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#Greek economy

# greek-economy - Monday 29 April, 2013

Greece forced to sack 15,500 public workers to keep EU funds

MPs have signed off on laws which enforce the first mandatory public layoffs in Greece for over a century.

# greek-economy - Saturday 15 December, 2012

Transport, texts and telecommuting: The week in numbers

How many SMS messages are sent in Ireland every second? And how many times could Greece buy Sergio Aguero?

# greek-economy - Wednesday 12 December, 2012

Greek buy-back deal would wipe €20 billion off national debt

The deal will see some people get only a third of their money back – but others will get three times their investment.

# greek-economy - Tuesday 4 December, 2012

Ireland's cost of borrowing falls to lowest since April 2010

Bond markets responded positively to Greece’s proposal to buy back its debts – and Ireland is benefiting.

# greek-economy - Monday 3 December, 2012

Greece asks creditors to sell their bonds back to the government

Athens will buy back its bonds, for between 30 and 40 per cent of their face value, in order to clear its debts.

# greek-economy - Monday 5 November, 2012

Greek parliament begins debate on latest €13.5bn austerity package

Parliament will spend the entire week debating the 2013 Budget, which will introduce another €13.5 billion in budget cuts.

# greek-economy - Tuesday 23 October, 2012

Junior partners in Greek government set to veto latest Troika demands

Left-leaning partners in the coalition are rejecting Troika demands to make it easier to sack workers.

# greek-economy - Monday 1 October, 2012

EU report says Irish homes hit second-hardest by economic slump

Disposable incomes in Irish households fell by more than in every other EU country between 2009 and 2011 – except for Greece.

# greek-economy - Monday 20 August, 2012

European leaders begin week of crucial meetings on Greece's future

The week began today with a meeting of Greece and Germany’s foreign ministers, which ended with stern words from Germany.

# greek-economy - Thursday 2 August, 2012

Greek leaders agree on €11.5 billion of new cuts

Antonis Samaras has convinced his junior coalition partners to drop their objections to further austerity measures.

# greek-economy - Monday 23 July, 2012

IMF refuses to deny reports that it may cut Greek funding

Der Spiegel says the IMF wants out of Greece as soon as the ESM kicks in in September – and the IMF won’t deny it.

# greek-economy - Tuesday 19 June, 2012

Spanish auction sees cost of short-term loans rocket... again

Spain sold off €3 billion in 12-month bills, but paid the price as investors continued to demand a high premium for their money.

# greek-economy - Wednesday 30 May, 2012

This is what happens to Greece if it leaves the euro

Greece’s largest commercial bank has painted a picture… and it’s not pretty.

Pro-bailout party retains narrow lead in Greek opinion polls

New Democracy is likely to get 23.4 per cent of the vote next month, with the anti-bailout Syriza on 22.1 per cent.

# greek-economy - Tuesday 22 May, 2012

The 9 at 9: Tuesday

Every morning, brings you the nine stories you need to know as you kick off your day.

# greek-economy - Friday 11 May, 2012

Radical Left coalition to meet Socialists in last bid to form Greek government

If Alexis Tsipras and Evangelos Venizelos can’t agree a common platform, a second election will be almost certain.

# greek-economy - Tuesday 8 May, 2012

Radical Left coalition to begin attempts at forming Greek coalition

Alexis Tsipras will try to form a government after the largest party, New Democracy, said it would not be able to govern.

# greek-economy - Wednesday 14 March, 2012

Juncker hails "unique opportunity" as Greece gets new bailout funds

Eurozone members have agreed to release the first €39.4 billion of funds under Greece’s second bailout programme.

# greek-economy - Friday 9 March, 2012

Success for Greece as huge majority of investors agree to bond swap

The biggest sovereign bond swap in history will unltimately see 95.7 per cent of investors agree to write down their debts.

# greek-economy - Saturday 25 February, 2012

Prime numbers: The week in stats

Debts, draw-downs, state assets and lunar rock – all of that, and more, in your weekly numerical wrap-up.

# greek-economy - Monday 20 February, 2012

The 9 at 9: Monday

Nine things to know by 9am, including: Final day of Xi visit, Greece set for €130bn loan, Bank of Ireland cuts its losses, and are you hungry enough for a test tube hamburger?

