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Greece to start laying off state workers under new EU deal
Finance Minister Evangelos Venizelos told the pro-government newspaper To Vima that the loan tranche was “assured” because “we are taking such difficult decisions and the Greek people are shouldering such great sacrifices”. But there has clearly been a
Updated: 10/02/2011 07:10A
Greece 'more likely than not' to get next aid slice
Debt-wracked Greece will more likely than not receive the next tranche of bailout cash it needs to stave off bankruptcy, Austria's finance minister was quoted as saying on Sunday, AFP reported. "The likelihood that the next eight-billion-euro
Updated: 10/02/2011 06:38A
Kodak denies any bankruptcy plans
The struggling US camera and printing group's comments came after it confirmed it had hired a law firm well-known for handling bankruptcy protection cases, Jones Day. Kodak said it was "not unusual for a company in transformation to explore all
Updated: 10/02/2011 06:10A
Kodak denies it plans to file for bankruptcy protection
The struggling US camera and printing group's comments came after it confirmed it had hired a law firm well-known for handling bankruptcy protection cases, Jones Day. Kodak said it was "not unusual for a company in transformation to explore all
Updated: 10/02/2011 06:10A
The threat of bankruptcy masks the truth about Greece's options
GREECE'S bond obligations are in effect unsecured loans. More than 50 per cent of this debt is outside Greece while the rest falls on the shoulders of Greek investors, mostly banks and provident funds
Updated: 10/02/2011 06:02A
St. Louis Post-Dispatch Jim Gallagher column
They suggest investment-grade bonds with short to intermediate terms, stocks in big American companies with dividends fat and secure, some master limited partnerships and perhaps a carefully selected real estate investment trust.
Updated: 10/02/2011 05:58A
Students march during aa protest against economic austerity and planned
in Athens is not sustainable, we must say how we are prepared for a coordinated bankruptcy and how we will prevent further contagion.” Students march during aa protest against economic austerity and planned education reforms in Athens September 30.
Updated: 10/02/2011 05:57A
12:14 Greece due to unveil plan to sack state workers
Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a package demanded by the EU and IMF to free up loans and stave off bankruptcy. Without the release of an 8 billion euro ($10.7
Updated: 10/02/2011 05:43A
Irish Panel to Propose Debt Write-Offs, Sunday Independent Says
Oct. 2 (Bloomberg) -- The Irish cabinet will receive a report next week from a group chaired by Declan Keane that proposes changes to Ireland's bankruptcy laws and mortgage debt write-offs by banks for some homeowners,
Updated: 10/02/2011 05:28A
Gov't to unveil plan to slash public sector
ATHENS [Reuters] - Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave off bankruptcy. Without the release of an 8
Updated: 10/02/2011 05:23A
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