Between 2013 and 2014, the country of Bulgaria saw one of its largest and most successful banks get demolished by a trio of a corrupt judiciary, corrupt media, and corrupt government officials in a classic corporate raiding scheme.
An Athens court recently furthered efforts to restructure supermarket retailer Marinopoulos by removing Tuesday's deadline for the resolution of third-party demands in the company’s bankruptcy.
European Commission President Jean-Claude Juncker recently spoke to German radio station Deutschlandfunk about the beleaguered Greek bailout program, criticizing the International Monetary Fund (IMF).
Following June 2015’s imposition of capital controls in Greece, the country has seen a marked increase in electronic transactions, particularly in contactless payments.
A recent meeting of the current Greek leadership party's political council, chaired by Prime Minister Alexis Tsipras, has fueled speculation that the party will agree to demands from European creditors to conclude the second review of the Greek program.
Following the International Monetary Fund’s (IMF) recent report on the Greek bailout, steps toward compromise between the IMF and European creditors make it likely that Greece will face pressure to meet its commitments.
Caterpillar recently introduced two new electric counterbalance forklifts ranges: the 48V and 80V EP ranges, which cover three- and four-wheel forklifts capable of handling between 1.3 tons and 5 tons.
Jeroen Dijsselbloem, Dutch finance minister and Eurogroup chairman, said the Netherlands cannot move forward with the Greek bailout program without the International Monetary Fund's (IMF) support.
Last year, Greece’s public debt rose to to $347.78 billion from 2015’s figure of $342.42 billion, a $5 billion increase stemming from interest rates on Greek debt that resulted in a budget deficit at the end of 2016.
Christine Lagarde, managing director of International Monetary Fund (IMF), recently spoke at an Atlantic Council meeting in Washington, D.C., about the sustainability of Greek debt.
Greek Economic Minister Dimitri Papadimitriou expresses confidence that talks over the third Greek bailout will soon be over without harm for the country.
The Greek government continues to face pressure from the International Monetary Fund (IMF) to lower its annual tax-free threshold, which would force up to 1.5 million more people, including low-wage earners and lower-income pensioners, to enter the tax base.