Greece Agrees to $30 Billion Deal

Published on May 3, 2010 by Technology Slice

Greece Agrees to $30 Billion Deal – Greece has agreed a package of austerity measures under which it aims to cut its budget deficit by 30 billion euros over three years on top of measures already agreed, Finance Minister George Papaconstantinou said on Sunday. Under the deal with the European Union and International Monetary Fund [...]

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Posted in Money, Politics

Greek Debt Costs Soar

Published on April 23, 2010 by Technology Slice

Greek Debt Costs Soar – Greece started talks to hammer out details of a potential European and International Monetary Fund aid deal on Wednesday but investors dumped Greek assets and the package faced heated resistance at home and abroad. Struggling to convince markets that Greece can slash its budget deficit and avoid default, the socialist [...]

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Posted in Money

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