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Category Archives: Financial Crisis
When will UK bailout banks be ready to repay Government
Many people are wondering when the UK banks that received bailout money are going to start to repay the Government, and more importantly, when they will start to see the effects of the repayment, given the fact that it was … Continue reading
What would default mean for Greece?
At this point it is becoming very clear to experts, and those who simply read the news, that Greece is not going to be able to pay its debts, but the question on everyone’s minds is what actually happens to … Continue reading
Greek PM denies reports that national treasures to be sold
Despite rumours that public assets national treasures could be seized by international creditors to pay of Greece’s international debts, the Prime Minister of the country continues to deny that such prospect has even been considered. This week George Papandreou has … Continue reading
Posted in Financial Crisis
Tagged asset sales, bailout, cabinet meeting, Debt, EU, eurozone, Finance, Financial Crisis, george papandreou, greece, greeks, international creditors, international debts, Middle East, monitors, national monuments, national treasures, owned properties, prime minister, proactive steps, public assets, rumours, suggestion
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