Greek financial crisis - 2009 to present

 

Greece, creditors reach deal on budget targets - AFP citing government source


PUBLISHED Mon, August 10, 2015 - 9:50pm EDT





  Greece        78 UPDATES

 



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 2 yrs   EU finance ministers approve first tranche of bailout funds for Greece - AFP citing official


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 2 yrs   Greek Finance Minister Tsakalotos expects all issues to be resolved with lenders this week - Reuters


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 2 yrs   Greek financial markets to reopen Aug. 3 - Finance Ministry


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 2 yrs   Greece repays 4.2 billion euros to European Central Bank

              Greece has repaid the European Central Bank (ECB) about €4.2 billion ($4.5 billion), avoiding a potential cut in emergency lending to Greek banks. "The ECB confirms it has been repaid," an ECB spokesperson said in an emailed statement. Greece had to repay a €3.5 billion ($3.8 billion) bond and €700 million ($759 million) in interest to the ECB to avoid a possible cut. The payment follows a €2 billion ($2.17 billion) payment earlier today to clear Greece's arrears at the IMF. Both payments were made possible thanks to a 7.16 billion euros ($7.77 billion) short-term loan approved by the European Union on Friday.


  Greece        78 UPDATES

 



 2 yrs   Greece repays International Monetary Fund, clearing arrears

              The Greek government has repaid the International Monetary Fund (IMF) 2 billion euros ($2.17 billion) to clear its arrears, IMF spokesman Gerry Rice says in an emailed statement. "Greece is therefore no longer in arrears to the IMF," Rice said. "The Fund stands ready to continue assisting Greece in its efforts to return to financial stability and growth." Monday's payment was made possible thanks to a 7.16 billion euros ($7.77 billion) short-term loan approved by the European Union on Friday. [full statement attached]


  Greece        78 UPDATES

 


 


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