# greek-economy - Wednesday 15 February, 2012

Doubts remain over approval of Greece's second bailout

A meeting of eurozone finance ministers due today has been put back until Monday, due to concerns over “political assurances”.

# greek-economy - Tuesday 14 February, 2012

Greece’s budget deficit for 2012 is already €1bn bigger than expected

Greece expected its income for January to be 8.9 per cent higher than last year. It actually fell… by 7 per cent.

# greek-economy - Friday 13 January, 2012

Greece may face full default after talks with bondholders falter

Talks between Greece and its bondholders have “paused for reflection” but may be on the verge of total collapse.

# greek-economy - Tuesday 3 January, 2012

The Daily Fix: Tuesday

In tonight’s Fix: Priory Hall residents ask Taoiseach to intervene, a reprieve for the Irishmen who fought Hitler, watch out for 125kmh winds, and more…

Greece: If we can't finalise second bailout, we'll have to leave the euro

The Greek government warns that talks to finalise a default on some sovereign bonds have the euro’s future at stake.

# greek-economy - Thursday 29 December, 2011

Recessions, downgrades and Super Mario - 2011: the year in money Review 2011 This post contains images

Recessions, downgrades and Super Mario - 2011: the year in money

2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.

# greek-economy - Tuesday 13 December, 2011

Belgium, Spain and bailout fund perform better in bond auctions

There’s little respite for Greece, though, which is asked to pay a higher yield on an experimental auction of short-term bonds.

# greek-economy - Monday 21 November, 2011

Student study: Ireland could write off 85 per cent of its European debt

The pan-European ESCP business school says Ireland could get rid of €184bn in debts – by simply cancelling them out with others.

# greek-economy - Wednesday 26 October, 2011

EU leaders approve banking bailout plan, while Greek talks continue

Leaders agree to recapitalise weak banks by next summer, though it is reported that talks on Greek haircuts have hit a snag.

# greek-economy - Tuesday 25 October, 2011

Italian government - and Eurozone - on the brink over debt deal

Silvio Berlusconi’s coalition is divided on implementing reforms demanded by the EU, leading to the cancellation of some of tomorrow’s summits.

# greek-economy - Saturday 22 October, 2011

The Daily Fix: Saturday The Daily Fix This post contains videos

The Daily Fix: Saturday

In tonight’s Fix: Seán Gallagher in pole position for the Áras, 2,000 march to Occupy Dame Street, was Muammar Gaddafi the richest man alive? Plus: the Rubik’s Cube world record…

Greece to be hooked on bailouts for a decade, says Troika report

A document prepared for finance ministers, leaked to the press, says bondholders may be burnt to the tune of 60 per cent.

# greek-economy - Wednesday 19 October, 2011

Take 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

# greek-economy - Tuesday 11 October, 2011

Greece secures €8bn bailout loans - with a slap on the wrist

The Troika concludes a review mission to Athens – likely to approve new loans, but with damning words about economic reform.

# greek-economy - Thursday 6 October, 2011

Trichet's last ECB meeting not likely to see cuts to rate ECB

Trichet's last ECB meeting not likely to see cuts to rate

The ECB’s monthly meeting today is the latest before Jean-Claude Trichet hands over the reins at the European Central Bank.

# greek-economy - Tuesday 4 October, 2011

Greece's €8bn lifeline put on hold - but ministers still rule out default

Eurozone finance ministers have decided to delay a decision on Greece’s next €8bn loan package until later in the month.

# greek-economy - Monday 3 October, 2011

Ministers scramble to Luxembourg as Greece admits it will miss bailout targets

The shrinking Greek economy means the austerity drive will not be enough to ensure that the government deficit is within targets.

# greek-economy - Friday 30 September, 2011

European markets open down following Germany's bailout vote

US markets finished in positive territory last night, but a European rally faded – while Asian markets were flat this morning.

# greek-economy - Wednesday 28 September, 2011

Greek government secures €2bn property tax ahead of EU-IMF showdown

The Troika are in town today, the day after massive protests greeted the passage of a new property tax through parliament.

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