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Greek debt swap could be short-lived reprieve

YoopyaMar 12, 20120

(Reuters) – Greece’s deep recession and unpredictable elections threaten to turn the biggest debt restructuring in history into yet another short-lived reprieve, although the existential

Greece averts immediate default, markets skeptical

YoopyaMar 10, 20120

(Reuters) – Greece averted the immediate threat of an uncontrolled default on Friday, winning strong acceptance from its private creditors for a bond swap deal

Insight: How the Greek debt puzzle was solved

YoopyaFeb 29, 20120

(Reuters) – Wolfgang Schaeuble was playing Sudoku on his iPad as he waited to hear whether Greece’s negotiating team had persuaded private creditors to accept

Lofty oil new headache for debt-ridden Europe

YoopyaFeb 25, 20120

LONDON (Reuters)- No sooner are Europe’s debt anxieties easing a touch than a sharp rise in oil prices threatens to impede the economy’s tentative recovery

Europe seals new Greek bailout but doubts remain

YoopyaFeb 22, 20120

(Reuters) – Euro zone finance ministers agreed a 130-billion-euro ($172 billion) rescue for Greece on Tuesday to avert an imminent chaotic default after forcing Athens to commit

Europe seals new Greek bailout to avert default

YoopyaFeb 21, 20120

(Reuters) – Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default next month after forcing Athens to

Decision day for second Greek bailout despite financing gaps

YoopyaFeb 20, 20120

(Reuters) – Euro zone finance ministers are expected to approve a second bailout for Greece on Monday to try to draw a line under months of uncertainty

Shares, euro gain on China easing, Greek hopes

YoopyaFeb 20, 20120

(Reuters) – European shares hit seven-month highs and the euro rose on Monday, underpinned by a surprise stimulus move in China and signs Greece would secure a

More work needed yet on elusive Greek bailout deal

YoopyaFeb 18, 20120

(Reuters) – European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros ($171 billion) though policymakers admitted urgent work

Greece closes in on bailout, lenders seek more oversight

YoopyaFeb 17, 2012October 31, 20220

Greece appears to be closing in on a new international rescue package despite unresolved doubts among euro zone partners about how fast it will manage to