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GREECE BAILOUT DEAL
Greece's final bailout confirms what a waste the last eight months have beenThe next stage is even harder: implementing structural reforms which are as or even more demanding than the ones undertaken by previous gov...- Greece makes loan interest payment to IMFGreece made a loan interest payment to the IMF, the institution said, avoiding another default as the debt-riddled country negotiates a thi...
- Markets looking for cues from final clauses of Greece bailout deal: Madhur Jha, StanChart"We are likely to see some more ECB support. Markets will now really be looking at what the final terms of the new bailout agreement are li...
- Get ready for a 'fire sale' of Greek islandsAs the long-term ramifications of Greece's financial bailout play out more fire-sales of Greek islands are expected
- Motherson Sumi, Cox & Kings may outperform markets in short term: Ashwani GujralBuying into 8,500 calls on Nifty or building a portfolio particularly in the stocks which got impacted because of Europe is advisable, says...
- Disappointed with lack of progress in IMF quota reforms: EUEuropean Union today expressed disappointment over the non-implementation of IMF quota reforms, which would give India and other major emer...
- Europe has made Greece a terrible offer, and the Greek government thinks it's 'very bad'The plan also discusses a scenario in which Greece could have a "time-out" from the euro and possibly restructure its debt.
- Greeks are now panic buying ovens and refrigerators over fears of banks collapsingAny new currency that's installed would be worth much less than the euro, meaning debts taken out in euros would be much harder to pay back.
- Greece Finance Minister Yanis Varoufakis gives out reason for recommending "No" voteIn a blog post on Wednesday afternoon, finance minister Yanis Varoufakis wrote on why the government is recommending a "No" vote, in six sh...
- Hedge fund manager: Alexis Tsipras could be gone in 30 daysAs for the wider implications of a Greek default on the global economy, Richards said that European banks are strong, and few have exposure...
- All eyes on Greece referendum: What happens to global markets post July 5The Greece exit will lead to a knee jerk reaction, but the long term impact on global markets remain limited.
- Greece warned by EU President that coming week could seal its fateHopes of progress have swelled after German Chancellor Angela Merkel said Athens had committed to resolve the impasse with creditors in com...
- Greece wants to stay in the euro - but that won't be enough to stop a GrexitMost analysts seem to think that in the end, Greece's popular attachment to the euro will stop a Grexit (Greek exit from the eurozone) from...
- Greece rules out bailout deal that won't allow economic crisis exitGreece's FM is insisting that he will reject any deal with the country's bailout creditors that does not help the country exit its crisis.
- Euro group releases first bailout installment for CyprusThe euro group has signed off the first installment of the $13 billion financial bailout package for debt-stricken Cyprus.
- Fitch downgrades Greece deeper into junk territory, cites euro exit riskFitch said it had cut Greece's rating by one notch, from B- to CCC, the lowest possible grade for a country that is not in default.
- Eurozone finance ministers release 35 billion euro for GreeceEuro zone finance ministers have released 35 billion euro from the second bailout package for debt-ridden Greece shortly.
- Greek PM George Papandreou may resign after coalition dealGreece's political deadlock may be easing under EU pressure, a senior socialist said PM Papandreou would resign after a coalition deal
- China offers to buy Greek debt; vows double trade in 5 yrs``When Greece is in trouble, China will help- that's when real friendship matters,'' Chinese Premier Wen Jiabao said.
- Eurozone agrees bailout for GreeceAfter weeks of wrangling over whether and how to help Greece out of its financial crisis, the leaders of eurozone nations have reached a de...
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