some very unpopular reforms inside of the country the pension system we just heard it was completely reform lots of costs were also cut in the civil service machinery b...
August 20, 2018
Picked up again since last year making greece less attractive for companies in the domestic economy greeks need to earn more money and spend more of it again almost one in five are still unemployed greece has suffered through economic austerity and now the country needs to start its recovery. and for more on this major milestone for greece today lets rope in our correspondent and he can i say in athens and in brussels good to have both of you on the show i would like to start with you anthony be...
August 17, 2018
Stability mechanism said greece will be monitored more closely than other countries that have emerged from rescue programs in an interview with the german weekly desk . asserted that the eurozone crisis is over as greece prepares for the official end of its bailout program on monday but people in greece have seen little benefit in fact many are much worse off than ever before one in five are still unemployed and a slight economic growth is little comfort for those who saw their pensions trink to...
August 17, 2018
. the head of the european stability mechanism said greece will be monitored more closely than other countries that have emerged from rescue programs in an interview with the german weekly. leading asserted the eurozone crisis is over as greece prepares for the official end of its bailout program on monday but people in greece have seen little benefit in fact many are much worse off than ever before one in five are still unemployed and a slight economic growth is little comfort for those who saw...
August 15, 2018
Bank didnt have to just repossess annies house, they had to repossess millions of houses, put them all on sale and the bottom line is they werent worth much money so this is what brought us to the brink of collapse. >> losses forced some financial institutions to go out of business or be sold. look at all those names that dont exist anymore. aig nearly collapsed. the federal government moved in. congress approved a $700 billion bailout program. the federal reserve bought government securities an...
July 4, 2018
How to be european union so then what reforms are needed in your mind what worries you where are the biggest risks one of the biggest wrists and also pertains to italy is the doomed loop between banks. and government budgets so if there if these banks whole lots of government debt seven dead of their own country then once you have a banking crises and theres many non-performing loans in the talian banking system then this could lead to a national crisis that. we would have another bailout progra...
May 30, 2018
Expects growth of two percent and given those figures athens could soon exit the international bailout program by the e.u. the european central bank and to the international monetary fund the current third aid package totals eighty six billion euros and it will run out in august two thousand and eighteen preliminary forecasts suggest that greeces debt burden will reach around three hundred fifty billion euros this year but the economy is on the mend unemployment has dropped below twenty one perc...
April 28, 2018
Something we should keep in mind perhaps thats something we got to see at the beginning of next week greece is on course to end its bailout program theres some other reason for celebration perhaps of meeting the eurozone finance ministers in bulgaria today but theyve got plenty to discuss still greeces debt talks also seeing an opportunity for germanys fresh finance minister to meet his new colleagues. to chemistry between greek finance minister euclid tsakalotos and his german counterpart all o...
April 28, 2018
Chanting you know coming to greece is better than expected performance in twenty seventeen we feel good times from weve. definitely under a piece called cry on primary four point two percent in twenty seventeen of these two point five times but the fact that in the program greece has received a total of two hundred sixty billion euros as part of three bailout since twenty ten its latest and most likely its last bailout runs out in august the loans have come in exchange for sweeping and highly un...