13281
No Third Bailout
World Economy

No Third Bailout

Greece has already received two bailouts totaling 240b euros but fellow eurozone member Ireland said last week that it would have to negotiate a third program, World Bulletin reported. Greek Prime Minister Alexis Tsipras denied that his country would have to seek a third international bailout when a four month extension to its current program expires. Tsipras also said the government had requested a reduction in the country’s debt, even though EU/IMF creditors insist Greece must meet its obligations in full. “Some have bet on a third bailout, on the possibility of a third bailout in June. I’m very sorry but once again we will disappoint them,” he said.

Short URL : http://goo.gl/Q4FslQ

You can also read ...

Nigeria Recovery Fragile
Nigeria’s economy grew 1.4% year-on-year in the third quarter...
Asian Shares Dip
Asian shares fell in muted trading Monday ahead of the...
Michel Barnier during his speech in Brussels, Nov 20, said: Britain would lose its “passporting” rights to let banks automatically do business in the EU after it leaves in March 2019.
European Union Brexit chief Michel Barnier said on Monday the...
The export climate index remains elevated.
Japan’s exports grew 14% over a year earlier in October on...
IMF expects demand growth for housing to remain robust.
The International Monetary Fund says any pickup in Australian...
Household debt topped the list of key systemic risks cited by market watchers at 87%.
South Korea’s growing household debt and geopolitical risks...
Jordan’s real GDP is forecast to grow at 3% in 2018 and 3.2% in 2019.
Jordan’s economy which has been straddled with mounting debt...
Mongolia Rated Positive
Fitch Ratings agency has revised Mongolia’s credit rating from...

Trending

Googleplus