Latest articles on Greek Bailout

Turkey’s lira turmoil could herald a global financial crisis

A decade of unconventional monetary policy has stored up immense vulnerabilities in the world economy

Why the ‘obsession’ with pension cuts, asks Greek PM Tsipras

Greek Prime Minister Alexis Tsipras sees further pension cuts to low earners as a red line his leftist Syriza party will not cross.

Greece’s new leader moves to form anti-austerity government

The election result marked a comprehensive rejection of the years of austerity demanded by the EU and IMF in return for the €240-billion bailout.

Greeks return to the hard life they tried to escape

Greece has had to impose budget cuts of more than 20-billion in three years - the most any eurozone country has been forced to endure.

Greeks make big stink of austerity effect

The Greek economy is on the verge of a 1930s-style Great Depression, as the Athens government predicts a 25% fall in gross domestic product by 2014.

No rest for debt weary Greeks

The Greek government has been ordered to implement draconian measures to reform the labour market by introducing a six-day working week.

In tough times, Greeks bear gifts

Citizens in Greece have forged ingenious new economic models to survive by pulling together and selling necessities such a vegetables at cost price.

Eurozone ministers to continue ‘tough’ Greece talks

Finance ministers are to confer by telephone after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal.

Let Greeks decide on debt

The process has been hijacked by a self-serving troika that has ignored the people.

Europe’s biggest deficit is democratic independence

Financial markets rallied after Greek Prime Minister George Papandreou announced he was dropping plans for a referendum on the terms of the bailout.

Greek parties set for more wrangling

Greek leaders were beginning a second day of talks and behind-the-scenes wrangling on Sunday to break a political deadlock.

Austria confident of Greek bailout

Austria's finance minister says Greece will more likely than not receive the next tranche of bailout cash it needs to stave off bankruptcy.

Private sector powers Greek bailout

Eurozone leaders have agreed to a sweeping deal that will grant Greece a massive new bailout and radically reshape the currency union's rescue.

Athens struggles to win backing for austerity plan

Greece's government faces an electorate opposed to austerity measures which must be passed in Parliament next week to avert default.

Greek prime minister fights to avert default

Greek Prime Minister George Papandreou faces a confidence vote on Tuesday, a hurdle he must clear to win backing for a new round of spending cuts.

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Zulu land body challenges audit outcome

Ingonyama Trust Board chairperson Jerome Ngwenya has challenged the audit process in the face of a series of unfavourable ratings

‘Terrorised’ family shines a light on traditional leadership for vulnerable people

The ambiguity between traditional and constitutional leadership has been exposed by the violent banishment of an Eastern Cape family

Sisulu dissolves housing agency board, again

The HDA is once again under administration, and its acting chief executive gets to stay on

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