Displaying items by tag: debt

Yesterday's agreement between Greece and the troika offer the nation hopes that it will be granted at least 10 billion euros in loan disbursements by lenders. Prime Minister Antonis Samaras sounded hopeful, stating: "The long negotiations with the troika have been completed successfully".

An article in Bloomberg entitled “Europe Can't Let Greece Drown in Debt,” notes that Greece and its creditors are wrestling with the country's debts yet again.

Standard & Poor's on Friday reaffirmed Greece's B-/B credit rating with positive outlook.