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Lucas Papademos

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Dollar at 20-month high as fears of Greece exit dent euro

May 23, 2012

Dollar at 20-month high as fears of Greece exit dent euro

The euro's drop had accelerated the previous day after Dow Jones quoted former prime minister Lucas Papademos as saying Greece had no choice but to stick with a painful austerity programme or face a damaging exit from the eurozone. #Dollar #Greece #Euro #Dow Jones & Company #CurrencyWatch #Lucas Papademos
Greece still to convince Europe over rescue plan

Feb 14, 2012

Greece still to convince Europe over rescue plan

Euro zone paymaster Germany said ahead of the vote that it was losing patience with throwing money into the "bottomless pit" of Greece's debt crisis. #NewsTracker #Greece #European Union #euro zone #Lucas Papademos
It's bailout or chaos Lucas Papademos

Feb 12, 2012

It's bailout or chaos Lucas Papademos

Greek Prime Minister Lucas Papademos has told lawmakers to back a deeply unpopular international financial rescue in a vote Sunday. #NewsTracker #Greece #European Union #Lucas Papademos
Greece's face tough choice: deep budget cuts or default

Feb 12, 2012

Greece's face tough choice: deep budget cuts or default

Greece is trapped in a lose-lose predicament: It must deepen an austerity plan that will throw many more people out of work. Or it must default on its debts, abandon Europe's single currency with its banking system imploding. #NewsTracker #Greece #European Union #euro zone #Lucas Papademos
Greek deputy minister quits over bailout reforms

Feb 10, 2012

Greek deputy minister quits over bailout reforms

Deputy Labour Minister Yannis Koutsoukos, a member of the socialist PASOK party and former trade union leader, said he was quitting because the measures were "painful for working people." #NewsTracker #Greece #European Union #Lucas Papademos #Yannis Koutsoukos
Frustration as Greece seeks elusive bailout deal

Feb 09, 2012

Frustration as Greece seeks elusive bailout deal

One deadline after another has passed without the leaders making up their minds on terms for the new 130 billion euro rescue which Athens must receive to avoid going bankrupt #NewsTracker #Greece #International Monetary Fund #European Union #Lucas Papademos
Greece turns deaf ear to EU warnings, delays bailout

Feb 08, 2012

Greece turns deaf ear to EU warnings, delays bailout

With a series of deadlines come and gone, leaders of the three parties in the coalition of Prime Minister Lucas Papademos postponed what was supposed to be a crunch meeting until Wednesday. #IMF #NewsTracker #Greece #European Union #Lucas Papademos
Greece struggles on for deal on unpopular reforms

Feb 04, 2012

Greece struggles on for deal on unpopular reforms

Athens failed to reach a deal with the European Union, European Central Bank and the International Monetary Fund in marathon negotiations that ended early on Saturday. #NewsTracker #Greece #European Union #Lucas Papademos
Greek PM seeks backing for key reforms

Feb 02, 2012

Greek PM seeks backing for key reforms

With a longdelayed deal with private sector creditors to cut Greece's debt mountain by 100 billion euros nearly wrapped up, the government is now racing to complete talks on the 130billion euro (108 billion pound) bailout. #NewsTracker #Greece #International Monetary Fund #European Union #Lucas Papademos
Debtrelief talks restart in Greece

Jan 27, 2012

Debtrelief talks restart in Greece

The deal is required for a second international bailout with a looming 14.5 billion bond repayment on March 20 that carries a serious threat of bankruptcy for Greece. #NewsTracker #Greece #European Union #euro zone #Lucas Papademos