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Business - Page 496

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Euro zone, IMF to seek Greece deal, debt write-off main problem

Euro zone finance ministers and the International Monetary Fund will seek to unfreeze the second bailout package for Greece on Monday, but they first need to agree if some of the official

26th November 2012
Business

EU BUDGET: Allies help UK’s Cameron prevail in Brussels showdown

British Prime Minister David Cameron gained allies in his fight against EU spending rises on Friday to avoid having to wield a solitary veto that would have further isolated Britain and fuelled

24th November 2012
Business

Merkel says confident Greek aid deal can come on Monday

German Chancellor Angela Merkel said on Friday she was confident that international lenders could reach a deal on Monday to release emergency aid to Athens and that such a deal would be

24th November 2012
Business

GREECE: NBG shareholders approve Eurobank offer

National Bank of Greece shareholders approved the bank's offer to buy all of rival Eurobank and create the country' biggest lender. NBG made a share-swap offer in early October to buy all

24th November 2012
Business

Early start to U.S. ‘Black Friday’ shopping frenzy

The U.S. shopping frenzy known as "Black Friday" kicked off at a more civilized hour, with shoppers welcoming decisions by retailers such as Target Corp and Toys R Us Inc to move

23rd November 2012
Business

German business sentiment surprises with November rise

German business morale surprised with its first rise in seven months in November as exports outside the euro zone and the prospect of strong Christmas sales offered hope Europe's largest economy can

23rd November 2012
Business

Greece says lenders closer to debt compromise, IMF relaxes debt/GDP target

The International Monetary Fund has relaxed its debt-cutting target for Greece and only a 10 billion euro ($13 billion) gap remains to be filled for a vital aid installment to be paid,

23rd November 2012
Business

GLOBAL MARKETS: Euro, shares gain as Greek deal seen closer

European shares rose and the single currency hit a three-week high on Friday after progress was reported in talks to help Greece manage its huge debt and secure much needed aid payments.

23rd November 2012
Business

Greek economy pays high price for its high prices

Signs across Athens advertise property for rent or sale. One in three shops has closed. At those still open for business, turnover has slumped. So it is one of the mysteries of

23rd November 2012
Business

Greece’s lenders inch closer to debt viability agreement

International lenders have agreed new steps to cut Greece's debt pile further but it still has to fill a 10 billion euro ($13 billion) gap to gain the IMF's approval for its

23rd November 2012
Business
Previous 1 … 494 495 496 497 498 … 2,266 Next

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